2860 Florin Road
2860 Florin Road
$2,699,000
3
10
10,401
10,401
$259
Description
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...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.
- Listed by Steve Hovakimyan • DRE #01363908 • Brokerage DRE #01932421 • City Center Realty Group • 818-209-0922
Property Details for 2860 Florin Road
Parking Spaces Total
0
Private PoolNo
Total Units13.0
Building TypeAttached
Lot Size SourceAssessor
Living Area10401
Assessor Parcel Number04900210060000
Property Attached YNtrue
Location
LISTING UPDATED: 02/25/2024 10:14 PM
Property Details for 2860 Florin Road
Status | Active |
---|---|
MLS # | BB23216908 |
Days on Compass | 156 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Mixed Use |
MLS Type | Residential Income |
Year Built | 1962 |
Lot Size | 0.98 AC / 42,734 SF |
County | Sacramento County |
Location
Building Information for 2860 Florin Road
Stories2Residences-Year Built1962Building Size-Lot Size0.98 AC / 42,734 SF
Payment Calculator
$16,541 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 2860 Florin Road
Property History for 2860 Florin Road
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2860 Florin Road
Taxable ValueLand$408,000Additions$1,122,000Total$1,530,000
Tax Record2023$21,731 ($1,811 / month)
Home Facts
Total Finished SqFt10,401 SqFtAbove Grade Finished SqFt10,401 SqFtStories2Lot Size42,734 SqFtStyleMulti-Family Res (5+ Units)Year Built1962ZoningC-2CountySACRAMENTOAPN049-0021-006-0000
Schools near 2860 Florin Road
This home is within Sacramento City Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 3 | |||
Public - | K to 12 | |||
Public - | 9 to 12 | |||
Public - | 4 to 6 |
Rating | School | Distance |
---|---|---|
Edward Kemble Elementary School PublicK to 3 | ||
Capital City Independent Study School PublicK to 12 | ||
Luther Burbank High School Public9 to 12 | ||
Cesar Chavez Intermediate School Public4 to 6 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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