371 Ford Rd, Sacramento, CA 95838, Sacramento, 95838 - 1 bed, 1 bath
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371 Ford Rd
Sacramento, CA 95838
ACTIVE
CONDITION: TEAR DOWN
1Beds
1Baths
308Sq Ft
23,566Lot Size
Property Price
LIST PRICE$650,000
SUMMARY
Exceptional development and investment opportunity situated on an expansive, flat 23,522 sq. ft. parcel (over half an acre) in an established residential neighborhood. Coveted R-2B multi-family zoning allows for building an apartment complex, multi-unit residential enclave, pocket townhomes, or a private family compound for generational living. The existing 560 sq. ft. residential cottage provides in-place utility infrastructure (water, electric, gas) and serves as an active rental asset or staging anchor during planning and site development. Central location convenient to local parks, shopping plazas, schools, major freeway corridors, Downtown Sacramento, and the airport. PORTFOLIO ASSEMBLAGE OPPORTUNITY: Can be acquired individually or assembled with contiguous parcels at 363 Ford Road and 365 Ford Road to create a premier ~0.85-acre contiguous high-density development site. Buyer(s) to verify all info and details. Landscape changes seasonally. Photos are digitally altered.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Tear down
TeardownExcellent
Property is land value only, full reconstruction required.
Built in 1936, this structure is 90 years old with no recorded renovations. The listing explicitly focuses on the land's high-density multi-family development potential, framing the small 560 sq. ft. cottage primarily as a staging anchor with existing utility infrastructure, indicating the value is almost entirely in the land.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 23566, living area = 308.
- Flexible Multi-Family Zoning
The expansive, flat 23,522 sq. ft. lot features coveted R-2B multi-family zoning, allowing for diverse high-density development options including apartments, townhomes, or a private family compound.
- Portfolio Assemblage Potential
The property offers a rare opportunity to be purchased alongside contiguous parcels at 363 and 365 Ford Road, creating a premier ~0.85-acre high-density development site.
CONSRISKS & DEFICIENCIES
- Premium Land Pricing
Priced at $650,000 primarily for its development potential, the cost is high relative to the tiny, dated 1936 cottage, requiring substantial additional capital investment to realize full value.
- Low-Rated Local Schools
The immediate neighborhood public schools, such as Fairbanks Elementary and Martin Luther King Jr. Technology Academy, have low performance ratings, which may detract from the appeal for future family tenants or buyers.
About 371 Ford Rd
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1936
- Lot Size
- 23,566 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sacramento Unified Schools
Fairbanks Elementary School
Grades K-6 • 0.3 mi
2/10
Del Paso Heights Elementary School
Grades K-6 • 0.5 mi
3/10
Noralto Elementary School
Grades K-2 • 0.7 mi
0/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 308 | 1,541.53 |
| Lot Size | 23,566 | 6,320.667 |
| Price | $650.0K | $503.2K |
| Price per sq ft | $2.1K | $331 |
| Built year | 1936 | 1975 |
| HOA | $0 | $130 |
| Days on market | 30 | 47 |
Pricing History
Listed for Sale
Sep 24, 2026
$650,000
Initial Listing
Sold
Jul 11, 2014
$125,000
Public Record
Sold
Mar 5, 2013
$115,000
Public Record