318 12th Street, Sacramento, CA 95814
Three residential units above income-producing ground floor retail/office, with garages that may support parking or future residential conversion.
- Added:
- Jun 9, 2026
- Days on Market:
- 15
- Last Refresh:
- Jun 20 at 7:37 am
Property Features for 318 12th Street
General Information
- Standard status
- Active
- Size
- 4,835 SF
- Property subtype
- Retail, Mixed Use
Building Details
- Year Built
- 1934
Listing agent Jack Scurfield License #02127988
Listing office Turton Commercial Real Estate (916) 474-5024
Listing date Jun 9, 2026
Source Crexi
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 Turton Commercial Real Estate
HighLights
- 4,835 SF mixed‑use building built in 1934 with three apartment units above income‑producing ground‑floor space.
- 1,920 SF ground‑floor retail/office space is currently occupied by seller and could be delivered vacant prior to close of escrow.
- Ground‑floor space offers flexibility for an owner‑user to occupy or for an investor to lease up for market rents.
- Two deep garages on‑site, with options to rent as‑is or convert to additional residential units.
- Located in Downtown Sacramento at 318 12th Street.
Overview
The building is positioned in the heart of Downtown Sacramento, in a walkable, amenity-rich district. This core infill setting supports day-to-day convenience for residents and provides retail/office visibility for street-level users.
As a hands-on purchase, the property fits tenants and buyers who value a building with both residential income and street-level commercial space. With the option to take the ground floor vacant or to continue operating it through the Seller’s occupancy, it can align with owner-user needs or a lease-up strategy for the retail/office portion, while the garages provide an additional asset component for parking income or reconfiguration into more residential units.
Local Financial Insights For Multifamily LT 5
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 | $124.7k | $25.80 |
| − Vacancy | −$6.9k | −$1.42 |
| EGI | $117.9k | $24.38 |
| − OpEx | −$35.4k | −$7.31 |
| NOI | $82.5k | $17.07 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Sacramento
- County
- Sacramento
- State
- California
- Longitude
- -121.48801
- Latitude
- 38.586701
