816 Alhambra Boulevard, Sacramento, CA 95816, Sacramento, 95816 - 2 bed, 2 bath
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Sacramento, CA 95816
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.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 816 Alhambra Boulevard Subject | $929,000* List Price | 2 | 2 | 1,559 | $507 | - |
A 2210 D Street Sold | $652,500 | 3 | 2 | 1,469 | $444 | 0.7 mi |
B 3279 D Street Sold | $738,000 | 4 | 2 | 1,620 | $456 | 0.4 mi |
C 3259 Forney Way Sold | $725,000 | 3 | 3 | 1,540 | $471 | 0.8 mi |
D 2509 I Street Sold | $725,000 | 3 | 3 | 1,524 | $476 | 0.4 mi |
E 9 Fischbacher Street Sold | $775,000 | 3 | 3 | 1,589 | $488 | 0.6 mi |
F 3717 M Street Pending | $725,000 List Price | 3 | 2 | 1,565 | $463 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
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.
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.
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.
Designed by renowned architect Leonard Starks, the residence features meticulously preserved 1923 details, including original wood flooring and hand-troweled plaster of Paris walls.
The 3,202 square foot lot is relatively compact, which restricts outdoor private space and may limit future expansion possibilities for the structure.
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.
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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,559 | - |
| Lot Size | 3,202 | - |
| Price | $929.0K | $505.7K |
| Price per sq ft | $596 | $341 |
| Built year | 1923 | 0 |
| HOA | $0 | $0 |
| Days on market | 13 | 42 |
Jul 10, 2026
$929,000
Initial Listing