A long-vacant lot on a lively street in Sacramento’s North Oak Park neighborhood is set to become an apartment building.
Ibex Ventures plans to build a three-story 33-unit apartment building at the lot next toBroadway Coffee, near the intersection of Broadway and Alhambra Boulevard, according to an application filed with the city this month.
The units will be market-rate, with four affordable units for tenants making up to 80% area median income, the application said. That level is currently at $72,050 for a person living alone…