5203 J St Sacramento, CA 95819

Property Details for 5203 J St

Lot size

0.24 lot acres

Property type

Commercial real estate

APN

008-0111-003

Description

This exceptional .24-acre (10,387 sq ft) residential lot in Sacramento's desirable East Sacramento neighborhood presents a unique development opportunity. Currently zoned R-1 and R-2, per the 2040 General Plan, the property allows for significant density. As it stands, zoning permits two units plus two accessory dwelling units (ADUs), totaling four units. However, the city's new density bonus law and "Missing Middle Housing" project, currently under implementation, could significantly increase allowable units. These initiatives, along with the elimination of minimum parking requirements for this site, offer substantial flexibility for developers. The property includes five existing structures: a two-bedroom, one-bathroom single-family home (currently renting for $1,550, tenant vacatable before closing), a 900 sq ft single-story building, and three additional storage structures. The lot boasts street frontage on both J Street and 52nd Street, conveniently located near residential homes and just ten blocks from Mercy General Hospital. This is a rare chance to acquire a large residential lot in this highly sought-after area, offering substantial potential for a high-return investment. Further information regarding zoning and development possibilities can be obtained from the City of Sacramento Planning Helpdesk. The asking price is $1,025,000. APN: 008-0111-003.