Sacramento, CA 95822 2860 Florin Road

Presented By: Steve Hovakimyan with City Center Realty Group; 818-209-0922
  • MLS# BB23217055
  • 11/27/2023
  • Request Tour
  • Request Info
  • FootageSQFT • 10,401

Home Details

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.
Presented By: Steve Hovakimyan with City Center Realty Group; 818-209-0922

Interior Features for 2860 Florin Road

Other Interior Features

LivingAreaSourceAssessor
Air Conditioning Y/NNo
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesLaundryRoom
Street SuffixRoad
Total Stories2

Other Rooms

Entry Level1

General for 2860 Florin Road

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CitySacramento
CountySacramento
Days on Market91
DirectionsFrom 5N Take exit Florin E - Corner of Florin and 29th st
Garage Y/NNo
HOA / Comm AssnNo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, CashtoNewLoan
Lot Size Square Feet42734.0
MobileHomeRemainsYNNo
New ConstructionNo
Occupancy DescriptionOwner
Private PoolNo
Property Attached Y/NNo
Property Sub Type AdditionalMixedUse
Property SubTypeMixedUse
Property TypeCommercialSale
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Street NameFlorin
View Y/NNo
Waterfront Y/NNo

Exterior for 2860 Florin Road

Building Area Total10401.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesCornerLot, LotOver40000Sqft
Lot Size Acres0.981
Lot Size Area42734.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Open Parking Y/NNo
SpaNo
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $2,699,000
MLS#BB23217055
List Date 11/27/2023
Property Type Commercial
Phone 714.964.3311
Request Tour
Request Info
Visit My Website

Similar Properties to 2860 Florin Road