Sacramento, CA 95815,2720 Forrest ST
Sacramento, CA 95815,2720 Forrest ST
Sacramento, CA 95815,2720 Forrest ST
Sacramento, CA 95815,2720 Forrest ST
Sacramento, CA 95815,2720 Forrest ST
Sacramento, CA 95815,2720 Forrest ST
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$ 895,000
Est. payment | /mo

0.47 Acres Lot


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$ 895,000
Est. payment | /mo
Save

0.47 Acres Lot

Key Details

Property Type Multi-Family

Sub Type 5 or More Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 225131926

HOA Y/N No

Year Built 1958

Lot Size 0.470 Acres

Acres 0.47

Property Sub-Type 5 or More Units

Source MLS Metrolist

Property Description

We are pleased to present 2720 Forrest Street, a 6-unit multifamily community centrally located in North Sacramento. This subject property sits on 0.47 acres with 3,150 rentable square feet. In the rear of this single-story complex there is a large vacant lot which could be ideal to take advantage of California Senate Bill 1211 which is a law that expands the ability to build additional ADU's on multifamily properties. The subject property allows for an additional six detached ADU's on site without any further parking requirements. There are six-1bedroom units which have each been remodeled by the current owner. Upgrades include granite kitchen countertops, new bathroom vanities, tile in the kitchen and dining area, with carpet in the living room and bedroom. Ceiling fans have been included in the bedroom and each unit has a walk-in closet. All stoves are gas with other appliances being electric and wall/heat air systems in the living area. There is a significant development opportunity due to the City of Sacramento's missing middle housing ordinance. It is rare to acquire such a large lot that comes with an income producing apartment complex as one package.

Location

State CA

County Sacramento

Area 10815

Direction On Forrest Street and Eleanor Avenue in Sacramento CA

Rooms

Other Rooms Unit-1 Approx SqFt: 525 Bedrooms: 6 Full Baths: 6 Total Rooms: 1 Rent: 1280 SqFt Source: Owner

Interior

Heating Wall Furnace

Cooling Window Unit(s)

Flooring Varies by Unit

Laundry Washer/Dryer Owned

Exterior

Parking Features Off Street, See Remarks

Utilities Available Natural Gas Connected

Water Access Desc Meter on Site

Total Parking Spaces 6

Building

Lot Description Other

Story 1

Foundation Concrete

Sewer Public Sewer

Water Meter on Site

Schools

Elementary Schools Sacramento Unified

Middle Schools Sacramento Unified

High Schools Sacramento Unified

School District Sacramento

Others

Senior Community No

Tax ID 263-0132-027

Special Listing Condition None

MetroList® Services, Inc
Listed by Collier's International
Kelly Pleasant

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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2720 Forrest ST