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2133 Marconi Avenue
Sacramento, CA 95821
4
beds
2
baths
1,777
sqft
6,970
sqft lot
$267
per sqft
1940
build
–
on site
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.
Listing courtesy of METROLIST / KW CA Premier - Sacramento
Last checked:
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Last updated Apr 10, 2024
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MLS# 223082523 —
The Building
Levels:
One
Roofing:
Composition
Floors:
1
Year Built:
1940
Exterior:
Frame, Wood, Wood Siding, Other
Remodeled/Updated:
Unknown
Architecture Style:
See Remarks
Subtype:
Detached
Year Built Source:
Assessor Auto-Fill
Foundation:
Raised
Features Misc:
Fireplace, Kitchen
Main Level:
Bedroom(s), Family Room, Kitchen
Lower Level:
Bedroom(s), Family Room, Kitchen
SqFt Source:
Owner
Square Footage:
1777.00
Approximate SqFt:
672 Sqft
Approximate SqFt Source:
Owner
Interior
Living Room Features:
Other
Floor Coverings:
Carpet, Laminate
Kitchen:
Breakfast Area
Dining:
Space in Kitchen, Other
Location
Directions:
I-80 Business North, Take exit at Marconi Avenue East, Property Address will be on the Left after passing one signal.
GreatSchools scores are based on a scale from 1 to 10, where 10 is above average. The school service areas are not definitive and should only be used as guidance.
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Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date
Event
Source
Price
% Change
2/7/24
Feb 7, 2024
Relisted
METROLIST
$475,000
2/2/24
Feb 2, 2024
Pending
METROLIST
$475,000
10/12/23
Oct 12, 2023
Price Changed
METROLIST
$475,000
-2.1%
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This multifamily located in Arden - Arcade, Sacramento, CA 95821 is currently for sale for $475,000. 2133 Marconi Avenue is a 1,777 square foot multifamily with 4 beds and 2 baths that has been on Estately for 246 days. 2133 Marconi Avenue is in the Arden - Arcade neighborhood of Sacramento and has a WalkScore® of 59, making it somewhat walkable. This multifamily is in the attendance area of Dyer Kelly Elementary School, Encina Preparatory High School, and Harry Dewey Fundamental Elementary School.
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