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Paul Gallegos

paul@gocobaltrealty.com +1(916) 208-1068

$ 929,000

Est. payment | -/mo

4,744 SqFt

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$ 929,000

Est. payment | -/mo

Save Virtual Tour

4,744 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,744 sqft

Price per Sqft $195

MLS Listing ID 226101102

HOA Y/N No

Year Built 1885

Lot Size 3,201 Sqft

Acres 0.0735

Property Sub-Type Quadruplex

Source MLS Metrolist

Property Description

This stunning, historically preserved Victorian fourplex in Sacramento's premier Mansion Flats neighborhood combines timeless 19th-century elegance with exceptional investment flexibility. Featuring dramatic 10 to 12-foot ceilings, intricately restored architectural details, and unique split-flat layouts, these easy-to-rent units amplify natural light and attract steady tenant interest. Positioned in a highly walkable urban core, the property sits blocks from the Capitol, DOCO and the Golden 1 Center, and is perfectly poised to benefit from nearby major urban revitalization projects like The Railyards development and the new soccer stadium. The immediate neighborhood includes historic architecture in a mature tree canopy with vibrant local coffee houses, live music venues and acclaimed fine and casual dining spots. Current rents on these spacious units provide upside potential for immediate value-add income growth as the area continues to thrive. With one unit soon becoming vacant, this is a rare opportunity for an owner-occupant to move into a grand historic flat and enjoy downtown living, while using the revenue from the other three units to help pay down the mortgage. Plus, this 140 year old building comes with a clear section 1 pest report...A true unicorn.

Location

State CA

County Sacramento

Area 10814

Direction 15th Street between E and F.

Rooms

Other Rooms Unit-1 Type: Flat Approx SqFt: 1100 Bedrooms: 2 Full Baths: 2 Occupancy: Tenant Rent: 2250 SqFt Source: Tax Record Unit-2 Type: Flat Bedrooms: 1 Full Baths: 1 Occupancy: Tenant Rent: 1500 Unit-3 Type: Flat Bedrooms: 1 Full Baths: 1 Occupancy: Tenant Rent: 1500 Unit-4 Type: Flat Bedrooms: 1 Full Baths: 1 Occupancy: Tenant Rent: 1450

Interior

Heating Natural Gas

Cooling Ceiling Fan(s), Window Unit(s)

Flooring Carpet, Laminate, Wood

Appliance Free Standing Gas Oven, Free Standing Gas Range, Gas Water Heater, Varies By Unit

Laundry In Each Unit

Exterior

Parking Features Street

Utilities Available City, Sewer In & Connected, Electric, Natural Gas Connected

Water Access Desc Public

Roof Type Composition

Building

Lot Description Shape Regular

Story 2

Foundation Raised

Sewer Public Sewer

Water Public

Architectural Style Victorian

Level or Stories Two

Schools

Elementary Schools Sacramento Unified

Middle Schools Sacramento Unified

High Schools Sacramento Unified

School District Sacramento

Others

Senior Community No

Tax ID 002-0132-023-0000

Special Listing Condition None

Virtual Tour https://tours.topnotch360.net/2399688?idx=1

Listed by Better Homes and Gardens RE

Nearby Locations

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Paul Gallegos

REALTOR® | Lic# 01858690

paul@gocobaltrealty.com

+1(916) 208-1068

970 Reserve Dr, #100, Roseville, CA, 95678

521 15th ST Sacramento, CA 95814

Paul Gallegos

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

521 15th ST