2860 Florin Road
Sacramento, CA 95822
- – beds
- – baths
- – sqft
- ~1 acre lot
- 1962 build
- – on site
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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Last updated Feb 26, 2024
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MLS# BB23216908 —
Walk Score®
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Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
11/27/23
Nov 27, 2023
|
Listed / Active | CRMLS_CA | $2,699,000 | |
|
2/23/19
Feb 23, 2019
|
Listed / Active | METROLIST |