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1517 E St - 16 Townhomes development site 0.3 Acres of Commercial Land Offered at £1,271,218 in Sacramento, CA 95814

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INVESTMENT HIGHLIGHTS

  • Shovel ready

EXECUTIVE SUMMARY

Excellent and commutable location. Treat yourself this Christmas with a high value development project.
Property Highlights
- Approval: Site Plan & Design Review approved August 28, 2024 — valid for three (3) years, through August 28, 2027.
- Zoning: Heavy Commercial (C-4-SPD) within the Central City Special Planning District.
- Project: 16 multifamily units, entirely consistent with design standards and CCSP goals.
- CEQA: Exempt under PRC §21155.4 (Transit Priority Area / Sustainable Communities Strategy consistency).
- Location: Approx. ¼ mile to SacRT Blue Line and multiple bus routes — strong transit-oriented infill opportunity.
Plans Included: Site plan, elevations, and full list of City conditions (security, lighting, utilities, Public Works, etc.)
A chance for a savvy investor, builder or developer to capitalize and leverage upon the hard ground work already done.
The property comes complete with detailed plans and City approvals. A shovel ready easy to build development project.

PROPERTY FACTS

Price £1,271,218
Sale Type Investment
No. Plots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Build-to-Rent
  • Flats
  • Apartment Units - Flats
  • Hold For Development
  • Hold For Investment
Total Plot Size 0.30 ac
Opportunity Zone Yes
Use Class C-4-SPD

1 PLOT AVAILABLE

Plot

Price £1,271,218
Price Per ac £4,237,393.80
Total Plot Size 0.30 ac

Fully entitled ready to build infill multifamily property development opportunity available with City approved 16-unit, 24,402 sq.ft apartment project.

DESCRIPTION

Fully entitled ready to build infill multifamily property available with City approved 16-unit, 24,402 sq.ft apartment project. Excellent and commutable location. Treat yourself this Christmas with a high value development project. Property Highlights - Approval: Site Plan & Design Review approved August 28, 2024 — valid for three (3) years, through August 28, 2027. - Zoning: Heavy Commercial (C-4-SPD) within the Central City Special Planning District. - Project: 16 multifamily units, entirely consistent with design standards and CCSP goals. - CEQA: Exempt under PRC §21155.4 (Transit Priority Area / Sustainable Communities Strategy consistency). - Location: Approx. ¼ mile to SacRT Blue Line and multiple bus routes — strong transit-oriented infill opportunity. Plans Included: Site plan, elevations, and full list of City conditions (security, lighting, utilities, Public Works, etc.) A chance for a savvy investor, builder or developer to capitalize and leverage upon the hard ground work already done. The property comes complete with detailed plans and City approvals. A shovel ready easy to build development project.

Walk Score®
Excellent pedestrian access (91)
Bike Score®
Ideal For Cyclists (100)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures how walkable a location is.
Transit Score® measures access to public transport.
Bike Score® measures how accessible a location is by bike
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures how walkable
a location is. Transit Score®
measures access to public transport. Bike Score®
measures how accessible a location is by bike®
  • Listing ID: 38573333

  • Date on Market: 25/11/2025

  • Last Updated:

  • Address: 1517 E St, Sacramento, CA 95814

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