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1915 S St 6 Unit Apartment Building $8,301,440 CAD ($1,383,573 CAD/Unit) 5.70% Cap Rate Sacramento, CA 95811

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INVESTMENT HIGHLIGHTS

  • 100% Leased Investment – Fully stabilized asset with both NNN commercial and furnished multifamily income.
  • Luxury Residential Component – Six one-bedroom units averaging ±826 SF, each fully furnished with in-unit laundry, private balconies, and digital acce
  • Strong Income Performance – $338,688 NOI (5.7% Cap Rate) with scheduled rent growth and CAM recoveries.
  • New Construction (2025) – Four-story mixed-use building totaling ±9,687 SF with elevator and dual stair access.
  • Commercial Component – ±4,730 SF full-service restaurant and rooftop bar leased to established operator The Village of OM under a 10-year NNN lease.
  • Modern Amenities – Controlled entry, elevator, tenant HVAC control, private storage, and secured access throughout.

EXECUTIVE SUMMARY

An exceptional opportunity to acquire a fully stabilized, newly constructed mixed-use asset in the heart of Midtown Sacramento. Completed in 2025, 1915 S Street offers investors a turnkey four-story property blending high-end multifamily and commercial uses under one roof. The building is 100% leased—anchored by The Village of OM, a long-term NNN tenant operating a destination restaurant and rooftop lounge, complemented by six furnished luxury apartments generating consistent residential income.
Positioned just steps from the R Street Corridor and The Ice Blocks, this location benefits from one of Sacramento’s most desirable pedestrian and entertainment environments. With new construction, modern finishes, and dual income streams, this property represents a low-maintenance, yield-driven investment in Sacramento’s most vibrant live-work district.

PROPERTY FACTS

Price $8,301,440 CAD
Price Per Unit $1,383,573 CAD
Sale Type Investment
Cap Rate 5.70%
No. Units 6
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
Apartment Style Mid-Rise
Building Class B
Lot Size 0.13 AC
Building Size 9,687 SF
Average Occupancy 100%
No. Stories 4
Year Built 2025
Zoning C-2-SP

AMENITIES

UNIT AMENITIES

  • Balcony
  • Washer/Dryer
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Freezer

SITE AMENITIES

  • 24 Hour Access
  • Controlled Access
  • Elevator
Walk Score®
Walker's Paradise (91)
Bike Score®
Biker's Paradise (99)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
010-0023-007
Land Assessment
$698,497 CAD
Improvements Assessment
$4,046,080 CAD
Total Assessment
$4,744,577 CAD
  • Listing ID: 38257649

  • Date on Market: 2025-10-30

  • Last Updated:

  • Address: 1915 S St, Sacramento, CA 95811

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