1123 W Street

Colliers is pleased to present the opportunity to purchase 1123 W Street, Sacramento, CA. A 12,632 SF lot with a 4,310 SF, 10-Bedroom/3-Bathroom former duplex building that is zoned R-3A-SPD. The site gives a buyer the opportunity to develop a small multifamily complex or lease out the building as a current multifamily dwelling.

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.

Please call the brokers for more details.