524-530 12th Street is a beautifully appointed, 9,208-square-foot mixed-use asset ideally located in Downtown Sacramento's Alkali Flats neighborhood. Constructed in 1890 on a premier 0.15-acre parcel and fully renovated in 2007, the property features three retail spaces on the first floor and seven multi-family units on the second floor. All three commercial spaces are leased to internet-resistant tenants, including a boutique spa and salon, a Thai food restaurant, and a holistic skincare salon, providing excellent synergy with the residential tenants. The multi-family portion of the property extends a secure, private entrance for residents. Each meticulously designed unit offers one-bedroom and one-bathroom and is equipped with new maple cabinets, stainless steel appliances, laminate floors, and giant bay windows facing 12th Street and F Street. 524-530 12th Street presents a prime investment opportunity for a new owner to benefit from a completely remodeled asset with historically strong occupancy. Value-add potential exists through future rent escalations upon lease expirations. Approximately 58% of households are renter occupied, and 65% of households are one- and two-person occupied, signifying strong residential demand for small rental units in the immediate area.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.