- For Sale $3,995,000
- Property Type Multi-Family
- Property Size 18,421 SF
- Units 29
- Lot Size 0.37 Acre
- Date Updated Aug 3, 2026
Description
Wetzlar Square is strategically positioned in the heart of Downtown Sacramento, one of Northern California's most stable and resilient employment centers. Located within walking distance of the California State Capitol, Sacramento City Hall, the U.S. District Court, County offices, and numerous state agency headquarters, the property benefits from a concentration of government, legal, and professional employment that serves as a consistent driver of housing and commercial space demand.
As the seat of California's state government, Sacramento enjoys an employment base that is less susceptible to economic volatility than many private-sector-driven markets. Thousands of state, federal, county, and municipal employees commute to the downtown core each day, creating a deep pool of potential residents and office users seeking proximity to work, public transit, and urban amenities. This institutional employment presence provides a level of economic stability that supports long-term occupancy and rental demand.
In addition to its government employment base, Downtown Sacramento has experienced significant investment and revitalization over the past decade. The area continues to attract new restaurants, retail establishments, entertainment venues, and residential development, enhancing its appeal as a live-work-play destination. Nearby amenities such as the California State Capitol, Golden 1 Center, Downtown Commons (DOCO), the Convention Center, and the city's extensive public transportation network contribute to the neighborhood's growing desirability.
From a residential perspective, Wetzlar Square offers tenants the increasingly sought-after lifestyle of living within walking distance of employment centers, dining, entertainment, and daily conveniences. As housing affordability challenges persist throughout Northern California, centrally located rental housing near major employment hubs remains well-positioned to maintain strong demand and occupancy.
The property's mixed-use nature further strengthens its investment profile. The ground-floor office suites benefit from visibility, accessibility, and proximity to government agencies, courts, law firms, consultants, and other professional service providers that value a downtown presence. This creates multiple sources of demand and diversifies income streams, helping mitigate risk across market cycles.
With its location in Sacramento's governmental, legal, and business core, Wetzlar Square is positioned to benefit from enduring employment drivers, limited barriers to entry for comparable historic mixed-use assets, and the continued evolution of Downtown Sacramento as the region's premier urban center. The combination of stable demand generators, walkability, and diversified tenancy supports long-term occupancy and income durability for investors.
Highlights
- 23 Multifamily Units + 6 Professional Office Suites.
- Diversified Mixed-Use Income Stream with Stable, Historically High Occupancy.
- Irreplaceable Historic Asset with Architectural Character in a Premier Downtown Sacramento Location.
- Long-Term Value-Add & Wealth Preservation Opportunity Through Operational Efficiency.
- Pride of Ownership & First Time Offered Nearly 40 Years.
False
Contacts
Spencer Moyer
ALIVE Commercial Real Estate
Location
Located at 1019-1023 H Street, Sacramento, CA 95814, this property is part of the Southern Pacific - Richards neighborhood and Sacramento market.
Contact Listing Broker
Spencer Moyer
ALIVE Commercial Real Estate