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10th Street

Sacramento, CA 95818
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SqFt9,600.62

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The Southsider is one of the newest and most progressive mixed-use multifamily residential and retail buildings in Sacramento. Enjoying a high visibility location along 10th Street, the Southsider is a 4-story mid-rise project comprised of 21 residential units totaling 11,979 square feet and a ground floor restaurant measuring 2,734 square feet. The Property was constructed in 2021 and is currently 100% leased at market rents. The luxury residential units feature various studio, one-bedroom, and two-bedroom units all with open floor plans, spacious living areas, ample glass, and modern kitchen and bathrooms. 17 of the 21 units feature a 30 SF usable balcony. The entire ground floor retail space was recently leased to Thai Time, a new-to-market Thai restaurant that specializes in healthy an d plant-based dishes. The retail lease is 7 years and 6 months long commencing September 1, 2023. The Southsider is being sold for $8,995,000 which equates to a 4.53% blended capitalization rate based upon actual income & OpEx. The buyer may assume the existing $5,800,000 loan, which is approx. 64% loan-to-value. The loan matures July 31, 2031 (more than 8 years left) with a current interest rate of 3.75% fixed for three more years.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $8,995,000

AD Id : 53175767

MLS Id : 223041744

Lot Size : 9,600.62 Sqft(Lot)

County : Sacramento

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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
16th Street, Sacramento, CA, 95818 $2,900,000 -- -- -- Acres (Lot)--
27 Street, Sacramento, CA, 95818 $1,750,000 -- -- -- Acres (Lot)--
Broadway, Sacramento, CA, 95818 $2,295,000 -- -- -- Acres (Lot)--
Tomato Alley, Sacramento, CA, 95818 $299,900 -- -- -- Acres (Lot)--
28th Street, Sacramento, CA, 95818 $1,495,000 -- -- 4,213 Acres (Lot)--
27th Street, Sacramento, CA, 95818 $749,000 -- -- 1,407 3,484.80 Sqft(Lot)
U Street, Sacramento, CA, 95818 $2,980,000 -- -- -- 9,583.20 Sqft(Lot)
V Street, Sacramento, CA, 95818 $1,820,000 -- -- 4,825 6,534 Sqft(Lot)
27th Street, Sacramento, CA, 95818 $799,000 -- -- 1,407 6,398.96 Sqft(Lot)
W Street, Sacramento, CA, 95818 $1,049,000 -- -- 3,097 1,437.48 Sqft(Lot)

ByOwner last updated this listing 06/09/2026 @ 11:44

MLS: 223041744 LISTED BY: Jon Lang, Ken Turton, Broker SOURCE: MLS Metrolist

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