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7273 Luther Drive Sacramento, CA 95823

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For Sale
$1,200,000

0.79 AC Single Infill Parcel

Property size:
34,560 SF
Lot size:
0.79 Acres
Added:
May 21, 2025
Days on Market:
316
Last Refresh:
Mar 16 at 9:06 am

Property Features for 7273 Luther Drive

General Information

Standard status
Active
Property type
Residential income homes, Other residential income properties, Residential land & home lots, Investment properties, Residential income properties, Land
Size
34,560 SF
Elevators
N/A
Lot size
0.79 Acres

Building Details

Buildings
1
Stories
3
Units
24

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Listing Contact
Intero Headquarters

Listing agent Intero

Listing office

Listing date May 21, 2025


Overview

Infill Parcel in Sacramento

This 0.79-acre infill parcel is located in the city of Sacramento. Situated within an Opportunity Zone, the parcel is zoned R-3 and has full approval and entitlement for a three-story, 24-unit senior multifamily building. The proposed development, Luther Gardens, Apartment for Seniors, presents an opportunity to capitalize on the increasing demand for senior housing. The location offers proximity to medical facilities, shopping centers, schools, freeways, and public transportation.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Residential income homes

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Sacramento
County
Sacramento
State
California
Longitude
-118.755997
Latitude
36.7014631

FAQs

What type of property is this?
Residential income home - 0.79 AC Single Infill Parcel
Where is this residential income home located?
The property is located at 7273 Luther Drive Sacramento, CA.
What is the asking price?
The asking price for this property is $1,200,000.
More about this property
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