Downtown Sacramento, California Real Estate Overview

Downtown Sacramento is the central business district of the City of Sacramento. Downtown is generally defined as the area south of the American River, east of the Sacramento River, north of Broadway, and west of 16th Street. However, for purposes of this general description, we will use Downtown Sacramento as a reference to the Greater Downtown area that incorporates the communities and neighborhoods identified below.

The central business district is generally defined as north of R Street, south of H Street, east of the Sacramento River, and west of 16th Street. Downtown Sacramento is currently undergoing a major revitalization project.

Downtown Sacramento streets use a numbered and lettered grid system, with lettered streets running north/south, and numbered streets oriented west/east. The exceptions to this include Capitol Mall and Capitol Avenue, which are equivalent of M Street; Front Street in Old Sacramento, which is equivalent to 1st Street; Broadway, which is equivalent to Y Street, and Alhambra Boulevard, which is equivalent to 31st Street.

Included within downtown is the California State Capitol building, the house of California State Government. The major shopping center is the Westfield Downtown Plaza, an outdoor shopping mall that includes Macy's. The recently renovated and expanded Sacramento City Hall is also located downtown. The Sacramento Convention Center Complex is a major events venue downtown. The recently renovated Cathedral of the Blessed Sacrament is located at 11th and K Streets. It is the largest historical cathedral west of the Mississippi River.

The appeal of the greater Downtown housing market is the charm of homes (early 1900s-forward) Victorian, rustic craftsman style bungalows and loft conversions. It’s very walk-able to local eateries, beautiful tree lined streets, parks and close proximity to arts, dining and entertainment in the Sacramento area. Most of the older homes have been renovated and some of the smaller, outlying areas have been (or are in the process of being) gentrified (Tahoe Park, Oak Park, etc.).

Greater Downtown Sacramento incorporates several smaller niche neighborhoods including:

  • Old Sacramento - is an 8 block historic area that mainly incorporates Gold Rush type buildings from the 1800s that run along the Sacramento Riverfront. This area boasts great shopping, dining and California history. There aren't many homes for sale here, but this quaint area has a few homes and apartments for rent above businesses. The area is defined as 1st and 2nd streets bound by I through M streets.
  • Downtown Sacramento - The heart of any city can be found in its downtown core. A visit to Downtown Sac means having arts, culture and award-winning dining at your fingertips. This area is defined as 3rd through 16th and bound by B through T Streets.
  • MidtownMidtown Sacramento is a historical district and neighborhood just east of Downtown Sacramento, which encompasses R Street on the South, J Street on the North, 16th Street on the West and 30th Street on the East. The largely residential community is distinguished by its tree-lined streets and old Victorians. Midtown is home to popular  boutiques, bars, clubs, upscale, and casual dining, and signature community events including the Second Saturday artwalk and Saturday Farmers’ Market. This area is defined as 17th through 29th bound by C through T Streets.
  • East Sacramento / McKinley Park - Greater East Sacramento and McKinley Park are highly sought after neighborhoods due partly to their central freeway location, proximity to the Midtown area and the State Capital corridor. East Sac home prices have seen the largest price appreciations relative to size of any area in Sacramento. Additionally the Midtown factor, an area which has seen an explosion in the number of fine dining offerings, monthly social events and public art and performance offerings, weighs heavily on the popularity of East Sac. It is due in part to its relative ease of access to this area via bike, public transportation or just walking. Schools, community activities, a relative sense of security and the number of outdoor, social and recreational diversions make for a pleasant mix of outdoor offerings that encourage and foster a strong sense of community. This area is primarily defined as 30th through 57th and bound by C through R Streets (loosely).
  • Oak ParkOak Park is informally bounded by Route 50 to the north, Stockton Blvd. to the east, CA-99 to the west and Fruitridge Road to the South. It is situated within the city limits and provides easy access to the ever growing/changing Downtown of Sacramento. The streets intersect with avenues and there is one main street that runs through all of Oak Park, Martin Luther King Jr. Boulevard, formerly known as Sacramento Boulevard. It's home to McGeorge School of Law, University of the Pacific Sacramento campus, Sacramento High School and Christian Brothers High School. It has a deep and rich history.
  • Tahoe ParkTahoe Park is bordered by Highway 50 and Broadway to the north, 14th Avenue to the south, 53rd and 57th Streets to the west and 65th Street to the east. The area was established in 1911 and at its center is a 19 acre park filled with a swimming pool playgrounds, BBQ facilities, and soccer, basketball, volleyball and softball fields. The area is a mix of styles of homes, some dating to the early 1900s through some mid-centure modern style homes. It's close to UCD Medical Center, SMUD and has a Target and local eateries nearby within walking distance. Hwy 50 freeway access is close and the Downtown commute is only 15-20 minutes depending on traffic.
  • Land ParkLand Park consists of mainly single-family dwellings in the area between Interstate 5 to the west, Broadway to the north, Sutterville Road to the south and Freeport Blvd. to the east. William Land Park is its namesake, a major city park south of Highway 50 and east of Interstate 5 in South Sacramento. It also contains the Sacramento Zoo along with the popular children's theme pars Funderland and Fairy Tale Town. In addition, Land Park is the home to the popular Vic's Ice Cream, Tower Cafe, and Espresso Metropolitan. It's location is nestled between Downtown it its north and Greenhaven to the south. It continues the charm of the more established neighborhoods with some very high end luxury homes.
  • Curtis ParkCurtis Park is filled with tree lined streets and older craftsman style homes that make the Downtown area so appealing. Curtis Park is a large park in the center of the neighborhood and is a haven for runners, tennis players, dog walkers, people watchers and family picnics. It's just on the outskirts of the Downtown/Midtown eatery and entertainment scene with most of the Downtown nightlife only 10 minutes away. It is alwo very close to Sacramento City College and many freeway access points.

Downtown Sacramento California Real Estate Market Report

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