1505 E St Sacramento, CA 95814
Mansion Flats NeighborhoodEstimated payment $4,368/month
Highlights
- Downtown View
- 5-minute walk to Alkali Flat/La Valentina
- 3 Car Attached Garage
- No HOA
- Fenced Yard
- 3-minute walk to Washington Park
About This Home
Major Price Improvement - Now Offered at $715,000! Bring your vision and unlock the potential of this historic 1900 triplex in Sacramento's sought-after Mansion Flats. This value-add opportunity is ideal for investors, contractors, owner-occupants, or 1031 exchange buyers looking to restore a classic property while building equity. Featuring three units, with two currently occupied and one vacant, the property offers immediate rental income and significant upside through renovations and future rent growth. Original built-ins, high ceilings, and vintage architectural details provide the perfect foundation for a thoughtful restoration. Located just minutes from the Railyards, Sacramento State's new downtown campus, the State Capitol, restaurants, and entertainment, this is an opportunity to invest in one of Sacramento's most exciting growth corridors. Whether you're looking to renovate, reposition, or create long-term value, this property offers the location, character, and potential to make it happen.
Listing Agent
Windermere Signature Properties Downtown License #01956019 Listed on: 04/15/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1900
Lot Details
- 3,049 Sq Ft Lot
- Fenced Yard
- Landscaped
Parking
- 3 Car Attached Garage
Home Design
- Triplex
- Bungalow
- Raised Foundation
- Composition Roof
Interior Spaces
- 2,336 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Double Pane Windows
- Downtown Views
- Laundry in unit
Kitchen
- Free-Standing Gas Oven
- Dishwasher
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Covered Deck
- Patio
Utilities
- Central Heating and Cooling System
- Window Unit Cooling System
- Wall Furnace
- Water Heater
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 002-0131-019-0000
Community Details
Overview
- No Home Owners Association
- 3 Units
Building Details
- 2 Leased Units
- 1 Vacant Unit
- 2 Units Leased Month-To-Month
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,888 | $509,087 | $296,420 | $212,667 |
| 2024 | $6,888 | $499,106 | $290,608 | $208,498 |
| 2023 | $6,717 | $489,320 | $284,910 | $204,410 |
| 2022 | $6,590 | $479,726 | $279,324 | $200,402 |
| 2021 | $6,288 | $470,321 | $273,848 | $196,473 |
| 2020 | $6,308 | $465,500 | $271,041 | $194,459 |
| 2019 | $5,656 | $456,374 | $265,727 | $190,647 |
| 2018 | $5,509 | $447,426 | $260,517 | $186,909 |
| 2017 | $5,433 | $438,654 | $255,409 | $183,245 |
| 2016 | $5,263 | $430,053 | $250,401 | $179,652 |
| 2015 | $5,185 | $423,594 | $246,640 | $176,954 |
| 2014 | $5,049 | $415,297 | $241,809 | $173,488 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/10/2026 07/10/26 | Price Changed | $715,000 | -10.4% | $306 / Sq Ft |
| 06/07/2026 06/07/26 | Price Changed | $798,000 | -14.7% | $342 / Sq Ft |
| 04/15/2026 04/15/26 | For Sale | $935,000 | -- | $400 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Alliance Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Financial Title Company | |
| Grant Deed | $405,000 | Financial Title Company | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Gift Deed | -- | Stewart Title |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $413,560 | New Conventional | |
| Closed | $429,000 | New Conventional | |
| Closed | $427,000 | New Conventional | |
| Closed | $40,500 | Credit Line Revolving | |
| Closed | $324,000 | Fannie Mae Freddie Mac | |
| Closed | $64,125 | No Value Available |
Source: MetroList
MLS Number: 226036269
APN: 002-0131-019
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