2131 16th Street, Sacramento, CA 95818

Local realty services provided by:ERA Carlile Realty Group
2131 16th Street,Sacramento, CA 95818
$2,900,000
  • 0.45 Acres
  • Lots / Land
  • Active
Listed by: patrick stelmach
Office: cbre inc.
MLS#:225114761
Source:MFMLS

Price summary

  • Price:$2,900,000

About this home

Shovel-ready development project in Midtown Sacramento. High-quality urban infill site +/-.44 acres with fully approved entitlements for mixed-use multifamily development with two versions: 60 units in 5 story building and 31 units in 3 story building. Prominently situated on the NE corner of 16th & V Streets, providing high visibility identity signage for retail/commercial. A stone's throw from Ice Blocks, the site is a natural extension of the vibrant R Street Corridor - most sought-after submarket of Sacramento. 16th St. is the spine of the urban core connecting to premier retail, dining, nightlife in Midtown, & major employment centers in Downtown. Residents enjoy short bike ride to Golden1 Center, DOCO, Land Park, Midtown Farmers Market, Target, Safeway, and Sacramento's best amenities and entertainment. Site Plan & Design Review are fully approved to construct 57,950 sq ft 60-unit mixed-use building incl. 3 live-work units, 21 parking stalls, 50376 sq ft commercial/retail space.

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Home facts

  • Listing ID #:225114761
  • Added:34 day(s) ago
  • Updated:December 18, 2025 at 04:02 PM

Structure and exterior

  • Lot area:0.45 Acres

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$2,900,000
MLS LogoMetroList MLS 2025. This information is being provided by MetroList MLS. All measurements and calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data Updated: December 18, 2025. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Any offer of compensation is made only to Participants of MLS where the subject listing is filed and in accordance with such MLS's regulations or rules.

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