1505 E ST, Sacramento, CA 95814
1505 E ST, Sacramento, CA 95814
1505 E ST, Sacramento, CA 95814
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$798,000
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2,336 SqFt
Price Dropped by $50K

1505 E ST Sacramento, CA 95814

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C Ray Brower

C Ray Brower

+1(209) 418-0238

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Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,336 sqft

Price per Sqft $341

MLS Listing ID 226036269

HOA Y/N No

Year Built 1900

Lot Size 3049.000 Acres

Acres 0.07

Property Sub-Type Triplex

Source MLS Metrolist

Property Description

Historic triplex opportunity in Sacramento's desirable Mansion Flats. Built in 1900, this classic property showcases timeless architectural character including high ceilings, original built-ins and vintage detailing that reflect the charm of early Sacramento homes. The property features three units, with two currently occupied and one vacant, offering immediate income with the potential to increase rents and add value over time. When fully occupied, the property generates approximately $5,000 per month in rental income. It's ideal for local investors, 1031 exchange buyers or someone who wants to rent two units and live in one. Located in the heart of downtown Sacramento, the home sits near restaurants, coffee shops, nightlife, and the vibrant downtown core, making it an attractive location for tenants seeking walkability and urban convenience. This historic property presents a value-add opportunity for investors looking to restore and improve a classic Sacramento triplex. With some deferred maintenance and cosmetic updates, the property offers significant upside while preserving its historic charm. A rare chance to own a turn-of-the-century income property in one of Sacramento's most character-rich neighborhoods.

Location

State CA

County Sacramento

Area 10814

Direction North on 16th Street and then west on E Street

Rooms

Other Rooms Unit-1 Bedrooms: 1 Full Baths: 1 Total Rooms: 1 Occupancy: Tenant Rent: 1425 Unit-2 Bedrooms: 1 Full Baths: 1 Occupancy: Vacant Rent: 1475 Unit-3 Bedrooms: 2 Full Baths: 1 Occupancy: Tenant Rent: 2195

Interior

Heating Central, Wall Furnace, Varies by Unit

Cooling Ceiling Fan(s), Central, Window Unit(s), Varies by Unit

Flooring Other

Window Features Dual Pane Partial

Appliance Free Standing Gas Oven, Free Standing Refrigerator, Dishwasher

Laundry In Each Unit

Exterior

Exterior Feature Fenced Yard

Parking Features Attached, Varies by Unit

Utilities Available Cable Available, Sewer Connected, Internet Available

Water Access Desc Public

View Downtown

Roof Type Composition

Topography Level

Porch Covered Deck, Uncovered Patio

Total Parking Spaces 3

Building

Lot Description Shape Regular, Curbs/Gutters, Sidewalk, Landscape Front

Story 2

Foundation Raised

Sewer Public Sewer

Water Public

Architectural Style Bungalow

Level or Stories Two

Schools

Elementary Schools Sacramento Unified

Middle Schools Sacramento Unified

High Schools Sacramento Unified

School District Sacramento

Others

Senior Community No

Tax ID 002-0131-019-0000

Special Listing Condition None

MetroList® Services, Inc
Listed by Windermere Signature Properties Downtown

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I’ve had the pleasure of knowing C Ray now for years in both professional and personal relationships. C Ray has always exhibited a positive, professional outlook in all of our interactions, in a variety of situations. His ability to listen to our needs and wants, compare that with opportunities available on the market and show us appropriate properties, in our price range that met our vision. We are extremely excited about the home we chose and even though there were some challenges, both personal and professional in each of our lives, he stayed engaged with all parties and we closed the deal on time. You won’t go wrong if you partner with C Ray in the pursuit of finding your new home. His life experience and desire to fulfill your needs are always his first priority

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C Ray Brower

C Ray Brower

Broker Associate | License ID: 01969248

+1(209) 418-0238

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1505 E ST