$1,025,000
For Sale

5203 J STREET

Sacramento, CA 95819
10387 sqft | 0.24 acres | #224125981
Browse 19 photos
Type:Purchase
Structure:House
Zone:Residential

Description

*More photos to come* The subject property comes with one 2-bedroom/1-bathroom single family home with a full basement and laundry hookups which rents for exactly $1550. There is also an "Artist Studio" which is a 900 square foot single story building that was built within the last 10-15 years. Additionally on site there are three separate "Artist Studio's" that have been used for storage. The property comes with 5 structures in total. Colliers is seeking an investor to acquire this .24-acre (10,387 SF) parcel of land in East Sacramento. The location is one of the most sought after residential areas of Sacramento and the site has a proposed R-1 & R-2 Zoning which is designated in the 2040 General Plan for maximum density. As currently written, the zoning code will allow two units on the property plus two ADUs, for a total of four (4) units. With the City and States new density law there is a possibility of adding 8-12 Units with additional ADUs on the site as well. The site provides street frontage on J Street and 52nd Street which is near a majority of residential homes and only ten blocks from Mercy general Hospital. This is a rare opportunity to acquire a residential lot of this size in East Sacramento.

  • Property Details
      • Utility FeaturesNatural Gas Connected, Other
      • Cooling FeaturesCentral, See Remarks, Other
      • Utility SourceMeter on Site, Other
      • Parking FeaturesSee Remarks, Other
      • FoundationConcrete, Other
      • Property Subtype2 Houses on Lot
      • RoofShingle, Other
      • Sewer InformationPublic Sewer
      • AppliancesSee Remarks
      • ZoningR-1 and R-2
      • CountySacramento
      • MLS #224125981
      • MLS #224125981
      • Property TypePurchase
      • Cost1025000
      • Lot DescriptionOther
      • Square Feet10387
      • StyleOther
      • Acres0.24

Location

Debra DurbinReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00