$895,000

1523 E St, Sacramento, CA 95814

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0.17 acres · 7,610 sqft · $5,123,068/acre

Land · Zoned RD4 · 148 days on Properkey

Description

Shovel-Ready 9-Unit Condominium Development Opportunity in the heart of Mansion Flats, Downtown Sacramento. Rare opportunity to acquire a prime urban infill development site with approved plans for a modern 9-unit condominium project designed to meet today's growing demand for urban housing. Significant entitlement and pre-development work has already been completed, with the majority of development fees already paid, helping streamline the path toward construction and reducing upfront development timelines. Positioned within one of Sacramento's most rapidly evolving urban corridors near Downtown and Midtown, the approved project features contemporary architecture, efficient unit layouts, and a modern streetscape presence thoughtfully designed to complement the ongoing revitalization of the surrounding neighborhood. Excellent opportunity for developers, builders, and investors seeking a ready-to-develop multifamily project in one of Sacramento's strongest urban growth markets. Seller may carry.

Agent & source

Listed by
Denette M. Steele
Brokerage
Capital City Real Estate
DRE
#01903670
MLS # 226065617 Source MetroList Services

Property details

Property Features

Current Use
Vacant
Possible Use
Commercial
Lot features
Public Trans Nearby
Road
City Street
Topography
Filled

Utilities

Water Source
TBD
Sewer
Public Sewer
Sewer Available, Water Available
Irrigation
Public District

Nearby

Active Pending Closed Rental
Elementary
Sacramento Unified District
Middle
Sacramento Unified District
High
Sacramento Unified District

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  1. 1.Share your offer details. Tell us about your desired offer — it's just a starting point, nothing is final!
  2. 2.Get expert guidance. A Properkey agent will reach out to discuss a game plan.
  3. 3.Finalize your offer. Your agent will prepare your offer and negotiate on your behalf.

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Such information and material should be independently reviewed and verified for accuracy. This information and material are intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data last updated: October 17, 2026 6:02 PM PT
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