5730 Martin Luther King Jr Boulevard Sacramento, CA 95824

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$453,000

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1.65 Acres
Land
MLS# 19077540

5730 Martin Luther King Jr Boulevard, Sacramento, CA 95824

Listing provided courtesy of: Lyon RE Downtown

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Thursday 28 May

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Property Details

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.

General Features
- Acreage 1.65
- Approx. Lot Sq. Ft. 71874
- HOA No
- HOA Dues $0
- Current Use Bare Land
- County Sacramento
Property Features
- # of Lots 0
- Site Location Other-Rmks
- Road Surface Paved
- Road Frontage Public Maintained Rd
- Outbuildings None
- Irrigation Other-Rmks
- Water Public at Site, Public District
- Utility Cable TV Available, Electricity to Site, Natural Gas to Site, Phone to Site
- Vegetation None
- Crops None
- Improvements None
- Special Conditions Other-Rmks
- Probable Use Multi-Residential, Other-Rmks
- Miscellaneous Public Trans Nearby
- Equipment Included None
Schools
- Elementary School Sacramento Unified
- Middle School Sacramento Unified
- High School Sacramento Unified

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Neighborhood

95824 (Sacramento) Demographics

30 Median Age

7,443 Population Density (per sq. mile)

13% College Educated

$29,747 Estimated Median Income

3,353 Estimated Total Home Owners

5,522 Estimated Total Renters

38% / 62% Estimated Owner / Renter Divide

2 Estimated Average Household Size

30,225 Total Population

Community data courtesy of LiveBy, Inc.

Schools Near Here

Elementary Schools

Public Elder Creek Elementary

Grades: KG - 6
Enrollment: 792

Public Ethel I. Baker Elementary

Grades: KG - 6
Enrollment: 757

Public Pacific Elementary

Grades: KG - 6
Enrollment: 693

Public Peter Burnett Elementary

Grades: KG - 6
Enrollment: 617

Private St Patrick Academy

Grades: 2 - 13
Enrollment: 322

Public Success Academy

Grades: 4 - 8
Enrollment: 13

Middle Schools

Private Calvary Christian School

Grades: 6 - 17
Enrollment: 55

Public Elder Creek Elementary

Grades: KG - 6
Enrollment: 792

Public Ethel I. Baker Elementary

Grades: KG - 6
Enrollment: 757

Public Pacific Elementary

Grades: KG - 6
Enrollment: 693

Public Peter Burnett Elementary

Grades: KG - 6
Enrollment: 617

Private St Patrick Academy

Grades: 2 - 13
Enrollment: 322

Public Success Academy

Grades: 4 - 8
Enrollment: 13

Public Will C. Wood Middle

Grades: 7 - 8
Enrollment: 661

High Schools

Private Calvary Christian School

Grades: 6 - 17
Enrollment: 55

Private Mvp Diamond Academy

Grades: 12 - 13
Enrollment: 8

Private St Patrick Academy

Grades: 2 - 13
Enrollment: 322

School data courtesy of LiveBy, Inc.

Market Last 30 Days In This Postal Code

$0 Median Sales Price

0 Homes Sold

21 New On Market

Average Days on Market

Properties for Sale

Property History

Date	Event	Price	Percent Change
--	Current Price Source	New Value: $453,000	-9.22%
11/14/2019 4:45:00 PM	New in Database Source	New Value: $499,000

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*This Payment Calculator is intended for educational and planning purposes only.
**Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.

Information is provided in part by the IDX program of METROLIST SERVICES, INC. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listing information last updated 5/26/2020 5:16:57 AM. All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Terms of Use

Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.