318 12th Street, Sacramento, CA 95814
- $995,000
- 4,835
- SqFt
- List Price
- $995,000
- MLS#
- 226118702
- Status
- ACTIVE
- Living Sq. Ft
- 4,835
- Square Footage
- 4835
- Type
- Single Family Residential
- Zip
- 95814
- City
- Sacramento
Property Description
Exceptional mixed-use investment and owner-user opportunity in the heart of Downtown Sacramento. The approximately 4,835-square-foot building offers a unique combination of commercial and residential income, with additional upside through the potential conversion of existing garage units. The ground floor office features approximately 1,920 square feet with 3 private offices, open workspace, and a bathroom. The ground floor is available for occupancy upon close of escrow, or, the Seller is willing to lease back the ground-floor office which, if rented for $2 per square foot, would provide an additional $3,840 per month in rental income (subject to negotiated lease terms). The property currently generates $4,267 per month in rental income from three leased apartment units and one garage unit. The residential mix includes one 2-bedroom/1-bathroom unit and two 1-bedroom/1-bathroom units. With a Seller leaseback of the ground-floor office at $2.00/SF, gross monthly income would increase to approximately $8,107 per month. The property two tandem-size garage stalls offer potential for conversion to additional residential units, including studio or 1-bedroom configurations, creating an opportunity to increase the property's income-producing potential. With a versatile mix of commercial and residential uses, established rental income, flexible owner-user options, and potential for future value-add improvements, 318 12th Street presents a compelling opportunity in Downtown Sacramento.
Additional Information
- Land Area (Acres)
- 0.07350000000000001
- Year Built
- 1934
- Subtype
- Other
- Subtype Description
- Mixed Use
- Construction
- Brick, Concrete, Wood
- Foundation
- See Remarks
- Garage Spaces
- 2
- Garage
- Garage
- Floor Coverings
- Carpet, Luxury Vinyl Plank
- Laundry Description
- Other
- Cooling
- Central
- Heat
- Central
- Water
- Public
- Utilities
- Other
- Sewer
- Public Sewer
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Listing courtesy of Ken Turton, Broker.
All measurements and all calculations of area (i.e., Sq Ft and Acreage) are approximate. Broker has represented to MetroList that Broker has a valid listing signed by seller authorizing placement in the MLS. Above information is provided by Seller and/or other sources and has not been verified by Broker. Copyright 2026 MetroList Services, Inc. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of MetroList® MLS. All information has been provided by seller/other sources and has not been verified by broker. All interested persons should independently verify the accuracy of all information. Last updated .