5730 Martin Luther King Jr Boulevard, Sacramento, CA 95824

$499,000
List Price
$499,000
MLS#
19077540
Status
ACTIVE
Acres
1.65
Type
Land
Zip
95824
city
Sacramento
Region
Sac Elder Creek/Fruitridge

Property Description

Great opportunity for a profitable residential housing project close to freeways, businesses and the heart of downtown Sacramento. 1.65 acre lot and zoned RD-10. Complete set of APPROVED PLANS (including use permits, survey and environmental) are expired but available for 22 units, a mix of 1 and 2 bedroom apartments, and a Clubhouse. The project was to be senior housing. A new owner could work with these design drawings and plans to submit to County Planning and save quite a bit of money and time. Many possibilities for high density housing which is so badly needed throughout our region. More information available.

Additional Information

Land Area (Acres)
1.65
Subtype
Residential Lot
Zoning
Multi-Residential, Residential
Current Use
Bare Land
Development Status
Imprvmnt Plans Avail, Other-Rmks
Vegetation
None
Road Frontage
Public Maintained Rd
Road Surface
Paved
Topo Site Description
Level, Lot Regular, Trees Few
Primary Res
None
Outbuildings
None
Irrigation
Other-Rmks
Equipment Included
None
Special Conditions
Other-Rmks

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Lyon Re Downtown.

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All measurements and all calculations of area (i.e., Sq Ft and Acreage) are approximate. Broker has represented to MetroList that Broker has a valid listing signed by seller authorizing placement in the MLS. Above information is provided by Seller and/or other sources and has not been verified by Broker. Copyright 2019 MetroList Services, Inc. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of MetroList® MLS. All information has been provided by seller/other sources and has not been verified by broker. All interested persons should independently verify the accuracy of all information. Last updated .

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