Mixed-Use Office and Residential
For Sale
$3,995,000
1019-1023 H Street, Sacramento, CA 95814
Downtown Sacramento mixed-use building with ground-floor office suites and residential units at 1019–1023 H Street.
Property Size18,421 SF
Days on Market11
Property Features for 1019-1023 H Street
General Information
Standard status
Active
Size
18,421 SF
Property subtype
Multi-Family
Building Details
Building Size
18,421 SF
Listing Agency:
ALIVE Commercial Real Estate
Listed By:
Spencer Moyer · License #01940191
Source:
Commercialcafe
Added: Jul 26
Changed: Jul 27
Last Checked: Aug 4 at 2:54AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ALIVE Commercial Real Estate
Investment Insights
Based on property information with market context.
Wetzlar Square is a mixed-use property offering ground-floor office suites and residential units at 1019–1023 H Street. The office component is designed for visibility and accessibility, with proximity to downtown government and professional offices.
The property is positioned in the heart of Downtown Sacramento within walking distance of the California State Capitol, Sacramento City Hall, the U.S. District Court, county offices, and numerous state agency headquarters. This area concentration supports sustained demand from government, legal, and professional employment in the downtown core.
The mixed-use configuration provides multiple sources of demand tied to both office and residential occupancy within a walkable downtown environment.
The property is positioned in the heart of Downtown Sacramento within walking distance of the California State Capitol, Sacramento City Hall, the U.S. District Court, county offices, and numerous state agency headquarters. This area concentration supports sustained demand from government, legal, and professional employment in the downtown core.
The mixed-use configuration provides multiple sources of demand tied to both office and residential occupancy within a walkable downtown environment.
Key Highlights
- Downtown Sacramento mixed‑use building at 1019–1023 H Street
- Mixed‑use setup with ground‑floor office suites plus residential units
- Walking distance to the California State Capitol, Sacramento City Hall, and U.S. District Court
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $552.6k | $30.00 |
| − Vacancy | −$26.5k | −$1.44 |
| EGI | $526.1k | $28.56 |
| − OpEx | −$236.7k | −$12.85 |
| NOI | $289.4k | $15.71 |
18,421 SF · lease $30.00/SF/yr · vacancy 4.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$4.13M
$3.62M – $4.82M
NOI $289,357 @ 7.0% cap · market cap 7.24%
Second Best
Office B
$3.59M
$3.14M – $4.18M
NOI $250,971 @ 7.0% cap · market cap 6.28%
Theoretical Best
Specialty Retail
$4.95M
$4.33M – $5.77M
NOI $346,499 @ 7.0% cap · market cap 8.67%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
6,803
Businesses Nearby
Explore this area
Business Placement
Demographics for 95814, CA
12,208
Population
7,972
Households
1.5
Avg Household Size
38
Median Age
40%
College-Educated
90%
High-School Grad
1.4 sq mi
ZIP Area
8,720
Density / Sq Mi
$46,637
Median Household Income
$57,500
Median Earnings
$1,226
Median Rent
$621,400
Median Home Value
Market
Vacancy Rate% for Office in Sacramento, CA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Multifamily property - Downtown Sacramento mixed-use building with ground-floor office suites and residential units at 1019–1023 H Street.
Where is this multifamily property located?
The property is located at 1019-1023 H Street Sacramento, CA.
What is the asking price?
The asking price for this property is $3,995,000.
What are key features of this property?
This property features: Downtown Sacramento mixed‑use building at 1019–1023 H Street; Mixed‑use setup with ground‑floor office suites plus residential units; Walking distance to the California State Capitol, Sacramento City Hall, and U.S. District Court
