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33933235
33933234

2000 Helena Ave, Sacramento, CA 95821

CENTURY 21 Select Real Estate, Inc.
DM
Listed by CENTURY 21 Select Real Estate, Inc.
$1,450,000
5 days on market
Updated 5 days ago
Opportunity zone

39-Unit Fully Entitled Multifamily Development Site

Details
APN 266-0261-008, 266-0261-009, 266-0253-001, 266-0284-001
Property Type Multifamily, Land
Sub Type Apartment Building
Square Footage 32,917
Units 39
Pro-Forma NOI $660,000
Price per SqFt $15
Buildings 4
Acreage 2.130
Zoning BP, R-1
Parking Spaces 80 spaces
Parking Per SqFt 2.43
Investment Type Redevelopment

Multifamily | 39 Units

Marketing description

Rare opportunity to acquire a almost fully entitled 39-unit multifamily development site in Sacramento with approved plans, 80 parking spaces, and immediate development potential in a high-demand infill location.

This excellent multifamily project with approved plans and renderings is now For Sale. The site is Located just minutes from Downtown Sacramento and the Arden Mall The opportunity offers easy access to major Freeways and urban centers. Located approximately 10 minutes from CSU Sacramento, one of Northern California's largest Universities with over 30,000 students and staff.

The subject consists of four parcels and alleys: 266-0261-008 +/- 1.01 acres, 266-0261-009 +/- 0.38 acres, 266-0253-001 +/- 0.32 acres, 266-0284-001 +/- 0.19 acres, Acquired row +/- 0.23 acres, Total Area +/- 2.13 Acres.

The Project offers a developer the opportunity to enter the thriving Sacramento multifamily market in a well-located location surrounded by easy access to a multitude of amenities.

Investment highlights

  • Established Sacramento neighborhood with strong residential character
  • Convenient access to Downtown Sacramento and major employment centers
  • Excellent connectivity via Interstate 80 and Interstate 5
  • Infill location supported by existing infrastructure
  • Positioned within a market experiencing continued demand for multifamily housing
  • Close proximity to schools, parks, shopping, and community amenities. Located approximately 10 minutes from CSU Sacramento, one of Northern California's largest Universities with over 30,000 students and staff.
  • Bell View offers developers the opportunity to deliver quality housing in a location that combines accessibility, community character, and long-term growth potential.

Listing Contacts

CENTURY 21 Select Real Estate, Inc.
DM
Listed by CENTURY 21 Select Real Estate, Inc.

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Zoning

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Last updated May 14, 2026 For deeper zoning details, reports are available at Zoneomics

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