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1523 E St 0.17 Acres of Residential Land Offered at $1,515,778 CAD in Sacramento, CA 95814

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Executive Summary

Level commercial/multifamily infill lot located in a prime urban Sacramento corridor. The site is fully approved and entitled for a 9-unit condominium development and offers excellent frontage with convenient access to Downtown and Midtown Sacramento. Utilities are available nearby, and significant pre-development work has already been completed, making this a rare ready-to-develop opportunity in a rapidly growing area. Ideal for developers, builders, and investors seeking an urban residential development site with approved plans in place.

Property Facts

Price	$1,515,778 CAD	Property Subtype	Residential
Sale Type	Investment or Owner User	Proposed Use	Commercial Apartment Units - Condo
No. Lots	1	Total Lot Size	0.17 AC
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	R-4 - R-4 Multi Family, Mixed-Use

Price	$1,515,778 CAD
Sale Type	Investment or Owner User
No. Lots	1
Property Type	Land
Property Subtype	Residential
Proposed Use	Commercial Apartment Units - Condo
Total Lot Size	0.17 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	R-4 - R-4 Multi Family, Mixed-Use

1 Lot Available

Lot

Price	$1,515,778 CAD	Lot Size	0.17 AC
Price Per AC	$8,780,247.30 CAD

Price	$1,515,778 CAD
Price Per AC	$8,780,247.30 CAD
Lot Size	0.17 AC

Level commercial/multifamily infill lot located in a prime urban Sacramento corridor. The site is fully approved and entitled for a 9-unit condominium development

Description

FULLY APPROVED & ENTITLED 9-UNIT CONDO DEVELOPMENT SITE 1523 E Street | Sacramento, CA Rare opportunity to acquire a fully approved and entitled infill development site in the heart of Sacramento. Approved plans include a modern 9-unit condominium project designed for today’s urban housing demand. Significant entitlement and pre-development work has already been completed, with the majority of development fees already paid, allowing a future developer to accelerate the path toward construction. Positioned in a rapidly evolving urban corridor, the project features contemporary architecture, efficient unit layouts, and a modern streetscape presence designed to complement the surrounding neighborhood revitalization. An ideal opportunity for developers, builders, and investors seeking a streamlined multifamily condominium project in one of Sacramento’s strongest urban growth markets. Property Highlights Fully Approved & Entitled 9-Unit Condo Project Approved Architectural Plans Included Majority of Development Fees Already Paid Minimal Remaining Pre-Construction Costs Commercial / Multifamily Zoning Prime Urban Infill Opportunity Modern Contemporary Design Strong Rental & Resale Demand Excellent Access to Downtown & Midtown Sacramento Offering Summary Address: 1523 E Street, Sacramento, CA Project Type: Condominium Development Units: 9 Status: Fully Approved & Entitled Zoning: Commercial / Multifamily For additional development information, contact: Capital City Real Estate Denett’e Steele | Founder & Broker 916-562-1010 DRE Lic. #01903670

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