601-605 15th Street Sacramento, CA $ 1,895,000
601-605 15th Street
$ 1,895,000
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601-605 15th Street

Sacramento, CA, 95814
$ 1,895,000
Bedrooms5 Baths4.0

Monthly Estimate*

$ 11,822

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Multi-Family Home for sale in Sacramento, CA

for $1,895,000 with 5 bedrooms and 4 full baths. This home was built in 1920 on a lot size of 0.14.

We are pleased to present the opportunity to purchase 601-605 15th Street. This recently renovated two-story, 6,512 SF, mixed-use building is being offered for $1,895,000, reflective of a 7.8% capitalization rate based on a blended actual and proforma Net Operating Income of $147,635.61 creating a perfect opportunity for a restauranteur looking to make their first move into building ownership or an investor focused on mixed-use value-add investments. The approx. 3,764 SF ground floor restaurant space offers any potential users all the benefits of a well thought out second-generation spaces with kitchen complete with hood, sinks, floor drains and full bar buildout allowing flexible use as one contiguous space or leveraging the multiple street entrances and four separate restrooms for two distinct and separate concepts. Remodeled in 2020, the fully occupied four residential units offer tenants tasteful and timeless upgrades including LVP flooring, modern countertops, new dishwashers, cooktop and side-by-side refrigerators, washer/dryer hookups and modern frameless glass shower enclosures. Combined with the roughly 313 SF patio to make an inviting home for anyone looking for the Downtown/Midtown experience. Seller financing available.

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Multi-Family Active

Price

$ 1,895,000

Bedrooms

5

Full Bath

4

Property Type

Multi-Family

Taxes

$ 0

Style

Mid-Century

Lot Size

0.14

Year Built

1920

Town/City

Sacramento

County/Region

Sacramento

MLS | Web ID

225142602

Features
General
Sewer Public Sewer
Heating Separate
Cooling Ceiling Fan(s) Separate
Utilities City
Roof Flat
Appliances Built-In Electric Oven Gas Cook Top Built-In Refrigerator Dishwasher
Unit 4 Rent 2600
Unit 2 Rent 2400
Unit 3 Rent 2200
Unit 1 Rent 2400
HOA Fee 0
Garage Spaces 0.0
Patio/Porch Features Balcony/Deck
Architectural Style Mid-Century
Construction Materials Brick Concrete Masonry
Year Built 1920
View Downtown
Stories Count 2
Levels Two
Property Subtype Other
Elevation 0
County Sacramento
Property Type ResidentialIncome
HOA N
Total Rooms 0
Close Price 0.0
Status Active
Directions On the corner of F and 15th Street in the Alkali Flat neighborhood that borders Midtown and Downtown Sacramento.
City Sacramento
High School District Sacramento Unified
Zoning Description C2
Open Parking Spaces 0.0
Number Of Units Total 5
MLS Area 10814
Lot Size Square Feet 6098.0
Carport Spaces 0.0
Property Condition Updated/Remodeled
Ok to Lease Less Than 12 Months
Standard Status Active
Middle/Junior School District Sacramento Unified
Elementary School District Sacramento Unified
Year Built Source Other
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Interior
Flooring Tile Vinyl Wood
Total Stories 2
Unit 1 Full Baths 1
Unit 2 Full Baths 1
Unit 3 Full Baths 1
Unit1Bedrooms 1
Unit3Bedrooms 1
Laundry Features Washer/Dryer Leased Varies by Unit Washer/Dryer Hookups
Unit 1 Bedroom Units Total 3
Unit 2 Bedroom Units Total 1
Unit 3 Bedroom Units Total 0
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Exterior
Parking Features Street Uncovered
Lot Features Corner Sidewalk
Water Source Public
Total Parking 5.0
Foundation Details Concrete
Number of Buildings 1
Lot Size Acres 0.14
Lot Size Source Assessor Agent-Fill
Covered Spaces 0.0
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Internal Only
Street Number 1 601
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* Excluded Features
List By
Ken Turton, Broker

Broker

haydennabers@turtoncom.com

Email

Affordability Calculator

$11,822
Per Month
100%
0%
0%
Monthly Principal & Interest
$11,822
Monthly Property Taxes
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Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3193778 Elementary School
3193676 Middle School
Unknown High School High School
Pricing History
Date Price Price Change Description
11/10/2025 $1,895,000 Listed Price

Map


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601-605 15th Street, Sacramento, CA, 95814 is a Multi-Family Home for sale at $1,895,000 with a lot size of 0.14. 601-605 15th Street has 5 bedrooms, 4.0 baths, and was built in 1920. The property's zip code is 95814 which is in Sacramento, CA