$2,250,000
$50K PRICE DROP

Estimated payment $13,262/month

Total Views 34,518
5 Beds
4.5 Baths
4,381 Sq Ft
$514 Price per Sq Ft

Highlights

  • Built-In Freezer
  • 0.15 Acre Lot
  • Retreat
  • Miwok Middle School Rated A-
  • Craftsman Architecture
  • Wood Flooring

About This Home

Look no further for the chance to own an incredible investment opportunity in the prestigious Capitol Mansions neighborhood of Midtown. This pride of ownership asset consists of 2 residential structures, 2220 Capitol Ave. & 2221 Matsui Alley, with a primary 4 bed, 2.5 bath unit and three additional rental units that generated approximately $76,000 gross income in 2024. The primary unit at 2220 Capitol has retained its historic craftsman charm while boasting extensive renovations made in 2016, and hosts exquisite features such as pocket doors, a cozy breakfast nook, luxury kitchen, wine fridge, custom glass work, and stunning Lumens light fixtures throughout. The attached lower-level units include a studio and a 1bd/1ba unit with shared entryway & laundry room. These units may be used as income generating Airbnb's, or as an office or in law quarters within the primary unit. The backyard provides a peaceful oasis with low maintenance landscaping, fountain, garden lighting, plenty of patio space, and access to 2221 Matsui Alley, a 3-car garage with a second story 1bd/1.5ba luxury ADU that generates very strong rental demand. This is a rare opportunity to live in luxury while using rental income to offset your mortgage!

Listing Agent

Jack Scurfield

Ken Turton, Broker License #02127988 Listed on: 05/14/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,309

Year Built

  • Built in 1907 | Remodeled

Lot Details

  • 6,534 Sq Ft Lot
  • Wood Fence
  • Fenced For Horses
  • Back Yard Fenced
  • Landscaped
  • Garden

Parking

  • 3 Car Garage
  • Alley Access
  • Rear-Facing Garage

Home Design

  • Craftsman Architecture
  • Studio
  • Concrete Foundation
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 4,381 Sq Ft Home
  • Wood Burning Fireplace
  • Formal Entry
  • Family Room
  • Formal Dining Room
  • Storage

Kitchen

  • Breakfast Room
  • Free-Standing Gas Oven
  • Free-Standing Gas Range
  • Range Hood
  • Microwave
  • Built-In Freezer
  • Built-In Refrigerator
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Granite Countertops
  • Ceramic Countertops
  • Disposal

Flooring

  • Wood
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Retreat
  • Tile Bathroom Countertop
  • Bidet
  • Secondary Bathroom Double Sinks
  • Soaking Tub
  • Separate Shower
  • Window or Skylight in Bathroom

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Multiple Heating Units
  • Natural Gas Connected
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Net Lease
  • Controlled Access

Listing and Financial Details

  • Assessor Parcel Number 007-0154-008-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,309

Year Built

Built in 1907 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Subtype Description: Attached, Studio, Luxury
  • Property Subtype 1: 2 Houses on Lot
  • Remodeled Updated: Yes
  • Year Built: 1907
  • Architectural Style: Craftsman
  • Remodeled/Updated Desc: Bath 6-10YR, Kitchen 6-10YR, Bed 6-10YR, Other-Rmks 6-10YR
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Appliances: Free Standing Gas Oven, Free Standing Gas Range, Built-In Freezer, Built-In Refrigerator, Hood Over Range, Dishwasher, Disposal, Microwave, Wine Refrigerator
  • Interior Amenities: Formal Entry, Storage Area(s)
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Flooring: Concrete, Tile, Wood
  • Master Bathroom Features: Shower Stall(s), Double Sinks, Soaking Tub, Tile, Window
  • Master Bedroom Features: Closet
  • Total Bathrooms: 5
  • Bathroom Features: Bidet, Shower Stall(s), Double Sinks, Tile, Tub, Window
  • Dining Room Features: Breakfast Nook, Formal Room, Dining/Living Combo, Formal Area, Other
  • Kitchen Features: Breakfast Room, Ceramic Counter, Granite Counter, Island
  • Living Room Features: Other
  • Lower Level: Bedroom(s), Living Room, Full Bath(s), Retreat, Kitchen
  • Main Level: Living Room, Dining Room, Family Room, Partial Bath(s), Kitchen
  • Price Per Square Foot: 513.58
  • Square Footage: 4381.00

