Share This Listing

Message

966 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Investment Highlights

  • Prime infill redevelopment site near Broadway Corridor
  • Corner lot with excellent visibility and access
  • Strong upside in an improving Sacramento submarket
  • Plans submitted for 8-unit multifamily conversion
  • Close to Midtown amenities and public transit

Executive Summary

Positioned in the heart of Sacramento’s dynamic urban core, 2832 34th Street offers a rare infill redevelopment opportunity for investors and developers seeking strong upside potential. This ±4,778 SF property, currently configured as a religious facility, comes with submitted plans for an 8-unit multifamily conversion, including six primary units and two accessory dwelling units (ADUs). Second-round plan check corrections have already been submitted, streamlining the path toward project completion.
The site’s strategic location adjacent to the revitalized Broadway Corridor places future residents within minutes of Midtown’s vibrant dining, retail, and cultural amenities. Excellent connectivity to major highways—HWY 80, HWY 50, and HWY 99—ensures convenient regional access, while proximity to public transit supports sustainable urban living. Sacramento’s continued growth and improving rental market make this property an ideal candidate for a plan-driven redevelopment that aligns with the city’s urban renewal initiatives.
Whether acquired individually or as part of a larger assemblage (four lots available), this property represents a compelling opportunity to capitalize on Sacramento’s upward trajectory. With plans already in review, investors can accelerate timelines and reduce entitlement risk, positioning themselves for strong returns in a high-demand multifamily segment.

Property Facts

Price $827,339 CAD
Price Per SF $173.16 CAD
Sale Type Investment
Sale Condition Redevelopment Project
Property Type Specialty
Property Subtype Religious Facility
Building Class C
Lot Size 0.10 AC
Building Size 4,778 SF
No. Stories 3
Year Built 1912
Zoning C2 - General Commercial

Amenities

  • Air Conditioning
Very walkable
80/100
Very drivable
80/100
Some public transit
40/100
Moderately bikeable
70/100

Property Taxes

Property Taxes

Parcel Number
010-0374-008
Land Assessment
$319,270 CAD
Improvements Assessment
$43,537 CAD
Total Assessment
$362,807 CAD
  • Listing ID: 39114008

  • Date on Market: 2026-01-16

  • Last Updated:

  • Address: 2832 34th St, Sacramento, CA 95817

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}