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Property view

2129 Marconi Avenue, 
Sacramento, CA 95821

$389,250

4

Beds

2

Baths

1,452

Sq Ft

Single Family

Sold

Listed by

Muhammad Chaudhary

Bought with Big Block Realty North

Kw Ca Premier - Sacramento

MLS#

223082504

Source:

MFMLS

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About This Home

2129 Marconi Avenue

INVESTOR'S FANTASY An exceptional opportunity emerges to acquire property lining Marconi Ave with C-2 Commercial zoning, boasting the potential for subsequent commercial development. There is also the potential to enhance rental income upto $250,000 by adding Additional Dwelling Units (ADUs) on each lot, leveraging the CalHFA grant of up to $40,000 for ADU pre-development. This portfolio is strategically situated within the Opportunity Zone - tax deferral program for capital gain and enjoys a substantial average daily traffic (ADT) of 26,926 vehicles along Marconi Ave. In reference to other listings, the portfolio encompasses 8 residential units(4 SFR, 2 DUPLEXES) dispersed across 6 lots. These properties are identified as 2117, 2121, 2125, 2129, 2133, 2137 Marconi Avenue, Sacramento. The portfolio generates income through the rental of 1 Commercial Sign Board. Altogether, these properties, including the Sign Board, yield a gross rental income of $150,000.00. Refer to the attached offering memorandum.

Home Facts

Single Family

2 Baths

4 Bedrooms

Built in 1940

Price Summary

425,000

$292 per Sq. Ft.

MLS #:

223082504

Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

1,452 Sq. Ft.

Structure

Structure

Year Built:

1940

Lot

Lot Size (Sq. Ft):

6,969

Finances & Disclosures

Finances

Price:

$425,000

Price per Sq. Ft:

$292 per Sq. Ft.

MLS Logo
MetroList MLS 2026. This information is being provided by MetroList MLS. All measurements and calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data Updated: October 2, 2024. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Any offer of compensation is made only to Participants of MLS where the subject listing is filed and in accordance with such MLS's regulations or rules.