7273 Luther Drive, Sacramento, CA 95823

$1,200,000 Approx. USD 0 beds, 0 baths

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Brochure

Photo of Jimmy Harmantzis

Marketed By Jimmy Harmantzis REALTOR® - Broker Associate 949-212-2023 m
949-212-2023 o
Lic#: 01234982
NRDS ID: 641526390
JimmyHarmantzis@bhhscal.com Mission Viejo Office
23120 Alicia Parkway, Suite 100
Mission Viejo, CA 92692
Phone: 949-768-1000
Fax: 949-587-0915

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Agent Remarks

An infill developer/investor opportunity to acquire a .79/acre single infill parcel in the City of Sacramento. Located within an Opportunity Zone, this parcel is zoned R-3 and is fully approved and entitled for a three-story, 24 unit senior multifamily building. The proposed development, Luther Gardens, Apartment for Seniors; offers a fantastic opportunity to capitalize on the growing demand for senior housing in an neighborhood with close proximity to medical facilities, shopping centers, schools, freeways, and public transportation.

Listing Details

Property type: (Commercial)

Status: Active

MLS# ML81997951

Price: $1,200,000

HOA Fee is $0.00

0.79 acres

Lot size: 0.7934

County: Sacramento

Zoning: R-3

MLS area: 699 - Not Defined

Last Updated: 4/25/2025