2832 34th St - Churches FOR SALE


Sacramento, CA 95817- North Oak Park
$599,000 USD
916-883-3838
2832 34th St, Sacramento, CA for Sale
$599,000 USD
Churches - FOR SALE
1/16
null | Request Cap Rate

2832 34th St
Sacramento, CA 95817
North Oak Park


HIGHLIGHTS

  • Prime infill redevelopment site near Broadway Corridor
  • Plans submitted for 8-unit multifamily conversion
  • Corner lot with excellent visibility and access
  • Close to Midtown amenities and public transit
  • Strong upside in an improving Sacramento submarket

OVERVIEW

Positioned in the heart of Sacramento’s dynamic urban core, 2832 34th Street offers a rare infill redevelopment opportunity for investors and developers seeking strong upside potential. This ±4,778 SF property, currently configured as a religious facility, comes with submitted plans for an 8-unit multifamily conversion, including six primary units and two accessory dwelling units (ADUs). Second-round plan check corrections have already been submitted, streamlining the path toward project completion. The site’s strategic location adjacent to the revitalized Broadway Corridor places future residents within minutes of Midtown’s vibrant dining, retail, and cultural amenities. Excellent connectivity to major highways—HWY 80, HWY 50, and HWY 99—ensures convenient regional access, while proximity to public transit supports sustainable urban living. Sacramento’s continued growth and improving rental market make this property an ideal candidate for a plan-driven redevelopment that aligns with the city’s urban renewal initiatives. Whether acquired individually or as part of a larger assemblage (four lots available), this property represents a compelling opportunity to capitalize on Sacramento’s upward trajectory. With plans already in review, investors can accelerate timelines and reduce entitlement risk, positioning themselves for strong returns in a high-demand multifamily segment.

FOR SALE DETAILS

PRICE

$599,000 USD

PRICE/SF

$125 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Churches

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1912

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,407 SF

ZONING

C2

APN/PARCEL ID

010-0374-008

ASK ABOUT THIS PROPERTY

Michael YarmolyukThe Yarmolyuk PortfolioMore Info
916-883-3838

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Michael YarmolyukThe Yarmolyuk PortfolioMore Info
916-883-3838

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.