PDF powered by eXp Commercial is pleased to present a prime value-add residential investment and development opportunity in the heart of Sacramento’s Tahoe Park neighborhood. Located at 5650 Broadway, the offering includes three contiguous parcels totaling +/- 26,170 square feet (approximately 0.60 acres), featuring a mix of income-producing residential units and the potential for additional housing density.
The property features three fully renovated rental units completed in 2023, consisting of a front-facing single-family home along Broadway and a well-finished duplex at the rear. All units are currently leased, generating additional monthly income. Renovations addressed all major systems, presenting a turnkey investment with stable in-place cash flow.
Beyond the immediate income, the property includes conceptual plans for the addition of eight new residential units, bringing the total potential unit count to eleven (11). The proposed expansion includes one newly constructed duplex and six thoughtfully designed Accessory Dwelling Units (ADUs).
This infill site is ideally positioned less than a mile from the expanding UC Davis Medical Center campus and the transformative Aggie Square development — a $1.1 billion innovation hub currently under construction and set to open May of 2025. Once complete, Aggie Square will add over 800,000 square feet of cutting-edge research, healthcare, academic, and community space to the region, driving demand from professionals seeking quality housing nearby.
With strong rental fundamentals, proximity to major employment hubs, and development-ready potential, 5650 Broadway presents a rare opportunity for investors and developers alike to capitalize on one of Sacramento’s most dynamic submarkets.