500 N Street 1607, Sacramento, CA 95814, Sacramento, 95814 - 2 bed, 2 bath

500 N Street 1607, Sacramento, CA 95814 home-pic-0

500 N Street 1607

Sacramento, CA 95814

ACTIVE
CONDITION: GOOD
2Beds
2Baths
1,261Sq Ft
54,929,160Lot Size

Property Price

LIST PRICE$540,000

SUMMARY

Analysis of 500 N Street 1607, Sacramento, CA 95814 is currently available with a list price of $540,000. 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 1981 penthouse is in move-in ready condition with significant recent cosmetic updates. The unit features updated flooring throughout, fresh paint, and a new stainless steel stove. The kitchen and bathrooms have been modernized with contemporary vanities and stone countertops. While the building is over 40 years old, the interior of the unit has been well-maintained and refreshed within the last few years, meeting the criteria for a 'good' rating as it requires no immediate renovation.

PROSSTRENGTHS & OPPORTUNITIES

  • Penthouse Views & Natural Light

    As a top-floor corner unit, this penthouse features floor-to-ceiling windows and an additional west-facing window, providing iconic views of the State Capitol and downtown skyline alongside abundant natural light.

  • Expansive Private Balcony

    The property boasts a rare, full-length private balcony accessible from both the living area and bedrooms, offering significant outdoor living space that is highly coveted in an urban high-rise setting.

  • Prime Urban Walkability

    Located in the heart of Downtown Sacramento, the residence is within a mile of the Golden 1 Center, Capitol Mall, and the riverfront, offering unparalleled access to premier dining, entertainment, and transit.

CONSRISKS & DEFICIENCIES

  • Building Age

    Constructed in 1981, the building may lack the modern energy efficiencies and contemporary architectural aesthetics found in newer luxury developments within the downtown core.

  • High Association Fees

    The monthly association fee of $547 represents a significant recurring cost that may impact the overall affordability and debt-to-income ratio for some prospective buyers.

About 500 N Street 1607

Penthouse living in the heart of Downtown Sacramento. Perched on the top floor, this corner penthouse offers sweeping city and treetop views with an expansive private balcony that spans the length of the unit accessible from the living area and both bedrooms. From this elevated vantage point, enjoy morning light, glowing city evenings, and long-range views. The corner location provides an extra west-facing window that opens, creating excellent natural light and cross-breezes throughout the home. Beautiful flooring and an open living space frame iconic sight lines, including views toward the Capitol and downtown skyline, making this residence feel airy, calm, and distinctly above it all. This 2 bed, 2 bath includes floor-to-ceiling windows, Updated flooring, paint, new stove,a stacked laundry unit, and secure underground parking with EV access.Private amenities include a swimming pool and spa, gym, secured entrance. Within one mile, there are dozens of restaurants, breweries, museums, art galleries, parks, shopping, light rail transit, and the riverfront! Just minutes away are NBA basketball, concerts, and other events at the Golden 1 Center, minor league baseball at the River Cats' stadium, outdoor festivals along Capitol Mall, and historic Old Sacramento. Whether you're enjoying a quiet morning coffee above the trees or an evening glass of wine with city lights as your backdrop, this penthouse delivers a rare combination of top-floor privacy, iconic views, and an unbeatable downtown location. Photos have been digitally altered with furniture.

Property Details

Public Facts

Property Type
Condominium
Year Built
1981
Lot Size
54,929,160 Sq. Ft.

Interior

Total Bedrooms
2
Total Bathrooms
2 (2 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$547 / Month

Neighborhood Insights

Sacramento Unified Schools

William Land Elementary School

Grades K-6 • 0.7 mi

6/10

Washington Elementary School

Grades K-6 • 1.2 mi

/10

Bryte Elementary School

Grades K-2 • 2.3 mi

/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds2.02.0
50%
Baths2.02.0
50%
Square foot1,2611,261
50%
Lot Size54,929,160-
92%
Price$540.0K$370.0K
77%
Price per sq ft$428$428
50%
Built year19811981
50%
HOA$547$547
50%
Days on market64121
15%

Pricing History

Listed for Sale

Jan 2, 2026

$540,000

Initial Listing

Sold

Aug 17, 2005

$395,000

Public Record

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