- For Sale $1,025,000
- Property Type Other
- Lot Size 0.24 Acre
- Additional Rent Contact for pricing
- Date Updated Dec 21, 2024
Colliers is seeking a qualified developer to acquire this .24-acre (10,387 SF) parcel of land in East Sacramento. The location is one of the most sought after residential areas of Sacramento and the site has a proposed R-1 & R-2 Zoning which is designated in the 2040 General Plan for maximum density. As currently written, the zoning code will allow two units on the property plus two ADU’s, for a total of four (4) units. With the City and States new density bonus law there is a possibility of adding 8-12 Units with additional ADU’s on the site as well. The site provides street frontage on J Street and 52nd Street which is near a majority of residential homes and only ten blocks from Mercy general Hospital. This is a rare opportunity to acquire a residential lot of this size in East Sacramento.
The Property comes with one 2-bedroom/1-bathroom single family home with a full basement and laundry hookups which rents for exactly $1550. The tenant can be vacated before close of escrow. There is also a “Artist Studio” which is a 900 SF single story building that was built within the last 10-15 years. Additionally on site there are three separate “Artist Studio’s” that have been used for storage. The property comes with 5 structures in total.
In addition to the new Bonus density law, the city is undertaking The “Missing Middle Housing” project which plans to implement portions of the new 2040 General Plan. With MMH zoning ordinance amendments, this will allow development on this property and others zoned R-1, R-1A, R-1B, and R-2 to develop consistent with the minimum and maximum FAR standards, and not subject to a maximum number of dwelling units. In other words, once the ordinance is adopted, more than four units could be added to the property if desired, subject to new development standards (setbacks, open space, height, lot coverage, etc). The 2040 General Plan eliminated minimum parking requirements for this site, so no additional parking would be required. Depending on the scope of work, the new units could be added with just a staff level Site Plan and Design Review application.
The Planning Helpdesk at the City of Sacramento will have more information: [email protected].
Reach out to the broker for more info on lease terms and amenities
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Contacts
Location
Getting Around
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Walk Score ®
83/100 Very Walkable -
Transit Score ®
38/100 Some Transit -
Bike Score ®
89/100 Very Bikeable
- City Sacramento, CA
- Neighborhood East Sacramento
- Zip Code 95819
- Market Sacramento
Points of Interest
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48th Street
0.71 miles
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59th Street
0.83 miles
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39th Street
0.98 miles
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29th Street
1.65 miles
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23rd Street
2.08 miles
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Power Inn
2.21 miles
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16th Street
2.66 miles
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4th Avenue/Wayne Hultgren
2.77 miles
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Royal Oaks
2.78 miles
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Swanston
2.85 miles
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CJ Gas
1.05 miles
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Stop and Shop
1.22 miles
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Chevron
1.23 miles
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7-Eleven
1.36 miles
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eVgo
1.36 miles
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76
1.42 miles
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Arco
1.46 miles
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Tesla Supercharger (Coming Soon)
1.49 miles
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SMUD
1.71 miles
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Giddyup
2.21 miles
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Lot 1D Faculty/Staff
0.66 miles
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Parking Structure 5
0.68 miles
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Lot 1C Faculty/Staff
0.74 miles
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Parking Structure 1
0.87 miles
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Lot 2 faculty/staff
0.97 miles
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Parking Structure 4
0.99 miles
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UC Davis Parking Structure 5
1.00 miles
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Lot 18
1.02 miles
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Parking Structure 2
1.08 miles
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Lot 5
1.12 miles
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Courtyard Sacramento Midtown
1.24 miles
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Hotel Med Park, Ascend Hotel Collection
1.26 miles
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Hampton Inn & Suites Sacramento at CSUS
1.34 miles
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De Ville Motel
1.40 miles
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Larkspur Landing Sacramento
1.44 miles
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Motel 6 Sacramento Downtown
1.49 miles
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Red Lion Inn & Suites Sacramento
1.49 miles
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Hyatt House Sacramento / Midtown
1.66 miles
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The Fort Sutter Hotel Sacramento
1.67 miles
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Motel 6
1.82 miles
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Selland's Market Cafe
0.24 miles
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Cafe Rolle
0.26 miles
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The House of Authentic Ingredients
0.30 miles
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Round Table Pizza
0.41 miles
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Cervecería at the Shack
0.43 miles
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Evan's Kitchen
0.43 miles
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East Patio Mexicano
0.46 miles
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One Speed Pizza
0.46 miles
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McDonald's
0.53 miles
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Taco Bell
0.58 miles
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Kit Carson Middle School
0.33 miles
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Saint Mary School
0.61 miles
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Saint Francis Catholic High School
0.64 miles
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Phoebe A Hearst Elementary School
0.73 miles
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Sacred Heart Parish School
0.85 miles
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Caleb Greenwood School
0.88 miles
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Theodore Judah Elementary School
0.92 miles
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California State University - Sacramento
1.01 miles
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David Lubin Elementary School
1.04 miles
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UC Davis School of Nursing
1.14 miles
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Playhouse Preschool
0.89 miles
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Oak Park Preschool
1.76 miles
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Common Grounds Preschool and Daycare
1.99 miles
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Glory Children's Learning Center, Inc.
2.95 miles
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Thomas A Edison Elementary School
3.35 miles
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Federal Building Day Care
3.41 miles
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Didion 4th R
7.11 miles
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ARC Childcare
7.75 miles
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Camellia Waldorf School
8.05 miles
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Birth & Beyond
8.21 miles
Frequently Asked Questions
The space currently listed for sale at 5203 J Street asks for $1,025,000.
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