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$3,995,000
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Property Description
Wetzlar Square, an exceptionally rare opportunity to acquire one of Downtown Sacramento's most distinctive mixed-use investment properties. Offered for sale for the first time since 1989, Wetzlar Square consists of three architecturally unique buildings situated on a single parcel, blending irreplaceable historic character with stable income and long-term investment potential. The property features 23 apartment units and ground-floor professional office suites, creating a diversified income stream that appeals to investors seeking both stability and future upside. Each building offers its own unique identity. 1019 H Street is a striking three-story brick apartment building showcasing timeless architectural character. 1021 H Street, originally constructed by Julius Wetzlar in 1871, is one of Downtown Sacramento's historic residential gems. Throughout its history, the building has been home to prominent Sacramento residents and preserves architectural features rarely found today, including four extraordinary residences with approximately 18-foot ceilings that create an unmatched living experience. Fronting H Street, 1023 H Street provides professional office space at street level with apartments above, creating an ideal environment for attorneys, consultants, and other professionals who benefit from the property's close proximity to the federal and county courthouses. Perfectly positioned within Sacramento's Government and Legal District, Wetzlar Square sits just moments from City Hall, the California State Capitol, the U.S. District Court, the Sacramento County Courthouse, and countless government agencies, law firms, and professional offices. The surrounding neighborhood offers an exceptional walkable lifestyle with restaurants, coffee shops, entertainment, public transportation, and the city's expanding residential and employment base all within blocks of the property. Investment opportunities of this caliber are increasingly difficult to replicate. The combination of historic architecture, multiple income sources, irreplaceable downtown location, and nearly four decades of ownership creates a compelling offering for investors seeking a landmark asset with dependable cash flow and meaningful long-term appreciation potential. Whether maintained as a stabilized mixed-use investment or enhanced through strategic renovations and operational improvements, Wetzlar Square represents a true generational acquisition in the heart of Downtown Sacramento.
Full Property Details
Full Property Details for 1019 H St
General
- Price: $3,995,000
- Status: Active
- Type: Single Family
- Source: METROLIST_Cali
- MLS ID: 226090335
- Updated: 7/16/2026
- Added to Site: 13 day(s) ago
Interior
- Interior Features: Formal Entry
- Flooring: Carpet, Tile, Linoleum
Rooms
Other Rooms
- Laundry: Other
Parking
- Total Spaces: 20
- Parking: Attached, Off-Street Parking, Offsite, Street
Location
- Area: 10814
- County: Sacramento
- Cross Streets: 10th Street
- Driving Directions: From the North (I-5 S): Head south on I-5, take the J Street exit toward downtown, merge onto J Street, turn right onto 10th Street, and turn right on H Street.From the South (I-5 N / US-50): Head north on I-5 N, take the J Street exit, drive straight on J Street, and turn right onto 10th Street. Follow up to H Street.
School Information
- School District: Sacramento
- Elem School District: Sacramento Unified
- Midd School District: Sacramento Unified
- High School District: Sacramento Unified
Heating & Cooling
- Cooling Type: Wall Unit(s), Window Unit(s)
- Heating Type: Electric, Wall Furnace
Utilities
- Sewer: Public Sewer
- Water: Irrigation District
- Utility Description: Sewer Connected, City, Electric, Natural Gas Connected
Structural Information
- Architectural Style: Mid-Century, Victorian, Other
- Construction Status: Updated/Remodeled, Varies by Unit
- Construction: Brick, Concrete, Stucco, Wood, Wood Siding, Masonry
- Basement: Yes
- Basement Desc.: Storage Area, Other
- Foundation: Raised, Slab
- Roof: Shingle
- Stories/Levels: 3
- Square Feet: 18,421
- Sq. Ft. Source: Assessor Auto-Fill
- Year Built: 1880
Unit Information
- Studio/Effic Units: 9
Unit 1
- Bedrooms: 1
Lot Features
- Property View: City, City Lights, Downtown
- Lot Size (Acres): 0.3673
- Lot Size (Sq. Ft.): 16,000
- Irrigation System: Irrigation District
- Zoning: C-3-SP
- Lot Description: Auto Sprinkler F&R
Disclosures and Reports
- Special Conditions: Offer As Is
- APN: 002-0154-015-0000
Listed by ALIVE Commercial Real Estate
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Schools
Schools serving 1019 H St
School District:Sacramento City Unified School District
| Name | Grades | Distance |
|---|---|---|
Washington Elementary 520 18th St., Sacramento, CA 95814 | K-6 | 0.6 mi |
Miwok Middle 3150 I Street, Sacramento, CA 95816 | 7-8 | 1.7 mi |
C. K. Mcclatchy High School 3066 Freeport Boulevard, Sacramento, CA 95818 | 9-12 | 2.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1019 H St
Date
Details
Price
Change
Source
7/16/2026
Listed
$3,995,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1019 H St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$22,347
—
$3,060,000
86%
2025
$22,347
4%
$1,645,288
2%
2023
$21,522
—
$1,613,029
2%
2023
$21,522
2%
$1,581,402
2%
2022
$21,141
5%
$1,550,395
2%
2021
$20,196
—
$1,519,996
1%
2020
$20,285
2%
$1,504,411
2%
2019
$19,875
3%
$1,474,914
2%
2018
$19,364
1%
$1,445,995
2%
2017
$19,086
5%
$1,417,643
2%
2016
$18,181
2%
$1,389,847
2%
2015
$17,900
2%
$1,368,971
2%
2014
$17,467
1%
$1,342,155
—
2013
$17,342
—
$1,336,091
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1019 H St
1019 H Street, Sacramento, CA 95814 (MLS# 226090335) is a Single Family property with 0 bedrooms and 0 full bathrooms. 1019 H Street is currently listed for $3,995,000 and was received on July 16, 2026. Want to learn more about 1019 H Street? Do you have questions about finding other Single Family real estate for sale in Sacramento Downtown? You can browse all Sacramento Downtown real estate or contact a Coldwell Banker agent to request more information.

