$298,000
$42K PRICE DROP
Total Views 15,458
0.07 Acre
$4,331,395 Price per Acre
2,997 Sq Ft Lot

About This Lot

A Rare development opportunity in the heart of downtown Sacramento! Development Highlights: 508 T Street & 509 Salons Alley... This project offers a rare "shovel-ready" opportunity in Sacramento, with major entitlements secured and only minor clerical items remaining for final permit issuance, A prime lot with approved building plans for a duplex and two ADU's on the same lot. Four units total featuring (two) One Bedroom ADU plans (600 SQ. FT. each) and a Two Bedroom Duplex plan with each unit featuring two bedrooms (totaling 1,104 SQ. FT. each). A great practical modern design with smart land planning. Permit ready opportunity with the design and approval process complete. Price of the lot includes architectural plans. This is a wonderful location due to being very central along with the close proximity to the State Capital, Freeways, Southside Park, cafes and restaurants. This is an incredible opportunity for a builder or investor whom is looking for a development opportunity or one that wants to build their own investment property portfolio with four rental units. Opportunities like this do not come up very often. NOTE Price of listing is being sold in conjunction with adjoining lot on T St. MLS Listing #226012822, each lot is price at $298,000.

Listing Agent

Edward Corominas

Nick Sadek Sotheby's International Realty License #01095218 Listed on: 02/09/2026

Nick Sadek Sotheby's International Realty

Property Details

Property Type

  • Land

Lot Details

  • 2,997 Sq Ft Lot
  • Building or Site Plan Approved
  • Possible uses of the property include Residential
  • Zoning described as 2nd Unit Possible,Residential

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 009-0056-045-0000

Property Details

Property Type

Land

Lot Details

2,997 Sq Ft Lot

Listing Details

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

Exterior Features

  • Disclosures/Documents: Plot Map, Preliminary Title Report, Architectural Plans, Building Plans
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 298000.00
  • Lot Features: Other
  • New Construction: No
  • Pool: No
  • Road Frontage: City Street
  • Road Surface Type: Paved
  • Spa: No
  • Topography: Mostly Level,Mostly Level
  • Additional Living Units: No

Utilities

  • Sewer: Public Sewer, Other
  • Utilities: Public
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning: res
  • Crops: None
  • Current Use: Other
  • Development Status: Raw Land, Building Plans Filed, Building Site Cleared, Site Plan Approved, Surveyed
  • Number of Lots: 1
  • Zoning Description: 2nd Unit Possible,Residential
  • Irrigation: None
  • Lot Size Acres: 0.0688
  • Lot Size Sq Ft: 2997.00
  • Possible Use: Residential

Multi Family

  • Income Includes: ["None"]

Tax Info

  • Assessor Parcel Number: 009-0056-045-0000
  • Bonds/Assessments/Taxes Description: Transfer Tax County, Local Assessments, Transfer Tax City
  • Bonds/Assessments/Taxes: Yes

MLS Schools

  • School District (County): Sacramento

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft
02/23/2026 02/23/26 Price Changed $298,000 -12.4% --
02/09/2026 02/09/26 For Sale $340,000 -- --
Source: MetroList

Source: MetroList

MLS Number: 226012860

MetroList

APN: 009-0056-045

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