2131 16th Street, Sacramento, CA 95818

Local realty services provided by:Better Homes and Gardens Real Estate Integrity Real Estate
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.

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with a BHGRE®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a BHGRE®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (CENTURY 21® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Listing ID #:225114761
  • Added:35 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.

New listings near 2131 16th Street