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601 15th Street, 
Sacramento, CA 95814

$1,895,000


Bed


Bath


-

Sq Ft


Multi-Family

Active

Listed by

James Nabers

Ken Turton, Broker

Last updated:

November 19, 2025, 05:55 PM

MLS#

225142602

Source:

MFMLS

About This Home

601 15th Street

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.

Home Facts

Multi-Family

Built in 1920

Price Summary

1,895,000

MLS #:

225142602

Last Updated:

November 19, 2025, 05:55 PM


Structure

Structure

Year Built:

1920


Lot

Lot Size (Sq. Ft):

6,098


Finances & Disclosures

Finances

Price:

$1,895,000

MLS Logo
MetroList MLS 2025. This information is being provided by MetroList MLS. All measurements and calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data Updated: November 19, 2025. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Any offer of compensation is made only to Participants of MLS where the subject listing is filed and in accordance with such MLS's regulations or rules.

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