2125 Marconi Avenue, Sacramento, CA

$359,000

Previous Next

2

Beds

1

Bath

718

Square feet

0.16

Acres

About 2125 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.

Features of 2125 Marconi Avenue

MLS® # 223082498
Price $359,000
Bedrooms 2
Bathrooms 1.00
Full Baths 1
Square Footage 718
Acres 0.16
Year Built 1940
Type Residential
Sub-Type Single Family Residence
Style Traditional
Status Active

Community Information

Address 2125 Marconi Avenue
Area 10821
City Sacramento
County Sacramento
State CA
Zip Code 95821

Amenities

Utilities Public
Parking No Garage,Attached
# of Garages 1
Has Pool No

Interior

Heating Electric,See Remarks
Cooling See Remarks
Fireplace No
Stories One
Has Basement No

Exterior

Lot Description Shape Regular,Street Lights
Roof Composition
Construction Frame,See Remarks
Foundation Raised

School Information

Attendance Zone DYER-KELLY ELEMENTARY SCHOOL, ENCINA PREPARATORY HIGH SCHOOL
District San Juan Unified
Elementary San Juan Unified
Middle San Juan Unified
High San Juan Unified

Additional Information

Zoning C-2
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeKW CA Premier - Sacramento

Listing Map

Listing Schools/Amenities