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.
Active
Price increase: $66K (10/11)
$895,000
2720 Forrest St, Sacramento, CA 95815
6beds
--sqft
Est.:
5 or More Units
Built in 1958
-- sqft lot
$896,600 Zestimate®
$--/sqft
$-- HOA
What's special
Large lotVacant lotGranite kitchen countertopsWalk-in closetNew bathroom vanitiesCeiling fans
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