$550,000

Estimated payment $3,221/month

Total Views 7,238
0.35 Acre
$1,553,234 Price per Acre
15,425 Sq Ft Lot

About This Lot

Prime Development Opportunity - Soon to be fully Entitled 11-Unit Apartment Complex in Sacramento! This shovel-ready project will come fully entitled with approved plans, streamlining your path to construction. Designed for modern living, the thoughtfully planned community features off-street parking, an on-site laundry facility, and secure bike storage, catering to today's renters. With a high-demand rental market, this property offers easy access to major freeways, ensuring seamless connectivity to downtown Sacramento, local employers, shopping, dining, and entertainment. Whether you're an investor, builder, or developer, this is a turnkey opportunity to bring this multi-family project to life without the time spent planning. Opportunity knocks to develop an 11-unit apartment complex in the heart of Sacramento, don't miss your chance to capitalize on Sacramento's growing rental market!

Listing Agent

Brett Burrows

Windermere Signature Properties Downtown License #01915536 Listed on: 03/17/2025

Windermere Signature Properties Downtown

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,197

Lot Details

  • 0.35 Acre Lot
  • Site Plan Filed
  • Possible uses of the property include Residential
  • Property is zoned C-2, Commercial,Residential

Community Details

  • No Home Owners Association
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 266-0153-035-0000

Property Details

Property Type

Land

Est. Annual Taxes

$2,197

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Subtype 1: Commercial Lot
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands
  • Stories: 0

Exterior Features

  • Other Structures: None
  • Disclosures/Documents: Architectural Plans
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 550000.00
  • Lot Features: Curb(s), Gutter(s)
  • New Construction: No
  • Pool: No
  • Road Frontage: City Street
  • Spa: No
  • Topography: Level,Level
  • Additional Living Units: No

Utilities

  • Sewer: None
  • Utilities: None
  • Water Source: None

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: Twin Rivers Unified

Lot Info

  • Zoning: C-2
  • Crops: None
  • Current Use: Vacant
  • Development Status: Site Plan Filed
  • Zoning Description: Commercial,Residential
  • Irrigation: None
  • Lot Size Acres: 0.3541
  • Lot Size Sq Ft: 15425.00
  • Possible Use: Residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Expiration Date: 1800-01-011800-01-01
  • Lease Type: Net

Multi Family

  • Income Includes: ["None"]

Tax Info

  • Assessor Parcel Number: 266-0153-035-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Map

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,197 $100,391 $89,238 $11,153
2024 $2,197 $98,424 $87,489 $10,935
2023 $1,333 $96,495 $85,774 $10,721
2022 $1,261 $94,604 $84,093 $10,511
2021 $1,252 $92,750 $82,445 $10,305
2020 $922 $42,840 $38,760 $4,080
2019 $659 $42,000 $38,000 $4,000
2018 $634 $42,000 $35,000 $7,000
2017 $693 $44,154 $44,154 $0
2016 $535 $43,289 $43,289 $0
2015 $504 $42,639 $42,639 $0
2014 $513 $41,804 $41,804 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2025 03/17/25 For Sale $550,000 -- --
Source: MetroList

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $90,000 Stewart Title Of Sacramento
Interfamily Deed Transfer -- Stewart Title
Grant Deed $42,500 Stewart Title Of Sacramento
Trustee Deed $80,000 Stewart Title Of Sacramento
Grant Deed $99,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $89,000 Seller Take Back
Source: Public Records

Source: MetroList

MLS Number: 225032126

MetroList

APN: 266-0153-035