Title
Exclusive Right to Negotiate Agreement with Mutual Housing California for 2225 Colfax Street
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FileID
File ID: 2026-01690
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Location
Location: 2225 Colfax Street, District 2
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Recommendation
Recommendation: Pass a Motion authorizing the City Manager or designee to execute an Exclusive Right to Negotiate (“ERN”) Agreement with Mutual Housing California regarding the potential sale of 2225 Colfax Street.
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Contact
Contact: Ya-yin Isle, City Housing Manager, (916) 808-1869, yisle@cityofsacramento.org, Economic Development Department; Richard Sanders, Facilities & Real Property Superintendent, (916) 808-7034, rsanders@cityofsacramento.org, Department of Public Works
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Presenter
Presenter: Ya-yin Isle, City Housing Manager, (916) 808-1869, yisle@cityofsacramento.org, Economic Development Department
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Attachments
Attachments:
1-Description/Analysis
2-Exclusive Right to Negotiate Agreement
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Additional Description/Analysis
IssueDetail
Issue Detail: The City-owned property located at 2225 Colfax Street (APN: 275-0072-002-0000) (“Property”), consisting of one parcel of 2.18 acres of vacant land, was previously used as a corporation yard. On October 15, 2024, via Resolution #2024-0299, the City Council declared the Property to be “surplus land” pursuant to the requirements of the California Surplus Land Act (California Government Code Section 54220 et seq.). On October 31, 2024, a Notice of Availability/Offer to Sell Surplus Property was issued as required by Government Code Section 54222. The City did not receive any notice of interest that included a development proposal at the end of the required 60-day period.
In 2025, City staff began marketing the Property for housing development and had some initial interest from one housing developer that ultimately did not move forward. In April 2026, Mutual Housing California (“Mutual Housing”) contacted City staff about their interest in developing the Property for housi...
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