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2281 Sierra Blvd
Sacramento, CA 95825
Land For Sale
·
2.92 AC


INVESTMENT HIGHLIGHTS
- ±2.92 acres (±127,195 SF) development site in Campus Commons/Sierra Oaks/Woodside - Developable area: ±37,765 SF (±0.87 acre) on northeast portion
- Existing 7BR/2BA residence (1962); leased to group home at ~$3,500/month through Sept 2026; demo likely feasible
- Adjacent to prestigious Sierra Oaks, a highly stable, supply-constrained neighborhood with long-term ownership and minimal turnover
- RD-30 zoning allowing up to 30 units/acre with by-right options including SFA/SFD, duplex, multifamily, SROs, care homes, & fraternity/sorority house
- Utility easement with overhead power lines restricts building area; suitable for parking/amenities
- Steps from The Pavilions and Loehmann’s Plaza and min to East Sac, Midtown, Sac State, and major arterials including Howe, Arden, Hwy 50 and I-80
EXECUTIVE SUMMARY
2281 Sierra Blvd (the “Subject Property”) is a suburban development site measuring approximate 127,195 (2.92 acres) square feet located off Sierra Blvd in the Campus Commons/Sierra Oaks/Woodside neighborhood of Sacramento County.
The Subject Property is zoned RD-30 High Density Multifamily Residence which permits a maximum density of 30 dwelling units per acre under the Sacramento County Zoning Code. The zoning code permits by right a myriad of different housing and density options under this zoning including a duplex, single-family attached and detached houses, dense multifamily housing, residential care homes up to 20 patients, SROs, Fraternity and Sorority houses, and child & adult care centers.
The Subject Property features a two-story single-family residence with 7 bedrooms and 2 bathrooms that was constructed in 1962. The residence served as a fraternity house for many decades but has most recently been leased to and occupied by a group home for adults with disabilities. The existing lease expires in September 2026 with the tenant paying approximately $3,500 per month. We assume that the residence does not hold any historical significance or significant monetary value, thus it could be demolished to make way for a new development on the site.
The Subject Property is encumbered by a utility easement by Great Western Power Company, with power lines and poles running nearly the entire north-south length of the Subject Property. The land beneath the powerlines cannot generally be developed although it can likely house common area amenities and parking facilities for the multifamily or commercial development. The developable land measures approximately 37,765.50 square feet (.87 acre) on the northeast corner of the Subject Property.
The Subject Property is bordered by residential uses on the east, west, and north sides of the site. There is a mix of residential and commercial uses to the south of the site, most notably the Shalom School and Mosaic Law Congregation. The intersection of Howe Ave and Sierra Blvd is approximately .25 miles west of the Subject Property and the high-visibility corner of Fair Oaks Blvd and Howe Ave is approximately .6 miles away. The Subject Property is surrounded by many amenities, easy access to freeways, and near the Sacramento central business district.
The Subject Property is zoned RD-30 High Density Multifamily Residence which permits a maximum density of 30 dwelling units per acre under the Sacramento County Zoning Code. The zoning code permits by right a myriad of different housing and density options under this zoning including a duplex, single-family attached and detached houses, dense multifamily housing, residential care homes up to 20 patients, SROs, Fraternity and Sorority houses, and child & adult care centers.
The Subject Property features a two-story single-family residence with 7 bedrooms and 2 bathrooms that was constructed in 1962. The residence served as a fraternity house for many decades but has most recently been leased to and occupied by a group home for adults with disabilities. The existing lease expires in September 2026 with the tenant paying approximately $3,500 per month. We assume that the residence does not hold any historical significance or significant monetary value, thus it could be demolished to make way for a new development on the site.
The Subject Property is encumbered by a utility easement by Great Western Power Company, with power lines and poles running nearly the entire north-south length of the Subject Property. The land beneath the powerlines cannot generally be developed although it can likely house common area amenities and parking facilities for the multifamily or commercial development. The developable land measures approximately 37,765.50 square feet (.87 acre) on the northeast corner of the Subject Property.
The Subject Property is bordered by residential uses on the east, west, and north sides of the site. There is a mix of residential and commercial uses to the south of the site, most notably the Shalom School and Mosaic Law Congregation. The intersection of Howe Ave and Sierra Blvd is approximately .25 miles west of the Subject Property and the high-visibility corner of Fair Oaks Blvd and Howe Ave is approximately .6 miles away. The Subject Property is surrounded by many amenities, easy access to freeways, and near the Sacramento central business district.
PROPERTY FACTS
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 2.92 AC |
| Property Type | Land | ||
| Zoning | RD-30 - High Density Multifamily | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 2.92 AC |
| Zoning | RD-30 - High Density Multifamily |
1 LOT AVAILABLE
Lot
| Price | $2,749,768 CAD | Lot Size | 2.92 AC |
| Price Per AC | $941,703.10 CAD |
| Price | $2,749,768 CAD |
| Price Per AC | $941,703.10 CAD |
| Lot Size | 2.92 AC |
DESCRIPTION
Address: 2281 Sierra Blvd, Sacramento, CA Submarket: Campus Commons / Howe Corridor Price: $1,995,000.00 Price per Square Foot: $15.68 Total Land Size: 127,195 SF (2.92 AC) Buildable Land Size: 37,765.50 SF (.87 AC) Zoning: RD-30 High Density Multifamily Existing Income: $3,500/month through September 2026
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