1900 Capitol Ave 1900 Capitol Ave 252 Unit Apartment Building For Sale Sacramento, CA 95811

For Sale: Unpriced
1900 Capitol presents an extraordinary opportunity to acquire a fully entitled multifamily development site in the very heart of Midtown Sacramento. Encompassing approximately 51,752 square feet across two contiguous parcels, this premier property combines an existing 40,552-square-foot office building with a large, secured parking lot—delivering flexibility and unmatched potential for investors and developers alike.
Strategically located just steps from the State Capitol, the property enjoys an A+ Midtown location within Sacramento’s Central Business District. Future residents will be immersed in the vibrant Midtown lifestyle, surrounded by top-tier dining, shopping, entertainment, and employment hubs—all with seamless connectivity to regional freeways and Downtown Sacramento.
The site is fully entitled and approved for the development of 252 luxury apartment homes thoughtfully designed to appeal to today’s urban professionals who embrace the “live, work, play” lifestyle.
The Approved entitlements provide for two modern, seven-story podium-style buildings. A state-of-the-art apartment community with private balconies and sleek finishes. Ample on-site parking and flat topography for development efficiency. High-end interiors with luxury upgrades throughout. Along with resort-inspired amenities including a fitness facility, leasing office, and community gathering spaces. All utilities have already been stubbed to the site —dramatically reducing lead time and accelerating the path to construction.
With Midtown Sacramento continuing to experience dynamic growth and strong multifamily demand, 1900 Capitol prepresents a rare, best-in-class development opportunity offering long-term value, lifestyle appeal, and enduring investment strength.