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5730 Martin Luther King Jr Boulevard $379,000

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    5730 Martin Luther King Jr Boulevard Sacramento, CA 95824

    • 1.65 Acres
    • Land
    • MLS# 19077540
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    Views: 38

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    Property Details

    Great opportunity for a profitable multi-unit residential housing project close to freeways, businesses and the heart of downtown Sacramento. 1.65 acre lot and zoned RD-10. Many possibilities for high-density housing which is so badly needed throughout our region. This property is in Sacramento County, not within City limits. Plans (that have been expired for 10+ years) are available. Project was to be 22 units, a mix of 1 and 2 bedroom apartments, and a 1700 sq. ft. clubhouse building. It was to be senior housing. A new owner could work with these design drawings and plans, and submit to County Planning, and hopefully save money and time on a new project for this area.

    • General Features
      • Association No
      • Association Fee $0
      • County Sacramento
      • Development Status Improvement Plans Available
      • Property Subtype Residential Acreage
    • Building Features
      • Number of Lots 0
      • Minimum Bldg SqFt 0
      • Water Source Public
      • Utilities Cable Available
      • Total Parking Spaces 0
      • Other Equipment None
      • Other Structures None
    • Property Features
      • Distance To Electric Electricity To Site
      • Distance To Gas Natural Gas To Site
      • Distance To Phone Service Phone To Site
      • Distance To Sewer Sewer At Site
      • Distance To Water Public At Site
      • Lot Features Public Trans Nearby, Shape Regular
      • Lot Size Acres 1.65
      • Lot Size Dimensions 128 x 338 x 250 x 343+
      • Lot Size Square Feet 71874
      • Lot Size Source Assessor Auto-Fill
      • Vegetation None
      • Road Responsibility Public Maintained Road
      • Road Surface Type Paved
    • Schools
      • Elementary School District Sacramento Unified
      • Middle or Junior School District Sacramento Unified
      • School District County Sacramento
      • Senior High School District 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.

    Market Last 30 Days In This Postal Code

    $0 Median Sales Price
    0 Homes Sold
    20 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $379,000 -7.56%
        1/21/2021 3:59:38 PM Status Changed Source New Value: Pending
        1/11/2021 12:55:05 PM Status Changed Source New Value: Active
        1/7/2021 10:44:14 AM Status Changed Source New Value: Active
        12/15/2020 3:14:33 PM Status Changed Source New Value: Pending Sale
        10/1/2020 1:44:43 PM Status Changed Source New Value: Active
        9/15/2020 1:14:20 PM Status Changed Source New Value: Pending Sale
        11/14/2019 4:45:00 PM New in Database Source New Value: $410,000

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        **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 1/28/2021 7:02:34 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.