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  • $3,995,000

    1023-1019 H St, Sacramento, CA 95814

    15beds
    18,421sqft
    : 
    $26,765/mo
    Get pre-qualified
    5 or More Units
    Built in 1880
    -- sqft lot
    $3,945,000 Zestimate®
    $217/sqft
    $-- HOA

    What's special

    Historic residential gemsThree architecturally unique buildingsTimeless architectural character
    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 one 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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    Zillow last checked:

    Listing updated:

    Listed by:

    Isaac Merritt DRE #02153945 530-401-1885,

    ALIVE Commercial Real Estate

    Source: MetroList Services of CA,MLS#: 226090335Originating MLS: MetroList Services, Inc.

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 15
      • Bathrooms: 1
      • Full bathrooms: 1
      Heating
      • Electric, Wall Furnace
      Cooling
      • Wall Unit(s), Window Unit(s)
      Appliances
      • Laundry: Other
      Features
      • Flooring: Carpet, Tile, Linoleum
      • Has fireplace: No
      Interior area
      • Total structure area: 0
      • Total interior livable area: 18,421 sqft

      Property

      Parking
      • Total spaces: 20
      • Parking features: Attached, Off Street, Off Site, On Street
      • Has attached garage: Yes
      Lot
      • Size: 0.37 Acres
      • Features: Auto Sprinkler F&R
      Details
      • Parcel number: 00201540150000
      • Zoning: C-3-SP
      • Special conditions: Offer As Is

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Mid-Century,Victorian,Other
      • Property subtype: 5 or More Units
      Materials
      • Brick, Concrete, Stucco, Wood, Wood Siding, Masonite
      • Foundation: Raised, Slab
      • Roof: Shingle
      Condition
      • Year built: 1880

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Irrigation District
      • Utilities for property: Sewer Connected, City, Electric, Natural Gas Connected

      Community & HOA

      Location
      • Region: Sacramento

      Financial & listing details

      • Price per square foot: $217/sqft
      • Price range: $4M - $4M
      • Date on market: 7/16/2026
      • Income includes: Manager's Unit, Parking

        Estimated market value

        $3,945,000

        $3.75M - $4.14M

        $1,701/mo

        Price history

        DateEventPrice
        7/16/2026Listed for sale$3,995,000$217/sqft
        Source: MetroList Services of CA #226090335 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Downtown

        Getting around

        95 / 100
        Walker's Paradise
        65 / 100
        Good Transit
        99 / 100
        Biker's Paradise

        Nearby schools

        GreatSchools rating

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