5652 Broadway, Sacramento, CA 95820, Sacramento, 95820 - 4 bed, 2 bath
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Sacramento, CA 95820
This High-Potential Investment Opportunity is listed at a List Price of $950,000, which aligns with the $950,000 Fair Market Value. Featuring a Mint Condition Rating following 2023 interior renovations, this Duplex Asset offers immediate stability with significant upside. The 19,200 SF lot includes preliminary plans for six additional ADUs, providing a clear path to forced appreciation. With recent capital improvements to all major systems, this property is an ideal acquisition for Buy-and-Hold Investors or Developers seeking to maximize density in the Tahoe Park submarket.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5652 Broadway Subject | $950,000* List Price | 4 | 2 | 2,080 | $457 | - |
A 5652 Broadway Active | $950,000 List Price | 4 | 2 | 2,080 | $457 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property underwent a comprehensive interior renovation in 2023, including brand-new kitchens, bathrooms, and flooring. Additionally, all major systems (roof, electrical, plumbing, and windows) were updated within the last 10 years, placing it in mint, move-in-ready condition with no deferred maintenance.
The oversized 19,200 SF lot includes preliminary plans for six additional ADUs, offering a rare opportunity to transform a duplex into a high-density, eight-unit income property.
The property features 2023 interior updates to kitchens and bathrooms, along with critical long-term improvements to the roof, electrical, plumbing, and windows, reducing immediate capital expenditure.
Situated in the heart of Tahoe Park, the property benefits from a high-demand rental submarket known for its strong community appeal and proximity to Sacramento's central amenities.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =19200, other record lot size in square feet = 6400.
The current in-place cap rate of 4.45% may be considered low for some investors, making the property's value heavily dependent on future development rather than immediate cash flow.
While preliminary plans exist, the transition to an eight-unit site requires significant additional capital, permitting, and construction management, which may be a barrier for passive investors.
5652-5654 Broadway is a one of one investment and development opportunity located in the heart of Tahoe Park. The property features a single-story duplex situated on a 12,800 SF parcel of land plus an additional 6,400 SF parcel located behind the duplex, for a total parcel size of 19,200 SF (.44 Acres). The interiors of both units were renovated in 2023 including new kitchens, bathrooms, flooring, lighting, and interior paint. Additionally, several big ticket capital improvements have been completed within the last ten years including the roof, gutters, dual pane windows, plumbing work, electrical wiring and panels, exterior stucco, and exterior paint. Each unit currently benefits from a fenced front and backyard, as well as a large shared parking area that is accessed via gated driveway off Broadway. The ownership has thoughtfully completed preliminary plans to construct six (6) additional ADUs on the residual land surrounding the duplex for a total of 8 units. The market rent for both units is $2,650 per month which results in a in-place cap rate of 4.45%.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 2.5 | 50% |
| Square foot | 2,080 | 1,765 | 50% |
| Lot Size | 19,200 | 12,213.5 | 50% |
| Price | $950.0K | $757.5K | 50% |
| Price per sq ft | $457 | $423 | 50% |
| Built year | 1954 | 1936 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 39 | 119 | 50% |
May 12, 2026
$950,000
Initial Listing
Sep 1, 2021
$850,000
Public Record