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2860 Florin Road Sacramento, CA $ 2,699,000
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$ 2,699,000 Get more info
2860 Florin Road
$ 2,699,000
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2860 Florin Road

Sacramento, CA, 95822
$ 2,699,000
Bedrooms16 Baths2.0 Sq 10,401

Monthly Estimate*

$ 17,938

Listed by City Center Realty Group
2860 Florin Road, Sacramento, CA 95822 - Image 1

Multi-Family Home for sale in Sacramento, CA

for $2,699,000 with 16 bedrooms and 2 full baths. This 10,401 square foot home was built in 1962 on a lot size of 0.981.

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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Multi-Family Active

Price

$ 2,699,000

Bedrooms

16

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

MixedUse

Lot Size

0.981

Year Built

1962

Town/City

Sacramento

County/Region

Sacramento

MLS | Web ID

BB23216908

Days on Market

182
Features
General
Sewer Unknown
Zoning C-2
Garage Spaces 0.0
Pool Features None
Year Built 1962
Stories 2
Levels Two
Property SubType MixedUse
Gross Income 132000.0
Community Features StreetLights
County Sacramento
Net Operating Income 92929.0
Operating Expense 39071.0
Insurance Expense 4560.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Special Listing Conditions Standard
Status Active
Directions From 5N Take exit Florin E - Corner of Florin and 29th st
City Sacramento
Entry Location Ground Level w/ Steps
View Y/N N
Senior Community Y/N N
Total Units 13
MLS Area SCTO - Sacramento
Lot Size Square Feet 42734.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Florin
Listing Terms Cash CashtoNewLoan
Property Attached Y/N Y
Land Lease Y/N N
Electric Expense 3600.0
Home Warranty Y/N N
Fuel Expense 0.0
Trash Expense 1800.0
Water Sewer Expense 3600.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N Y
Days on Market 91
Building Area Units SquareFeet
Standard Status Active
Year Built Source Assessor
Tax Lot 1
Property Sub Type Additional MixedUse
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Exterior
Lot Features ValueInLand
Water Source Public
Total Parking 0.0
Lot Size Area 42734.0
Number of Buildings 3
Spa N
Building Area Total 10401.0
Lot Size Acres 0.981
Lot Size Units SquareFeet
Lot Size Source Assessor
Number of Separate Water Meters 2
Number of Separate Gas Meters 2
Number of Separate Electric Meters 2
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 2
Common Walls Item2CommonWalls
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Street Suffix Road
Laundry Features LaundryRoom
Entry Level 1
Electric On Property Y/N N
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Internal Only
Street Number 1 2860
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* Excluded Features
List By
City Center Realty Group

Broker

(818) 845-5551

Phone

Affordability Calculator

$17,938
Per Month
100%
0%
0%
Monthly Principal & Interest
$17,938
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
11/28/2023$2,699,000 Listed Price

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2860 Florin Road, Sacramento, CA, 95822 is a Multi-Family Home for sale at $2,699,000 with 10,401 sqft and a lot size of 0.981. 2860 Florin Road has 16 bedrooms, 2.0 baths, and was built in 1962. The property's zip code is 95822 which is in Sacramento, CA

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