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1111-1123 D St 4,613 SF Specialty Building Offered at $1,000,000 in Sacramento, CA 95814
Investment Highlights
- Prime downtown investment opportunity!
- Lot split possible to develop more units.
- Close to the upcoming Railyards.
- Endless possibilities! Use as office, multi-family, single family, or single family with ADU!
Executive Summary
Rare Historic Gem in the Heart of Downtown Sacramento - 1860 built Former Schoolhouse Ready for Reimagined Living. Step into a piece of Sacramento's storied past with this exceptional 1860-built former schoolhouse, nestled in the vibrant core of Downtown Sacramento. Offering timeless historical charm with its original character: high ceilings, classic architectural details, and the enduring appeal of mid-19th-century craftsmanship. Featuring three stories and more than 4,600 square feet of interior space on a huge 0.3 acre lot (one of the largest in the area). This large lot provides rare outdoor potential, breathing room amid urban density, and significant development upside. Zoned as flexible C-2 (general commercial), this property is versatile for today's buyers. Envision transforming it into a stunning single-family residence (SFR) with a spacious downstairs accessory dwelling unit (ADU) for multigenerational living, rental income, or guest quarters. Alternatively, capitalize on the three distinct floors and separate entrances to create a tri-plex, ideal for income generation, short-term rentals, or a live/work setup in one of Sacramento's most walkable, amenity-rich neighborhoods. The generously sized lot also presents strong potential for a lot split ,opening doors to further development opportunities: mixed-use projects, additional unit(s) (subject to city approval). Whether you're an investor seeking strong rental potential and development upside, a developer looking for a mixed-use project, or a visionary homeowner wanting a one-of-a-kind downtown residence with history and flexibility, this rare opportunity won't last!
Property Facts
Amenities
- Air Conditioning
- Smoke Detector
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Walk Score®
Very Walkable (89)
Bike Score®
Biker's Paradise (100)
Property Taxes
| Parcel Number | 002-0075-026 | Improvements Assessment | $115,048 |
| Land Assessment | $360,900 | Total Assessment | $475,948 |
Property Taxes
Parcel Number
002-0075-026
Land Assessment
$360,900
Improvements Assessment
$115,048
Total Assessment
$475,948
Contacts
-
Diamond Star Real Estate Group Scott Patel -
Florence Real Estate Chris Firenze - Diamond Star Real Estate Group
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Diamond Star Real Estate Group
1111-1123 D St
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