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1023 H Street

Sacramento, CA 95814
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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 on e 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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Detail Ic Property Details

Property Type : Residential Income

Price : $3,995,000

AD Id : 88113962

MLS Id : 226090335

Living Area Size : 18,421

Year Built : 1880

County : Sacramento

  • Map Map

Map

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Feature Features

  • Water/Sewer

    Sewer: Public Sewer
  • Flooring Information

    Carpet, Tile, Linoleum
  • Roofing Information

    Shingle
  • Interior Features

    Formal Entry Roof: Shingle Laundry Features: Other
  • Heating & Cooling

    Heating: Electric, Wall Furnace Cooling: Wall Unit(s), Window Unit(s) WaterSource: Irrigation District

  • Building Information

    Year Built: 1880 Stories: 3 Construction Materials: Brick, Concrete, Stucco, Wood, Wood Siding, Masonry Basement: Storage Area,Other Roof: Shingle Foundation Details: Raised, Slab
  • Exterior Features

    Foundation Details: Raised, Slab
  • Laundry Features

    Other

  • Lot Information

    Lot Description: Auto Sprinkler F&R Lot Square Feet: 16,000 Stories: 3 Main Square Feet: 18,421

    Property Information

    Property Type: Residential Income Sub Type: 5 or More Units Style: Mid-Century,Victorian,Other SQ ft (Living Area): 18,421 Construction Materials: Brick,Concrete,Stucco,Wood,Wood Siding,Masonry Property Age: 146 Cross Street: 10th Street Source Neighborhood: 10814 Area: Sacramento S: 95814 Zoning: C-3-SP Living Area Source: Assessor Auto-Fill Structure Type: Apartments,Mixed Use

    Farm Info

    Irrigation Source: Irrigation District

  • Listing Price Information

    Listing Id: 226090335 List Price: $3,995,000 List Price Tot SqFt: $217

  • Tax Information

    Parcel Number: 002-0154-015-0000

  • Parking Information

    Parking Total: 20 Attached, Off Street, Offsite, Street

  • Elementary School District: Sacramento Unified
    Junior High School District: Sacramento Unified
    Senior High School District: Sacramento Unified
  • Utility Information

    Sewer Connected, City, Electric, Natural Gas Connected
  • Location Information

    Direction: 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 on I-5 N, take the J Street exit, drive straight on J Street, and turn right onto 10th Street. Follow up to H Street.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
Chinatown Alley, Sacramento, CA, 95814 $710,900 2 2 1,399 1,399 SqFt
11th Street, Sacramento, CA, 95814 $1,050,000 5 2 3,901 3,901 SqFt
D Street, Sacramento, CA, 95814 $1,149,000 4 4 3,293 3,293 SqFt
F Street, Sacramento, CA, 95814 $2,750,000 -- -- 7,524 7,524 SqFt
H Street, Sacramento, CA, 95814 $3,550,000 -- -- --
D Street, Sacramento, CA, 95814 $1,000,000 3 4 4,613 4,613 SqFt
E, Sacramento, CA, 95814 $1,975,000 -- -- 5,000 5,000 SqFt
D Street, Sacramento, CA, 95814 $799,000 3 4 2,309 2,309 SqFt
D Street, Sacramento, CA, 95814 $593,200 2 1 1,006 1,006 SqFt
G Street, Sacramento, CA, 95814 $1,075,000 4 4 3,496 3,496 SqFt

ByOwner last updated this listing 07/22/2026 @ 19:40

MLS: 226090335 LISTED BY: Isaac Merritt, ALIVE Commercial Real Estate SOURCE: MLS Metrolist

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