For Sale
$1,248,000

5720 Riverside BlvdSacramento, CA 95822

1.75 Acres, RD-1 Zoning, Sacramento

Overview

Added:
Dec 11, 2024
Days on market:
114
Exceptional 1.75-acre commercial and residential land parcel located at 5720 Riverside Boulevard, Sacramento, CA 95822. This property, identified by APN 029-0021-046, offers significant development potential. Currently zoned RD-1, the site encompasses approximately 76,230 square feet, with approximately 45,010 square feet of developable land. An existing 804-square-foot single-family home is situated on the property, presenting options for rental income during any potential rezoning or entitlement process. The property's strategic location in Sacramento County provides access to key transportation routes and amenities. A suggested rezoning to RD-30 could unlock the potential for a 30-unit multifamily development, catering to market-rate or affordable housing needs. Investors have multiple avenues for maximizing returns, including leasing the existing home, leasing the entire land parcel, or pursuing the rezoning and development of a multifamily project. This versatile property presents a unique opportunity for a discerning buyer seeking a prime location with substantial upside potential. The asking price is $1,248,000.

Property Details for 5720 Riverside Blvd

Property type
Land
Lot Size (sq. ft)
76,230 SF

Location Insight

City
Sacramento
County
Sacramento
State
California
Latitude
38.5236618
Longitude
-121.5225381
5720 Riverside Blvd, Sacramento, California

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5720 Riverside Blvd
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