816 Alhambra Blvd, Sacramento, CA 95816, Sacramento, 95816 - 2 bed, 2 bath
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816 Alhambra Blvd
Sacramento, CA 95816
ACTIVE
CONDITION: GOOD
2Beds
2Baths
1,559Sq Ft
3,202Lot Size
Property Price
LIST PRICE$899,000
EST. MARKET VALUE
$822,117
9% AboveMARKET VALUE
SUMMARY
This Historic Live/Work Residence represents a unique High-Potential Investment Opportunity, listed at $929,000—positioned above the $790,515 Fair Market Value. While the list price exceeds the current estimation, the property’s C-2 SP Zoning and prime location across from McKinley Park provide significant commercial visibility and utility. Featuring an Condition Rating of 3, the home retains original hardwood floors and plaster finishes. This versatile asset is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a prestigious Midtown professional office and residence.
Estimated Market Value
$822,117
Based on Realkey algorithm analyzing recent comparable sales in Sacramento.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 816 Alhambra Blvd Subject 2 bd · 2 ba · 1,559 sqft · $527 | $899,000* List Price | 2 | 2 | 1,559 | $527 | - |
A 2604 S Street Sold 3 bd · 2 ba · 1,244 sqft · $563 · 0.9 mi | $700,000 | 3 | 2 | 1,244 | $563 | 0.9 mi |
B 1026 37th Street Sold 2 bd · 2 ba · 1,454 sqft · $447 · 0.5 mi | $650,000 | 2 | 2 | 1,454 | $447 | 0.5 mi |
C 3567 D Street Sold 3 bd · 2 ba · 1,443 sqft · $554 · 0.6 mi | $799,000 | 3 | 2 | 1,443 | $554 | 0.6 mi |
D 3593 Forney Way Sold 3 bd · 3 ba · 1,540 sqft · $462 · 1.0 mi | $711,500 | 3 | 3 | 1,540 | $462 | 1.0 mi |
E 1124 34th Street Sold 2 bd · 1 ba · 1,026 sqft · $638 · 0.3 mi | $655,000 | 2 | 1 | 1,026 | $638 | 0.3 mi |
F 1009 Dolores Way Sold 3 bd · 2 ba · 1,351 sqft · $666 · 0.5 mi | $900,000 | 3 | 2 | 1,351 | $666 | 0.5 mi |
G 1035 34th Street Sold 3 bd · 1 ba · 1,050 sqft · $652 · 0.3 mi | $685,000 | 3 | 1 | 1,050 | $652 | 0.3 mi |
H 3146 Dullanty Way Sold 3 bd · 4 ba · 1,911 sqft · $474 · 0.6 mi | $906,000 | 3 | 4 | 1,911 | $474 | 0.6 mi |
I 1552 34th Street Active 3 bd · 2 ba · 1,714 sqft · $467 · 0.6 mi | $800,000 List Price | 3 | 2 | 1,714 | $467 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
While the structure is over 100 years old, the property is well-maintained and move-in ready following recent updates. The interior features refinished original hardwood floors, fresh paint, and preserved historic plaster work. Although wall vents suggest older heating systems rather than modern central HVAC, the overall condition is functional and aesthetic for its dual residential/commercial use.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Midtown Location
Situated directly across from McKinley Park in the heart of Midtown, this property offers unparalleled visibility and prestige in one of Sacramento's most sought-after neighborhoods.
- Versatile Live/Work Zoning
The C-2 SP zoning allows for a unique blend of residential and commercial use, providing a rare opportunity for professionals to operate a business and reside in the same historic structure.
- Historic Architectural Integrity
Designed by renowned architect Leonard Starks, the residence features meticulously preserved 1923 details, including original wood flooring and hand-troweled plaster of Paris walls.
CONSRISKS & DEFICIENCIES
- Limited Lot Size
The 3,202 square foot lot is relatively compact, which restricts outdoor private space and may limit future expansion possibilities for the structure.
- High-Traffic Exposure
Located on Alhambra Boulevard, the property is subject to significant street traffic and noise, which may detract from the quietude expected of a traditional private residence.
About 816 Alhambra Blvd
Architect Leonard Starks in 1923 built this residence for The Herndon Family. This incredible structure is located in the most desirable location in Midtown and across the street from McKinnley Park. The Residence/Office has operated as an attorneys office for over 50 years. The property has been recently updated and can serve as a home AND office. C-2 SP Zoning allows for a unique blend of private residence and commercial endeavors. Sleep where you work is a real option. Original finishes abound and include original wood flooring, plaster of Paris hand troweled walls and ceilings, exterior paint, and much more. This inspired property was the 29th commissioned project for Leonard Starks. This property has so many use options and with the prime location will certainly bring high interest to your business and create visibility for you. Call Agent for details.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1923
- Lot Size
- 3,202 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,559 | 1,541.53 |
| Lot Size | 3,202 | 6,320.667 |
| Price | $899.0K | $503.2K |
| Price per sq ft | $577 | $331 |
| Built year | 1923 | 1975 |
| HOA | $0 | $130 |
| Days on market | 106 | 47 |
Pricing History
Listed for Sale
Sep 12, 2026
$899,000
$929,000
-3% Price Drop
Initial Listing
Price Change
Jul 10, 2026
$929,000
Initial Listing