
Sacramento, CA 95811
This Historic 1900-Built Residence is a Strong Value Opportunity, listed at $685,000—positioned well below the $736,859 Fair Market Value by 7%. This valuation gap provides $51,859 in Instant Equity for buyers prepared to restore its residential functionality. Currently configured as an office with a Condition Rating of 4, the property features a private patio and unique architectural charm just blocks from the State Capitol. With significant upside through kitchen and bathroom updates, this is a premier acquisition for Value-Add Investors or Owner-Occupants seeking a versatile live/work environment.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1823 11th Street Subject | $685,000* List Price | 0 | 0 | 1,792 | $411 | - |
A 1823 11th Street Active | $695,000 List Price | 0 | 0 | 1,792 | $388 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
This 1900-built historic property is currently configured as an office and requires restoration to function as a residence. While the exterior and major systems like HVAC appear well-maintained, the interior features commercial-grade finishes such as industrial carpeting and fluorescent lighting. The kitchen is currently a basic breakroom, and the bathroom is utility-focused, meaning significant updates are needed to meet modern residential standards.
Situated just blocks from the State Capitol and near light rail, this property offers exceptional accessibility and high walkability in the heart of downtown Sacramento.
Built in 1900 and recognized as a contributing structure in the historic register, the property features unique architectural charm and character that is highly sought after.
Currently configured as an office but zoned as residential, the property provides a rare opportunity for a professional to establish a seamless live/work environment.
As the building is currently used as an office, converting it back into a functional residence will likely require significant capital investment for kitchen and bathroom installations.
Being on the historic register may subject the owner to strict renovation guidelines and more expensive material requirements for any exterior repairs or modifications.
Work from home? Restore this property back into a home and have your business here too! The property at 1823 11th Street in Sacramento, CA, is a converted residence now used as an office building. Situated in the heart of Sacramento, the location offers a range of amenities and conveniences. Just blocks away from State Capitol, and light rail is nearby which makes commuting easy within the city. The property is recognized as a contributing structure in Sacramento's historic register, adding unique charm & character. Come see this home today.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 3.0 | 9% |
| Baths | 0.0 | 3.0 | 9% |
| Square foot | 1,792 | 1,788 | 55% |
| Lot Size | 3,202 | 2,348 | 64% |
| Price | $685.0K | $777.0K | 36% |
| Price per sq ft | $382 | $392 | 36% |
| Built year | 1900 | 2000 | 27% |
| HOA | $0 | $0 | 50% |
| Days on market | 20 | 139 | 9% |
Apr 2, 2026
$685,000
Initial Listing