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2860 Florin Rd Sacramento, CA, 95822
$2,699,000 Commercial for sale Other
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.
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Property details
10,401 sqft interior area
Land area
42,734 sqft (0.98 acres)
Days on Verhouse
160
Address
2860 Florin Rd, Sacramento, CA, 95822
City of California
Sacramento
County
Sacramento
Year Built
1962
District
Listing
Nearby major retailers
Costco
Walmart Supercenter
Lowe's
T-Mobile
Walmart Neighborhood Market
Trader Joe's
Wholesale: 1
Supermarket: 4
Do it yourself: 1
Mobile phone: 3
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Interior Features
—
Utilities Included
Other Water/Sewer
Listed by
Steve Hovakimyan, City Center Realty Group
Name
Steve Hovakimyan
License number
01363908
Brokerage company
City Center Realty Group
MLS #
CRBB23216908
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Calculate your monthly payments
Mortgage
$8,287
Taxes
$0
HOA dues
$0
Mortgage
$539,800 / 20%
2.28%
30 years
Your amount
$8,287 / month
Lot details
TMK #04900210060000
Parcel nr.
04900210060000
95822 info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
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no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data
People living in 95822
50%
Families with children
National average: 39%
31%
Non family households
304,670
Population
$64,559
Average Income
Age & gender
Median age 33 years
More info
Commute types
88% commute by car
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Education level
27% have high school education
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Number of employees
3% work in education and healthcare
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Vehicles available
37% have 2 vehicle
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Vehicles by gender
37% have 2 vehicle
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Housing market insights for
$369.7k
Neighborhood average
sales price*
sales price*
$357.5k
Neighborhood median
sales price*
sales price*
24
Number
of sales*
of sales*
Housing type
70% are single detacheds
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Rooms
48% of the houses have 4 or 5 rooms
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Bedrooms
73% have 2 or 3 bedrooms
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Owners vs Renters
50% are renters
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14 / 20
Above Average
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Price history
New Listing Nov 27, 2023
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Nov 27, 2023 | New Listing | $2,699,000 | 0 | MLS #CRBB23217055 |
| Nov 27, 2023 | New Listing | $2,699,000 | 0 | MLS #CRBB23216908 |
Taxes of 2860 Florin Rd, Sacramento, CA, 95822
C-2 zoning / MLS #CRBB23216908
Zoning
C-2
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Frequently Asked Questions about 2860 Florin Rd
What is 2860 Florin Rd?
2860 Florin Rd is a Commercial/Industrial propertywith 10,401 sqft interior space.
What is the rental income?
-
What is the full address of this Commercial?
2860 Florin Rd, Sacramento, CA, 95822.
What comparable properties are nearby?
Comparable nearby commercial properties include 2830 I St, 3940 Norwood Ave, 610 E Pine St, 3330 Dover Ave, 205 Alaska Ave, 6345 Bethel Island Rd.
Based on information from the bridgeMLS as of 05-05-2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing last updated on: Feb 26, 2024
Verhouse Last checked 2 minutes ago
The closest grocery stores are Food Maxx, 0.69 miles away and 99 Ranch Market, 0.91 miles away.
The 95822 zip area has a population of 304,670, and 50% of the families have children. The median age is 33.66 years and 88% commute by car. The most popular housing type is "single detached" and 50% is renter.