1517 E St - 16 Townhomes development site 0.3 Acres of Residential Land Offered at $2,200,000 in Sacramento, CA 95814

INVESTMENT HIGHLIGHTS

  • Downtown Area

EXECUTIVE SUMMARY

Prime investment property. 16 Units approved, each unit 3 bedrooms and 3 bathrooms

PROPERTY FACTS

Price $2,200,000
Sale Type Investment
Sale Conditions
1031 Exchange
  • Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use Multifamily
Total Lot Size 0.30 AC
Opportunity Zone Yes

1 LOT AVAILABLE

Lot

Price $2,200,000
Price Per AC $7,428,843.50
Lot Size 0.30 AC

The 1517 E. St. is 16 Units approved, one-third of Acer, and the size of each unit would be 1,460(3B+3Ba (First-floor kitchen, living room, and laundry area, the second floor would have two bedrooms, and the third floor would have a master bathroom.

DESCRIPTION

The former building needs to be demolished.

Walk Score®
Walker's Paradise (90)
Bike Score®
Biker's Paradise (100)

PROPERTY TAXES

  • Listing ID: 34455103

  • Date on Market: 1/11/2025

  • Last Updated:

  • Address: 1517 E St, Sacramento, CA 95814