$2,699,000

2860 Florin Road, Sacramento 95822

3

Beds

2

Baths

42,734

Lot Size

13

# Of Units

Listing Agent
Steve Hovakimyan - City Center Realty Group

Looking for a smart investment opportunity in Sacramento, CA? Look no further than this residential and commercial property for sale! With nearly 1 acre of prime land (0.98 AC) and 10 multifamily apartments plus 2 commercial units, this property offers a perfect balance of rental income and new project development potential for developers and investors alike. The apartment buildings are split into two structures. Building 1 includes units 1-6, which are 780 square feet with 2 bedrooms and 1 bathroom each. Building 2 includes units 7-10, which are 580 square feet with 1 bedroom and 1 bathroom each. In addition to the multifamily apartments, the property features a 3,300-square-foot commercial space in Building 3 with 2 tenants. This property offers an excellent location in Sacramento and a spacious lot for future development. And with the ability to earn rental income while navigating permits for new projects, the opportunity is knocking! Don't wait - act now to take advantage of this investment opportunity.

Facts & Features

MLS® # BB23216908
Price $2,699,000
Bedrooms 3
Bathrooms 2.00
Lot Size 42,734
Year Built 1962
Type Residential Income
Sub-Type Mixed Use
Status Active
# Of Units 13

Community Information

Address 2860 Florin Road
Area SCTO - Sacramento
City Sacramento
County Sacramento
Zip Code 95822

Amenities

Is Waterfront No
Has Pool No
Pool None

Interior

Has Basement No
Fireplace No
# of Stories 2
Stories Two

Exterior

Lot Description Value In Land

Additional Information

Date Listed November 27th, 2023
Days on Market 169
Zoning C-2
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentSteve Hovakimyan
OfficeCity Center Realty Group

Listing Map

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