Exterior Features

  • Other Structures: Other
  • Construction Materials: Concrete, Stucco, Wood
  • Disclosures/Documents: Seller Property Questionnaire, Transfer Disclosure Statement, Home Inspection Report, Pest Control Report Available
  • Fencing: Back Yard, Fenced, Wood
  • Foundation: Concrete
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 2250000.00
  • Lot Features: Auto Sprinkler F&R, Garden, Landscape Back, Landscape Misc, Low Maintenance
  • New Construction: No
  • Patio And Porch Features: Front Porch, Back Porch, Covered Patio
  • Pool: No
  • Property Condition: Updated/Remodeled
  • Roof: Shingle, Composition
  • Spa: No
  • Second Unit Bedrooms: 1
  • Second Unit Estimated Sq Ft: 924
  • Second Unit Full Bathrooms: 1
  • Second Unit Kitchen: Yes

Garage/Parking

  • Garage Spaces: 3.00
  • Parking Features: Alley Access, Private, Garage Facing Rear, See Remarks

Utilities

  • Security: Carbon Mon Detector, Security System Owned, Smoke Detector, Video System, Secured Access
  • Sewer: Public Sewer
  • Utilities: Cable Available, Public, Electric, Natural Gas Connected
  • Cooling: Central, MultiUnits
  • Electric: See Remarks
  • Heating: Central, MultiUnits
  • Laundry Features: Dryer Included, Upper Floor, Washer Included
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning: R-3A-SPD
  • Irrigation: Irrigation Connected
  • Lot Size Acres: 0.1500
  • Lot Size Sq Ft: 6534.00

Rental Info

  • Lease Type: Net

Multi Family

  • Unit 2 Partial Bathrooms: 1
  • Unit 2 Description: ADU above 3-car garage
  • Unit 2 Occupied: Yes
  • Unit 2 Rents For: 2650
  • Unit 2 Type: Detached

Tax Info

  • Assessor Parcel Number: 007-0154-008-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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 $12,309 $1,036,728 $268,717 $768,011
2024 $12,309 $1,016,401 $263,449 $752,952
2023 $12,024 $996,473 $258,284 $738,189
2022 $11,825 $976,935 $253,220 $723,715
2021 $11,270 $957,780 $248,255 $709,525
2020 $11,365 $947,960 $245,710 $702,250
2019 $11,088 $929,374 $240,893 $688,481
2018 $8,984 $754,289 $236,170 $518,119
2017 $8,866 $739,500 $231,540 $507,960
2016 $8,483 $725,000 $227,000 $498,000
2015 $4,160 $346,344 $108,892 $237,452
2014 $4,049 $339,560 $106,759 $232,801
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2025 07/14/25 Price Changed $2,250,000 -2.2% $514 / Sq Ft
05/14/2025 05/14/25 For Sale $2,300,000 +217.2% $525 / Sq Ft
07/07/2015 07/07/15 Sold $725,000 -4.5% $266 / Sq Ft
05/18/2015 05/18/15 Pending -- -- --
04/03/2015 04/03/15 For Sale $759,000 -- $278 / Sq Ft
Source: MetroList

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Orange Coast Ttl Co Of Nocal
Interfamily Deed Transfer -- Orange Coast Ttl Co Of Nocal
Interfamily Deed Transfer -- Orange Coast Ttl Co Of Nocal
Interfamily Deed Transfer -- Orange Coast Ttl Co Of Nocal
Interfamily Deed Transfer -- None Available
Grant Deed $725,000 Placer Title Company
Interfamily Deed Transfer -- North American Title Co
Interfamily Deed Transfer -- --
Grant Deed $175,000 Placer Title Company
Interfamily Deed Transfer -- Placer Title Company
Interfamily Deed Transfer -- Placer Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $570,000 New Conventional
Closed $570,000 New Conventional
Open $925,000 New Conventional
Closed $435,000 New Conventional
Previous Owner $440,500 New Conventional
Previous Owner $431,250 Credit Line Revolving
Previous Owner $162,000 Credit Line Revolving
Previous Owner $165,000 Unknown
Previous Owner $140,000 No Value Available
Source: Public Records

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Source: MetroList

MLS Number: 225062149

MetroList

APN: 007-0154-008