Property Details
About this Property
5650 Broadway is a 3-parcel "value-add" development opportunity located in the Tahoe Park neighborhood of Sacramento. The Property currently features 3 residential units including a single-family residence on Broadway and a single-story duplex located behind the SRF, all of which are in exceptional condition. The three existing units are currently rented for a total of $8,450 per month gross. The Property also represents significant upside in the underutilized land over its three contiguous parcels totaling .60 acres. Existing preliminary architectural plans map the construction of eight additional units including one duplex (2 units) and 6 accessory dwelling units measuring 599 square feet to streamline the development process and minimize development fees for the project. The Property sits less than a mile from existing UC Davis medical facilities and Aggie Square, the state-of-the-art research and innovation center that is currently under construction. The project will bring thousands of highly-paid professionals to the neighborhood, many of which will seek well-located & upscale unit.
MLS Listing Information
MLS #
ME224004384
MLS Source
MetroList Services, Inc.
Days on Site
303
Interior Features
Appliances
Other
Flooring
Vinyl
Cooling
Central Forced Air
Heating
Central Forced Air
Exterior Features
Foundation
Slab
Parking, School, and Other Information
Garage/Parking
Other, Garage: 0 Car(s)
Sewer
Public Sewer
Water
Public
HOA Fee
$0
Complex Amenities
Community Security Gate
Zoning
R-1-Single Family Residen
Contact Information
Listing Agent
Jon Lang
Ken Turton, Broker
License #: 01934934
Phone: (916) 710-0753
Co-Listing Agent
Jack Scurfield
License #: 02127988
Phone: (916) 573-3300
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | 3 | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
5650 Broadway is a Residential Income in Sacramento, CA 95820. This 1,111 square foot property sits on a – Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,375,000 and was built in –. This address can also be written as 5650 Broadway, Sacramento, CA 95820.
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This listing information is up-to-date as of October 22, 2024. For the most current information, please contact Jon Lang, (916) 710-0753
