5650 Broadway
$2,375,000
—
1,111
1,111
$2,138
Description
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...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.
- Listed by Jon Lang • DRE #01934934 • Ken Turton, BrokerP: (916)-710-0753 jonlang@turtoncom.com
- Listed by Jack B Scurfield • DRE #02127988 • Ken Turton, BrokerP: (916)-573-3300 jackscurfield@turtoncom.com
Property Details for 5650 Broadway
Parking Features
Open, Other-Rmks
ZoningR-1-Single Family Residential
LISTING UPDATED: 10/22/2024 12:26 PM
Property Details for 5650 Broadway
Status | Active |
---|---|
MLS # | 224004384 |
Days on Compass | 319 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / 5 or More Units |
Year Built | 1934 |
Lot Size | 0.16 AC / 6,969 SF |
County | Sacramento County |
Building Information for 5650 Broadway
Stories2Residences3Year Built1934Building Size-Lot Size0.16 AC / 6,969 SF
Property Information for 5650 Broadway
Property History for 5650 Broadway
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 5650 Broadway
Taxable ValueLand$135,252Additions$160,221Total$295,473
Tax Record2024$3,650 ($304 / month)
Home Facts
Beds2Baths1Total Finished SqFt1,298 SqFtAbove Grade Finished SqFt1,298 SqFtStories1Lot Size6,970 SqFtStyleSingle Family ResidenceYear Built1934ZoningR-1CountySACRAMENTOAPN015-0061-007-0000
Schools near 5650 Broadway
This home is within Sacramento City Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 6 | |||
Public - | 7 to 12 | |||
Public - | 9 to 12 | |||
Charter - | K to 8 |
Rating | School | Distance |
---|---|---|
Tahoe Elementary School PublicK to 6 | ||
Omoja International Academy Public7 to 12 | ||
Hiram W. Johnson High School Public9 to 12 | ||
The Language Academy Of Sacramento CharterK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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