1511 CALIFORNIA ST N E MINNEAPOLIS MN 55413

PID: 1502924110069

Property Overview

Parcel ID1502924110069

Lot Size6,039 sq ft (0.139 ac)

Lot Dimensions (est.)120 ft wide × 50 ft deep

Year Built1950

Property ClassRESIDENTIAL

OwnerERIN C GRANDSTRAND

Assessed Value$351,100

Land Value$145,000

Building Value$206,100

Annual Tax$5,225

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

High-Frequency Transit (5-min walk)High

Within a 5-minute walk of a high-frequency LRT or BRT stop — a positive factor for density bonuses and Met Council Livable Communities grant scoring.

Metro Council — Livable Communities ↗

Potential programs

Met Council Livable Communities GrantMedium

Competitive grants for affordable housing and transit-oriented development near high-frequency transit; proximity to LRT/BRT is a key scoring factor.

Metro Council — Livable Communities ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

Minneapolis

Median reported rent1,466/mo

Renter-occupied71.3%

Median home value$320K

Vacancy rate11.3%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 24

Market Snapshot

Zip code 55413

Median sale price$350K+2.9% YoY

Median price / sqft$213/sqft

Median days to close69 days

Active listings27

Source: Redfin Data Center (Invalid Date) · Zip 55413

Zoning

UN2Urban Neighborhood 2

Urban Neighborhood 2 — moderate-density residential

Typical Uses

·Duplexes
·Triplexes
·Small apartment buildings (≤4 units)

Max Height35 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width40 ft

Buildable depth81 ft

Area~3,229 sqft

Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.

Development Feasibility

Likely Infeasible

Back-of-envelope estimate based on small multifamily (2–4 units, wood frame) benchmarks for 3,229 sqft buildable area.

Est. units

Yield on cost

3.9%

Spread

-1.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1505 CALIFORNIA ST N E MINNEAPOLIS MN 55413	GRANDVILLE RICKS	RESIDENTIAL-TWO UNIT	$862,800	50 ft
1515 CALIFORNIA ST N E MINNEAPOLIS MN 55413	JASON W SCHOTT	RESIDENTIAL	$338,600	50 ft
137 15TH AVE N E MINNEAPOLIS MN 55413	JESSE KORTUEM	RESIDENTIAL	$264,400	100 ft
1519 CALIFORNIA ST N E MINNEAPOLIS MN 55413	J D PERRIN & C U PERRIN	RESIDENTIAL-TWO UNIT	$309,200	100 ft
1510 MAIN ST N E MINNEAPOLIS MN 55413	A W JURCHISIN/E B JURCHISIN	RESIDENTIAL	$412,300	132 ft
1512 MAIN ST N E MINNEAPOLIS MN 55413	J VETRANO & P VETRANO	RESIDENTIAL-TWO UNIT	$482,600	141 ft
1504 MAIN ST N E MINNEAPOLIS MN 55413	JONATHAN MARK WHITEHORNE	RESIDENTIAL	$336,000	141 ft
1523 CALIFORNIA ST N E MINNEAPOLIS MN 55413	DEAN A VACCARO	RESIDENTIAL	$336,100	150 ft
1500 MAIN ST N E MINNEAPOLIS MN 55413	ADAM ARSENEAU	RESIDENTIAL	$318,800	165 ft
1518 MAIN ST N E MINNEAPOLIS MN 55413	SAMUEL STEWART/RACHAEL DAOUD	RESIDENTIAL	$430,200	166 ft

Property History

Most Recent Sale

Date200703

Price$179,900

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,225