Pending
Property Photo

$3,000,000

Pending

6329 Elvas Ave, Sacramento, CA 95819

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Property Highlights

Land

Property Type

0.76

Acres

33,183

Sq Ft

$3,938,041

Per Acre

C-2-Transit ...

Zoning

196

Days On Properkey

226015517

MLS #

METROLIST

MLS Source

Description

6325-6329 Elvas Ave is a 33,183 SF (.76 acre) infill development site located in East Sacramento. The property consists of two contiguous parcels of vacant land directly adjacent to Sacramento State (CSUS) and approx. 200 feet from the pedestrian tunnel to access campus, making this is prime candidate for student housing. The land is currently entitled for a ground-up student housing project featuring 283 student beds across 60 residential units in a 94,926 square foot 5-story building. The project entitlements are valid through August 2026 and the sale package includes full building plans, environmental/soil/vapor reports, surveys, and geotechnical/noise/acoustical studies. Over the last decade, enrollment at CSUS has grown by almost 7% with the current student body now exceeding 31,000 and far outpacing the available supply of nearby student housing. The property is 5 minute walk to campus, as well as The Garden @ the Line, Mill Coffee Shop, Bike Dog Brewing, 3 grocery stores, and many other service and hospitality amenities. The property boasts easy access to Folsom Blvd, J Street, Highway 50, and East Sacramento, one of the most highly sought-after neighborhoods in the region. This charming and safe community has little to no land remaining for new development, making this opportunity exceedingly rare and unique.

Listed by Jon M. Lang • DRE #01934934 • Ken Turton, Broker

Contact: (916) 710-0753

Contact: [email protected]

MLS #: 226015517
Source: MetroList Services

Property Features

View: City, Downtown
Lot Features: Shape Regular, Flag

Utilities

Nearby

Active Pending Closed Rental

Elementary School

Sacramento Unified District

Middle School

Sacramento Unified District

High School

Sacramento Unified District

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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: August 24, 2026 6:00 PM PT
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