2031 30th Street, Sacramento, CA 95817, Sacramento, 95817 - 7 bed, 6 bath

2031 30th Street, Sacramento, CA 95817 home-pic-0
ACTIVE$1,495,000
2031 30th Street, Sacramento, CA 95817
7Beds
6Baths
2,800Sqft
8,950Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Significant Investment & Development Potential: The property offers a rare investment opportunity with three nearly completed multi-level townhomes and four undeveloped parcels, providing immediate marketability and substantial future development potential.
Top Cons:
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =8950, other record lot size in square feet = 1610.

Compared to the nearby listings

Price:$1.50M vs avg $630.0K (+$865,000)90%
Size:2,800 sqft vs avg 1,844 sqft80%
Price/sqft:$534 vs avg $35690%

More Insights

Condition: This property consists of newly built, modern townhomes with contemporary design and new systems, including mini-split AC units. While the listing states 'nearly completed' and the images show unfinished flooring, kitchen, and bathroom areas (lacking cabinets, appliances, and fixtures), the underlying construction quality is clearly excellent. The visible components are new, and the final finishes, once installed, will bring the property to a high-end, excellent standard, aligning with the 'newly built' and 'all components are new or virtually new' criteria for an excellent rating.
Year Built
Close
-
List price
$1.5M
Original List price
-
Price/Sqft
$534
HOA
$0
Days on market
-
Sold On
-
MLS number
225079759
Home ConditionExcellent
Features
View-

About this home

Located in Sacramento's vivid Alhambra Triangle, this project is a rare investment opportunity centered around a trio of beautifully designed, nearly completed multi-level townhomes! These striking contemporary residencesUnits 5, 6, and 7 of the seriesare the current showpieces of a planned 7-unit complex. With construction almost finalized on these, buyers or investors can take advantage of a high-quality urban lifestyle experience while exploring the development potential of the remaining property. Each townhome features clean, modern lines, wide-plank flooring, extensive windows for abundant natural light, and flexible, multi-story layouts. Units 5 and 6 each offer approximately 1,200 sq ft of stylish interiors, while the larger Unit 7 spans an impressive 1,600 sq ft. All three domiciles are designed with an attached garage and a versatile ground-level bedroom with a refreshing ensuite ideal for guests, rental income, or a remote office setup. In addition to these near-complete townhouses, the remaining four parcels are undeveloped, giving investors a blank canvas to achieve their own vision of the next phase in the saga of this establishment. Whether sold individually or as a bundle, the finished segments provide immediate marketability with high-end appeal.

Price History

Date
Event
Price
04/30/01
Sold
$10,000
07/22/05
Sold
$205,000
03/09/04
Sold
$150,000
Condition Rating
Excellent

This property consists of newly built, modern townhomes with contemporary design and new systems, including mini-split AC units. While the listing states 'nearly completed' and the images show unfinished flooring, kitchen, and bathroom areas (lacking cabinets, appliances, and fixtures), the underlying construction quality is clearly excellent. The visible components are new, and the final finishes, once installed, will bring the property to a high-end, excellent standard, aligning with the 'newly built' and 'all components are new or virtually new' criteria for an excellent rating.
Pros & Cons

Pros

Significant Investment & Development Potential: The property offers a rare investment opportunity with three nearly completed multi-level townhomes and four undeveloped parcels, providing immediate marketability and substantial future development potential.
Modern & High-Quality Construction: The completed townhomes feature striking contemporary design, clean lines, wide-plank flooring, extensive windows for natural light, and high-end appeal, attracting modern tenants or buyers.
Strong Income Generation Potential: Each townhome includes a versatile ground-level bedroom with an ensuite, ideal for rental income, guests, or a remote office setup, aligning with its 'Residential Income' property type.
Desirable Urban Location: Located in Sacramento's 'vivid Alhambra Triangle,' indicating a sought-after, vibrant urban neighborhood with strong appeal for residents.
Attached Garages & Functional Layouts: All three completed townhomes are designed with an attached garage and flexible, multi-story layouts, enhancing convenience and livability for future occupants.

Cons

MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =8950, other record lot size in square feet = 1610.
Significant Remaining Development Required: Only three of the seven planned units are 'nearly completed,' meaning substantial investment, time, and effort are still needed to develop the remaining four parcels, which may deter buyers seeking fully finished projects.
Ambiguous Square Footage Information: There is a discrepancy between the total square footage listed (2800 sqft) and the sum of individual unit sizes described (4000 sqft for the three completed units), which requires clarification and could lead to buyer confusion.
Niche Market Appeal: The property is explicitly positioned as an 'investment opportunity' and 'project,' limiting its appeal primarily to developers or experienced investors rather than typical residential homebuyers looking for immediate occupancy.

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