For Sale · Mixed Use / Multifamily / Retail · Sacramento, CA
1915 S St Fully Leased Midtown Mixed-Use Building
Discover a rare, turnkey investment opportunity in the heart of Midtown Sacramento.
The Property
1915 S St Sacramento, CA
Discover a rare, turnkey investment opportunity in the heart of Midtown Sacramento. Completed in 2025, 1915 S Street is a newly built, four-story mixed-use property combining six fully furnished luxury residences with a high-end, full-service restaurant and rooftop lounge. The property delivers a balanced income stream from both multifamily and commercial uses, fully stabilized under long-term leases.
Residents enjoy contemporary one-bedroom units averaging ±826 SF, each outfitted with private balconies, in-unit laundry, and secure digital entry. The street-level and rooftop spaces are leased to The Village of OM, a destination restaurant by acclaimed restaurateur Andy Nguyen—enhancing the building’s visibility and long-term value.
Set within Sacramento’s walkable S Street corridor, one block from the Ice Blocks and R Street entertainment zone, this asset places investors at the center of one of Northern California’s most dynamic urban neighborhoods.
Why this property
Investment Highlights
Dual income streams from multifamily and NNN restaurant tenants.
Four-story, ±9,687 SF building with elevator, dual stair access, and durable materials.
Six ±826 SF furnished units with private balconies, full kitchens, and in-unit laundry.
Ten-year NNN lease with The Village of OM restaurant and rooftop bar.
$340K NOI at a 5.7% cap rate ($5.95 M valuation).
Steps from the R Street Corridor, cafés, galleries, and Sacramento’s entertainment district.
Surrounded by residential density and year-round foot traffic.
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Location
1915 S St Sacramento, CA
Mixed Use / Multifamily / Retail property for sale in Sacramento, California.
- Property type
- Mixed Use, Multifamily, Retail
- Sub type
- Apartment Building, Bar, Restaurant
- Building SF
- ±9,687
- Lot size
- ±0.13 acres
- Buildings
- 1
Listing Brokers
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Tell us about your goals and timing. We will send the offering memorandum and set up a tour.
Let’s Talk
Real Estate.
(916) 932-2199
Leasing, buying, selling or management, we’re here.
Sacramento, CA 95816
Folsom, CA 95630
ROME Property Management, Inc. · CalDRE #02448712
