1019-1023 H Street
Sacramento, CA, 95814
$
3,995,000
Bedrooms1
Baths1.0
Sq
18,421
Monthly Estimate*
$
25,225
for $3,995,000 with 1 bedroom and 1 full bath. This 18,421 square foot home was built in 1880 on a lot size of 0.3673.
Wetzlar Square, an exceptionally rare opportunity to acquire one of Downtown Sacramento's most distinctive mixed-use investment properties. Offered for sale for the first time since 1989, Wetzlar Square consists of three architecturally unique buildings situated on a single parcel, blending irreplaceable historic character with stable income and long-term investment potential. The property features 23 apartment units and ground-floor professional office suites, creating a diversified income stream that appeals to investors seeking both stability and future upside. Each building offers its own unique identity. 1019 H Street is a striking three-story brick apartment building showcasing timeless architectural character. 1021 H Street, originally constructed by Julius Wetzlar in 1871, is one of Downtown Sacramento's historic residential gems. Throughout its history, the building has been home to prominent Sacramento residents and preserves architectural features rarely found today, including four extraordinary residences with approximately 18-foot ceilings that create an unmatched living experience. Fronting H Street, 1023 H Street provides professional office space at street level with apartments above, creating an ideal environment for attorneys, consultants, and other professionals who benefit from the property's close proximity to the federal and county courthouses. Perfectly positioned within Sacramento's Government and Legal District, Wetzlar Square sits just moments from City Hall, the California State Capitol, the U.S. District Court, the Sacramento County Courthouse, and countless government agencies, law firms, and professional offices. The surrounding neighborhood offers an exceptional walkable lifestyle with restaurants, coffee shops, entertainment, public transportation, and the city's expanding residential and employment base all within blocks of the property. Investment opportunities of this caliber are increasingly difficult to replicate. The combination of historic architecture, multiple income sources, irreplaceable downtown location, and nearly four decades of ownership creates a compelling offering for investors seeking a landmark asset with dependable cash flow and meaningful long-term appreciation potential. Whether maintained as a stabilized mixed-use investment or enhanced through strategic renovations and operational improvements, Wetzlar Square represents a true generational acquisition in the heart of Downtown Sacramento.
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Features
Interior
Interior Amenities
Formal Entry
Basement
Storage Area
Other
Flooring
Carpet
Tile
Linoleum
Total Stories
3
Unit 1 Full Baths
1
Unit 2 Full Baths
0
Unit 3 Full Baths
0
Unit1Bedrooms
1
Unit3Bedrooms
0
Laundry Features
Other
Unit 1 Bedroom Units Total
13
Unit 2 Bedroom Units Total
1
Unit 3 Bedroom Units Total
0
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General
Sewer
Public Sewer
Heating
Electric
Wall Furnace
Cooling
Wall Unit(s)
Window Unit(s)
Utilities
Sewer Connected
City
Electric
Natural Gas Connected
Roof
Shingle
Unit 4 Rent
0
Unit 2 Rent
0
Unit 3 Rent
0
Unit 1 Rent
1300
HOA Fee
0
Garage Spaces
0.0
Architectural Style
Mid-Century
Victorian
Other
Construction Materials
Brick
Concrete
Stucco
Wood
Wood Siding
Masonry
Year Built
1880
View
City
City Lights
Downtown
Stories Count
3
Property Subtype
5 or More Units
Elevation
0
County
Sacramento
Property Type
Residential Income
HOA
N
Total Rooms
0
Close Price
0.0
Status
Active
Directions
From the North (I-5 S): Head south on I-5
take the J Street exit toward downtown
merge onto J Street
turn right onto 10th Street
and turn right on H Street.From the South (I-5 N / US-50): Head north
City
Sacramento
High School District
Sacramento Unified
Zoning Description
C-3-SP
Open Parking Spaces
0.0
Number Of Units Total
29
MLS Area
10814
Lot Size Square Feet
16000.0
Carport Spaces
0.0
Property Condition
Updated/Remodeled
Varies by Unit
Standard Status
Active
Middle/Junior School District
Sacramento Unified
Elementary School District
Sacramento Unified
Year Built Source
Assessor Auto-Fill
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Exterior
Parking Features
Attached
Off Street
Offsite
Street
Lot Features
Auto Sprinkler F&R
Water Source
Irrigation District
Total Parking
20.0
Foundation Details
Raised
Slab
Number of Buildings
3
Lot Size Acres
0.3673
Lot Size Source
Assessor Auto-Fill
Covered Spaces
0.0
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* Excluded Features
List By
Alive Commercial Real Estate
Broker
imerritt@alivecre.com
Email
Affordability Calculator
- Monthly Principal & Interest
- $25,225
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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
Multi-family listings in Sacramento, CA
Average List Price
$1,057,477
Percent of Sale Price
74%
About Sacramento, CA
501,568
Population
23%
Since 2002
$
54,303
Median Income
35.68
Median Age
29%
Households with Children
Trends Information provided by ATTOM Data Solutions.
3193778
Elementary School
3193676
Middle School
Unknown High School
High School
Pricing History
| Date |
Price |
Price Change |
Description |
|
7/16/2026
|
$3,995,000
|
|
Listed Price
|