2628 G Street, Sacramento, CA 95816, Sacramento, 95816 - 4 bed, 4 bath

2628 G Street, Sacramento, CA 95816 home-pic-0

2628 G Street

Sacramento, CA 95816

ACTIVE
CONDITION: GOOD
4Beds
4Baths
Sq Ft
3,049Lot Size

Property Price

LIST PRICE$949,000

SUMMARY

Analysis of 2628 G Street, Sacramento, CA 95816 is currently available with a list price of $949,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Sacramento Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

This Victorian triplex, built in 1893, is remarkably well-maintained and has undergone significant updates, making it move-in ready. The description highlights 'updated kitchens' and 'modernized bathrooms' across units. Images confirm clean, functional spaces with a mix of charming original features (like the clawfoot tub and high-tank toilet in one upstairs bath) and contemporary updates (like the tiled shower in another, and the laminate flooring and simpler kitchens in the lower units). While some appliances in the main kitchen appear older, they are functional, and the overall condition of flooring, paint, and fixtures is very good. It doesn't meet the 'Excellent' criteria due to the age of some components and the blend of styles, but it far exceeds 'Fair' as it requires no immediate major renovations and is clearly well-cared for.

PROSSTRENGTHS & OPPORTUNITIES

  • Prime Midtown Location

    The property boasts a prime Midtown Sacramento location, offering excellent walkability to McKinley Park, dining, cafes, and transit, which is highly attractive to potential tenants.

  • Immediate Income Potential & 1031 Exchange Suitability

    With two vacant units, the triplex offers immediate flexibility for a new owner to set market rents, select tenants, or pursue short-term rental strategies, making it ideal for a year-end 1031 exchange.

  • Victorian Charm & Well-Maintained Condition

    The property is a well-maintained Victorian-style triplex, suggesting good curb appeal, historic character, and a reduced likelihood of immediate major repairs due to neglect.

CONSRISKS & DEFICIENCIES

  • Property Age

    Built in 1893, the property's age, despite being well-maintained, may present future maintenance challenges or require updates to older systems (e.g., plumbing, electrical) not explicitly detailed in the listing.

  • Recent Price Adjustment

    A recent price drop from $995,000 to $949,000 could indicate that the initial asking price was too high or that market interest has been softer than anticipated, potentially affecting perceived value.

  • Uncertainty of Advanced Investment Strategies

    While promoted for short-term rentals and tax strategies (cost segregation), the listing explicitly states 'buyer to verify local regulations' and 'with tax and permitting professionals,' implying potential complexities or lack of guaranteed eligibility for these advanced strategies.

About 2628 G Street

Investor-Focused Midtown Triplex Ideal for Year-End 1031 Exchange Well-maintained Victorian-style triplex in a prime Midtown location, offering immediate flexibility with two vacant units a valuable advantage for buyers aiming to complete a 1031 Exchange before year-end. Vacant units allow for quick lease-up or potential short-term rental use (buyer to verify local regulations). Two vacant units may support streamlined timing for exchange buyers needing rapid occupancy or lease-up. The configuration and updates may also appeal to investors evaluating cost segregation studies, accelerated depreciation strategies, or short-term rental operation (buyer to verify with tax and permitting professionals). The upstairs unit includes hard rock maple flooring, a walk-in closet, a master bath with soaking tub and cathedral ceilings, plus an in-unit washer and dryer. The two lower units feature updated kitchens, modernized bathrooms, and shared washer/dryer access (buyer to verify). Efficient layouts support strong rental performance for long-term or short-term stays (buyer to verify). Additional amenities include off-street tandem parking for up to three vehicles, walkability to McKinley Park, and easy access to Midtown dining, cafs, and transit.

Property Details

Public Facts

Property Type
Triplex
Year Built
1893
Lot Size
3,049 Sq. Ft.

Interior

Total Bedrooms
4
Total Bathrooms
4 (4 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Sacramento Unified Schools

Washington Elementary School

Grades K-6 • 0.7 mi

/10

David Lubin Elementary School

Grades K-6 • 0.8 mi

6/10

Theodore Judah Elementary School

Grades K-6 • 1.0 mi

7/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.04.0
50%
Baths4.04.0
50%
Square foot-1,626
22%
Lot Size3,0494,792
22%
Price$949.0K$1.02M
44%
Price per sq ft$0$446
22%
Built year18931920
11%
HOA$0$0
50%
Days on market385249
89%

Pricing History

Listed for Sale

Jan 12, 2026

$949,000

$995,000

-5% Price Drop

Initial Listing

Price Change

Feb 15, 2025

$995,000

Initial Listing

Sold

Apr 8, 2013

$477,000

Public Record

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