1412 F Street
- Fourplex – 75% Two-bedroom units
- Built in 1914 with interior updates
- Garages generate additional income
- RUBS program has been implemented
- Stainless steel appliances in all units
- Wood laminate flooring throughout
- On-site laundry and street parking
- Wall heat and air conditioning
- Near Golden 1 Center and DOCO
Property Description
The subject property is a well-maintained fourplex located at 1412 F Street in Downtown Sacramento, within the desirable Mansion Flats district. Originally constructed in 1914, the property blends historic character with modern upgrades. The asset consists of four units, including three two-bedroom/one-bath units and one one-bedroom/one-bath unit. The front structure is a two-story building featuring stucco and wood-frame construction, while the rear structure is a single-story wood-frame building with wood siding. The property also includes four detached garages, currently leased for storage, providing an additional income stream. Recent interior improvements enhance the overall appeal of the units. Three units have been updated with new kitchen cabinets and countertops, and all units feature stainless steel appliances. Bathroom upgrades include modernized vanities, with three units offering tiled shower/tub combinations and one unit featuring a newly installed shower surround. Wood laminate flooring runs throughout all units, contributing to a clean, contemporary aesthetic. Tenants benefit from practical amenities, including on-site laundry facilities, wall heating and air conditioning, and gas stoves. Residents are responsible for their own gas and electricity usage, and a Ratio Utility Billing System (RUBS) has been implemented to allocate common area utility expenses efficiently. Situated just north of the California State Capitol, the property enjoys a prime urban location within close proximity to major downtown attractions, including the Golden 1 Center and Downtown Commons (DOCO). The neighborhood is known for its blend of 19th-century architecture and modern urban living, attracting a diverse tenant base of working professionals seeking a walkable lifestyle in Sacramento’s urban core. Residents enjoy convenient access to nightlife, dining, theaters, government offices, and cultural venues. The nearby Governor’s Mansion State Historic Park further enhances the neighborhood’s historic charm. Overall, this location offers immediate connectivity to the Sacramento Central Business District, making it highly desirable for both residents and investors.
Key Property Information
| Listing Status: | Sold |
|---|---|
| Sold Date: | 02-07-2026 |
| Listing Type: | Highest & best offer |
| Property Types: | Apartment Buildings |
| Price: | $1,050,000 |
| No. of Units: | 4 |
| Cap Rate: | 5.86% |
| GRM /GIM: | 13.76 |
| Year Built: | 1914 |
| Building Size: | 2,825 Sq ft |
| Lot Size: | 0.15 Acres |
| No. of Stories: | 3 |
| APN: | 002-0165-006 |
| Zoning Code: | R-3A-SPD |
| Opportunity Zone: | No |
| Price per unit: | $298,750 |
Additional contacts
| Full name | Phone number | Email address |
|---|---|---|
| Matt Sarro | 916-616-5267 | [email protected] |
| Trevor Meleski | 530-903-0959 | [email protected] |
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