Entitled Student Housing Development
For Sale
Contact for pricing
6325-6329 Elvas Ave, Sacramento, CA 95819
Infill land offering for a 60-unit, 283-bed student housing project with parking garage and outdoor terrace.
Property Size33,183 SF
Price / SF$90.41
Days on Market171
Property Features for 6325-6329 Elvas Ave
General Information
Standard status
Active
Size
33,183 SF
Total Parking Spaces
46
Property subtype
Multifamily
Zoning
C - 2
Building Details
Stories
5
Units
60
Listing Agency:
Turton Commercial Real Estate
(916) 710-0753
Listed By:
Jon lang · License #CA 01934934
Source:
Crexi
Added: Feb 20
Changed: Aug 8
Last Checked: Jul 18 at 12:13AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Turton Commercial Real Estate
Investment Insights
Based on property information with market context.
Turton Commercial Real Estate presents 6325–6329 Elvas Ave, an infill development site consisting of two continuous parcels of vacant land. The property is currently entitled to construct a student housing project with 60 units and 283 beds across six stories, including a secure parking garage with 46 stalls and 46 bike spaces. The planned building also includes an approximately 5,000-square-foot lobby and communal space on the ground floor, along with an outdoor terrace on the second floor overlooking Elvas Ave for tenant seating and gathering.
The site is located approximately 200 feet from the pedestrian tunnel that provides access to California State University, Sacramento (CSUS). The property’s access includes nearby Highway 50 on- and off-ramps, with additional proximity to Highway 99, Interstate 80, and Interstate 5, and it is also described as an eight-minute walk from the University/65th Street Station light rail stop.
The sale includes plans for the proposed project and other due diligence materials, including Phase I and II soils reports, a geotechnical investigation, environmental noise assessment, acoustical studies, vapor analysis, and surveys. The existing entitlements were recently extended through August 17, 2026.
The site is located approximately 200 feet from the pedestrian tunnel that provides access to California State University, Sacramento (CSUS). The property’s access includes nearby Highway 50 on- and off-ramps, with additional proximity to Highway 99, Interstate 80, and Interstate 5, and it is also described as an eight-minute walk from the University/65th Street Station light rail stop.
The sale includes plans for the proposed project and other due diligence materials, including Phase I and II soils reports, a geotechnical investigation, environmental noise assessment, acoustical studies, vapor analysis, and surveys. The existing entitlements were recently extended through August 17, 2026.
Key Highlights
- 33,183 SF infill development site: 6325–6329 Elvas Ave in East Sacramento
- Entitled for a student housing project with 60 units and 283 beds across 6 stories (94–926 SF stated)
- Plans include secure parking garage with 46 stalls plus 46 bike spaces
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,564
Businesses Nearby
Explore this area
Business Placement
Demographics for 95819, CA
20,812
Population
8,936
Households
2.3
Avg Household Size
36
Median Age
68%
College-Educated
97%
High-School Grad
3.6 sq mi
ZIP Area
5,781
Density / Sq Mi
$127,500
Median Household Income
$69,922
Median Earnings
$2,007
Median Rent
$716,000
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Infill land offering for a 60-unit, 283-bed student housing project with parking garage and outdoor terrace.
Where is this residential land & home lot located?
The property is located at 6325-6329 Elvas Ave Sacramento, CA.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: 33,183 SF infill development site: 6325–6329 Elvas Ave in East Sacramento; Entitled for a student housing project with 60 units and 283 beds across 6 stories (94–926 SF stated); Plans include secure parking garage with 46 stalls plus 46 bike spaces
