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$399,000
Est. payment /mo
2,969 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Residential Lot
Listing Status Active
Purchase Type For Sale
MLS Listing ID 225143530
HOA Y/N No
Lot Size 2,969 Sqft
Acres 0.0682
Property Sub-Type Residential Lot
Source MLS Metrolist
Property Description
Urban living at it's finest: shovel-ready residential development opportunity in the heart of Downtown Sacramento! 617 15th Street is a 2,969 SF net land parcel ideally located on southeast corner of 15th St and Fat Alley, across from UC Davis Health Pavilion, Broadway Sacramento, and Milka Coffee, and just a short walk to the State Capitol, Golden 1 Center/DOCO, and Sacramento's top restaurants. Zoned C-2-SPD (General Commercial / Central City SPD) with Residential Mixed Use designation, the site supports multifamily apartments, alley townhomes, or a single-family home. With a max FAR of 6, a building envelope of up to 17,800 SF is possible ideal for a 17-20 unit project. The property is shovel-ready with fully approved entitlements and construction documents for a luxury single-family home. Two design options: a 4-story, 3,758 SF residence with 4-car garage, 3 bedrooms, 3.5 baths, roof terrace, and balcony; or a 3-story, 2,991 SF home with 3-car garage, 3 bedrooms, 3 full / 2 half bathrooms, and 2 balconies. Property already has installed: temporary electrical service, new power pole, and new good neighbor fence. Charming historic neighborhood of Victorians with new developments on 15th and 16th Streets. Come be part of the exciting transformation of Downtown Sacramento!
Location
State CA
County Sacramento
Area 10814
Zoning C-2-SPD
Direction 15th St between F and G St
Exterior
Fence Other
Utilities Available Public
Water Access Desc Public
Topography Level
Road Frontage City Street
Building
Lot Description Security Gate, Shape Regular
Sewer Public Sewer
Water Public
Schools
Elementary Schools Sacramento Unified
Middle Schools Sacramento Unified
High Schools Sacramento Unified
School District Sacramento
Others
Senior Community No
Tax ID 002-0171-026
Special Listing Condition None
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Listed by CBRE Inc.
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