5650 Broadway is a 3-parcel value-add'' development opportunity located in the Tahoe Park neighborhood of Sacramento. The Property currently features 3 residential units including a single-family residence on Broadway and a single-story duplex located behind the SRF, all of which are virtually new due after extensive renovations in 2023 sparing no detail and addressing all big ticket'' items such as roof, HVAC,plumbing, electrical, stucco, paint, kitchens, bathrooms, flooring, and lighting. The three existing units are currently rented for a total of$8, 450per month gross. The Property also represents significant upside in the underutilized land over its three contiguous parcels totaling.60 acres. Existing preliminary architectural plans map the construction of eight additional units including one duplex (2 units) and 6 accessory…
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The average household income in
Sacramento, CA
grew
from
$56,943
to
$65,046
in the past year. This data is an estimate based upon
182,677
households in
Sacramento, CA. The chart below presents how household income is distributed in
Sacramento, CA
in comparison to the revenue allocation amid households nationally.
Property Taxes
Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows
distribution of property taxes in
Sacramento, CA
compared to median property taxes around the country. The prevalent amount of property taxes in
Sacramento, CA
equals
$3k+
, which is
more
than the national average.