Active

605 15th Street

Sacramento, CA 95814
Mark as Favorite
Acres

Acres (Lot)

--

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.

Read More Expand

Detail Ic Property Details

Property Type : Residential Income

Price : $1,895,000

AD Id : 68610926

MLS Id : 225142602

County : Sacramento

  • Map Map

Map

Feature Features

  • Water/Sewer

    Sewer: Public Sewer
  • Flooring Information

    Tile, Vinyl, Wood
  • Roofing Information

    Flat
  • Interior Features

    Roof: Flat Appliances: Built-In Electric Oven, Gas Cook Top, Built-In Refrigerator, Dishwasher Laundry Features: Washer/Dryer Leased, Varies by Unit, Washer/Dryer Hookups
  • Heating & Cooling

    Heating: Separate Cooling: Ceiling Fan(s), Separate WaterSource: Public

  • Building Information

    Year Built: 1920 Stories: 2 Construction Materials: Brick, Concrete, Masonry Roof: Flat Foundation Details: Concrete
  • Exterior Features

    Foundation Details: Concrete
    Porch: Balcony/Deck
  • Laundry Features

    Washer/Dryer Leased, Varies by Unit, Washer/Dryer Hookups

    Patio And Porch

    Balcony/Deck

  • Lot Information

    Lot Description: Corner, Sidewalk Lot Square Feet: 6,098 Stories: 2

    Property Information

    Property Type: Residential Income Sub Type: Other Style: Mid-Century Construction Materials: Brick,Concrete,Masonry Property Age: 106 Cross Street: F Street Source Neighborhood: 10814 Area: Sacramento S: 95814 Zoning: C2 Living Area Source: Assessor Agent-Fill Structure Type: Mixed Use

    Farm Info

    Irrigation Source: Public District

  • Listing Price Information

    Listing Id: 225142602 List Price: $1,895,000

  • Tax Information

    Parcel Number: 002-0171-002

  • Parking Information

    Parking Total: 5 Street, Uncovered

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

    City
  • Location Information

    Direction: On the corner of F and 15th Street in the Alkali Flat neighborhood that borders Midtown and Downtown Sacramento.
Sell a home like this and save $113,201 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
G Street, Sacramento, CA, 95814 $1,590,000 -- -- 5,826 Acres (Lot)--
E, Sacramento, CA, 95814 $1,975,000 -- -- 5,000 Acres (Lot)--
1318 Chinatown Alley, Sacramento, CA, 95814 $550,000 -- -- -- Acres (Lot)--

ByOwner last updated this listing 06/16/2026 @ 09:30

MLS: 225142602 LISTED BY: James Nabers, Ken Turton, Broker SOURCE: MLS Metrolist

Selling? Save $113,201 when you sell a home like this

Tour with a ByOwner Agent