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Investment Highlights

  • Established Sacramento neighborhood with strong residential character
  • Excellent connectivity via Interstate 80 and Interstate 5
  • Positioned within a market experiencing continued demand for multifamily housing
  • Convenient access to Downtown Sacramento and major employment centers
  • Infill location supported by existing infrastructure
  • Bell View offers developers the opportunity to deliver quality housing in a location that combines accessibility, community character, and growth

Executive Summary

An exceptional multifamily development opportunity is available at 2000 Helena Avenue in Sacramento, CA. This ±2.13-acre infill site is fully entitled for a 39-unit apartment project across four buildings, offering an attractive scale for developers and investors seeking an accessible urban location with significant growth potential. The site is supported by approved architectural plans and complete entitlement status, positioning it for rapid transition into the construction phase.
The property benefits from its proximity to major Sacramento corridors including Interstate 80 and Business 80, along with swift access to U.S. Interstate 5 and CA Expressway 160. Located just minutes from Downtown Sacramento and approximately 10 minutes from CSU Sacramento, the site sits within a thriving multifamily market marked by consistent demand and strong demographic fundamentals. Utilities including water, electric, and sewer are on site, ensuring streamlined development timelines.
With an established residential setting, nearby shopping, Arden Fair Mall, and convenient connections to major employment hubs, this location aligns affordability and accessibility in one of California’s most dynamic metro regions.

Attachments

2000 Helena Ave

Property Facts

Price $2,020,299 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Apartment Units
Total Lot Size 2.13 AC
Opportunity Zone Yes
Zoning BP, R-1 - •2.13 Acres •4 Buildings •39 Residential Units •80 Parking Spaces •Approved Entitlements

1 Lot Available

Lot

Price $2,020,299 CAD
Price Per AC $948,497.38 CAD
Lot Size 2.13 AC

The subject consists of four parcels and alleys: 266-0261-008 +/- 1.01 acres, 266-0261-009 +/- 0.38 acres, 266-0253-001 +/- 0.32 acres, 266-0284-001 +/- 0.19 acres, Acquired row +/- 0.23 acres, Total Area +/- 2.13 Acres..

Description

This excellent multifamily project with approved plans and renderings is now For Sale. The site is Located just minutes from Downtown Sacramento and the Arden Mall The opportunity offers easy access to major Freeways and urban centers. Located approximately 10 minutes from CSU Sacramento, one of Northern California’s largest Universities with over 30,000 students and staff. The subject consists of four parcels and alleys: 266-0261-008 +/- 1.01 acres, 266-0261-009 +/- 0.38 acres, 266-0253-001 +/- 0.32 acres, 266-0284-001 +/- 0.19 acres, Acquired row +/- 0.23 acres, Total Area +/- 2.13 Acres. The Project offers a developer the opportunity to enter the thriving Sacramento multifamily market in a well-located location surrounded by easy access to a multitude of amenitie

Fairly walkable
40/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 266-0261-009
  • 266-0284-001
  • 266-0253-001
  • 266-0261-008
Land Assessment
$548,011 CAD
Improvements Assessment
$0 CAD
Total Assessment
$548,011 CAD
  • Listing ID: 41077481

  • Date on Market: 2026-06-26

  • Last Updated:

  • Address: 2000 Helena Ave, Sacramento, CA 95821

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