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J St
Sacramento, CA 95819
5890-5900 Newman Court · Land For Sale
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1.85 AC
Investment Highlights
- A rare opportunity to acquire a +1.85-acre prime corner parcel.
Executive Summary
Title to the Property is held in the name of The Roman Catholic Bishop of Sacramento, a corporation sole. The Roman Catholic Bishop of Sacramento is currently the debtor in a Chapter 11 bankruptcy proceeding, case no. 24-21326, United States Bankruptcy Court, Eastern District of California (“Bankruptcy Court”). All terms of any sale contract are subject to the approval of the Bankruptcy Court. It is estimated that this process will take at least 75 to 90 days. If court approval is not granted, then any sale transaction will be cancelled and not consummated. Approval of any sale contract may be subject to overbidding as part of the court approval process.
Property Facts
| Sale Type | Investment | Proposed Use | Apartment Units |
| No. Lots | 1 | Total Lot Size | 1.85 AC |
| Property Type | Land | Cross Streets | Carlson Dr |
| Property Subtype | Residential | ||
| Zoning | R4 - Maximum Height: 45 feet – Density: Up to 60 units per net acre Potential rezone to R-4A (subject to City approval) Maximum Height: 75 feet Density: | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Apartment Units |
| Total Lot Size | 1.85 AC |
| Cross Streets | Carlson Dr |
| Zoning | R4 - Maximum Height: 45 feet – Density: Up to 60 units per net acre Potential rezone to R-4A (subject to City approval) Maximum Height: 75 feet Density: |
1 Lot Available
Lot
| Lot Size | 1.85 AC |
| Lot Size | 1.85 AC |
Description
5890 Newman Court is prominently positioned at the corner of J Street and Carlson Drive, directly across from the main entrance to California State University, Sacramento (CSUS). The site occupies one of the most visible and underutilized corners in Sacramento, offering immediate access to CSUS and proximity to the highly desirable East Sacramento neighborhood.
Property Taxes
| Parcel Number | 005-0241-019 | Improvements Assessment | $346,791 |
| Land Assessment | $326,079 | Total Assessment | $672,870 |
Property Taxes
Parcel Number
005-0241-019
Land Assessment
$326,079
Improvements Assessment
$346,791
Total Assessment
$672,870
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