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2355-2365 El Camino Ave
Sacramento, CA 95821
Office Property For Sale
INVESTMENT HIGHLIGHTS
- Located in an opportunity zone offering investors a potential tax free exit following their hold period
- Monument signage viewable by 25,167 cars per day
- Strong household demographics in neighboring Sierra and Arden Oaks
EXECUTIVE SUMMARY
Turton Commercial Real Estate is pleased to present the opportunity to acquire fee simple interest in 2355 + 2365 El Camino Avenue (“The Property”), as an existing owner-user office opportunity or residential conversion play. The 21,250 square foot parcel of land features two office buildings totaling 7,882 square feet with a common atrium and ample parking. Current ownership has plans submitted for a conversion to a nine unit multifamily residential project, which are currently under review by Sacramento County's Planning Department. This Project would include an expansive renovation to The Property while maintaining current structure and existing infrastructure including plumbing & electrical, creating the opportunity for a low-cost conversion leading to an extremely stable cash flowing investment.
PROPERTY FACTS
Sale Type
Owner User
Property Type
Office
Property Subtype
Medical
Building Size
9,599 SF
Building Class
C
Year Built
1973
Price
$1,688,454 CAD
Price Per SF
$175.90 CAD
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
4,000 SF
Slab To Slab
10’
Building FAR
0.42
Lot Size
0.53 AC
Opportunity Zone
Yes
Zoning
BP
Parking
19 Spaces (4 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
PROPERTY TAXES
| Parcel Number | 268-0323-034 | Improvements Assessment | $256,528 CAD |
| Land Assessment | $304,627 CAD | Total Assessment | $561,155 CAD |
PROPERTY TAXES
Parcel Number
268-0323-034
Land Assessment
$304,627 CAD
Improvements Assessment
$256,528 CAD
Total Assessment
$561,155 CAD
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