Located in the heart of Downtown Sacramento, 318 12th Street presents a rare mixed-use investment opportunity combining stable residential income with owner-user or lease-up potential on the ground floor. The ±4,835 square foot building features three apartment units above, offering consistent cash flow in one of Sacramento’s most walkable and amenity-rich districts. The property’s classic urban character and prime infill location position it well for both long-term appreciation and immediate income generation.
The ±1,920 square foot ground floor retail/office space is currently occupied by Seller and could be delivered vacant prior to close of escrow, providing flexibility for an owner-user to occupy the space, or an investor to lease up and capture market rents. Additionally, the property includes two deep garages that offer valuable upside potential, with the possibility to either rent out as-is, or a conversion to additional residential units. Offered at a purchase price of $1,300,000, 318 12th Street represents a compelling opportunity to acquire a versatile asset with in-place income and significant upside in the core of our city.