2121 Marconi Avenue

Sacramento, CA 95821

$385,000
Price
3
Beds
1
Bath
1,368 Sq. Ft.
$281 / Sq. Ft.
1,368
Sq. Ft.
$281
per Sq. Ft.

Description

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...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.
  1. Listed by Muhammad Chaudhary • DRE #02075532 • KW CA Premier - Sacramento

Property Details for 2121 Marconi Avenue

Parking Features
Uncov Prkng Spc (1)
Architectural Style
Traditional
Zoning
C-2
View Description
City, City Lights

Location

Listing Courtesy of KW CA Premier - Sacramento, Muhammad Chaudhary, DRE #02075532
Add your commute
LISTING UPDATED: 02/27/2024 12:18 PM

Property Details for 2121 Marconi Avenue

StatusActive
MLS #223082464
Days on Compass246
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1940
Lot Size0.16 AC / 6,969 SF
CountySacramento County

Location

Listing Courtesy of KW CA Premier - Sacramento, Muhammad Chaudhary, DRE #02075532
Add your commute

Building Information for 2121 Marconi Avenue

Stories1Year Built1940Building Size-Lot Size0.16 AC / 6,969 SF

Payment Calculator

$2,369 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,101

Property Taxes

$268

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2121 Marconi Avenue

Summary
Location and General Information
  • Area/District: 10821
  • Area Short Display: 10821
  • Cross Street: Howe Ave.
  • City: Sacramento
  • County: Sacramento
  • State: CA
  • Zip Code: 95821
  • Zip Plus 4: 1505
  • Directions to Property: I-80 Business North, Take exit at Marconi Avenue East, Property Address will be on the Left after passing one signal.
Taxes and HOA Information
  • APN: 266-0170-026-0000
  • City Transfer Tax Rate: .00%
  • County Transfer Tax Rate: .00%
  • Association: No
  • Association Fee: $.00
School Information
  • School District (County): Sacramento
  • Elementary School District: San Juan Unified
  • Middle or Junior School District: San Juan Unified
  • Senior High School District: San Juan Unified
Parking
  • Carport Spaces: 0
  • Garage Spaces: 1
  • Total Parking Spaces: 0
  • Open Parking Spaces: 0
  • Parking Fee $: 0.0
Virtual Tour
  • Virtual Media Count: 0
Property
Lot Information
  • Square Footage: 1368.0
  • Square Footage Source: Owner
  • Year Built Source: Assessor Agent-Fill
  • Lot Size Acres: 0.16
  • Lot Size Source: Assessor Auto-Fill
  • Lot Size Square Feet: 6970.0
  • Lot Features: Street Lights
Property and Assessments
  • Irrigation: Public District
  • Year Built: 1940
  • Picture Count: 2
  • Photos Provided By: Copy Existing Photo
  • Elevation: 0
  • Property Disclaimer: All measurements and calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. <BR> All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. <BR> Copyright</A> &copy; 2024, MetroList Services, Inc. <BR> Any offer of compensation in the real estate content on this site is made exclusively to Broker Participants of the MetroList® MLS & Broker Participants of any MLS with a current reciprocal agreement with MetroList® that provides for such offers of compensation.
  • Census Tract: 62.02
Green Features
  • Green Verification Year: 0
Utilities
  • Sewer: Public Sewer
  • Utilities: Public
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Stucco, Frame
  • Driveway/Sidewalks: Sidewalk/Curb/Gutter
  • Foundation: Raised
  • Stories: 1
  • Levels: One
  • Main Level: Bedroom(s), Kitchen
  • Horse Property: No
  • Pool: No
  • Roof: Composition
  • Senior Community: No
Interior Features
  • Heating: Other
  • Laundry Features: See Remarks
  • # of Fireplaces: 1
  • Bath Features: See Remarks
  • Cooling: Other
  • Electric: See Remarks
  • Flooring: Other
  • Entry Level: 0
  • Fireplace Features: Living Room
  • Possible Bedrooms: 0.0
  • Bedrooms: 3
  • Bathrooms: 1.0
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • # of Rooms: 0
Room Information
Living
  • Living Room Features: Other
Dining
  • Dining Room Features: Space in Kitchen
Kitchen
  • Kitchen Features: Breakfast Area
Multi Family
Multi-Family Information
  • # of Units: 0
Multi-Family Additional Information
  • 2nd Unit Approx SqFt: 0.0
  • 2nd Unit Rents for: $.00
  • 2nd Unit Bedrooms: 0
Mobile/Manufactured Home
  • Remodeled/Updated: Unknown

Property History for 2121 Marconi Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2121 Marconi Avenue

Taxable ValueLand$104,560Additions$155,539Total$260,099
Tax Record2023$3,216 ($268 / month)
Home Facts
Beds3Baths1Total Finished SqFt1,356 SqFtAbove Grade Finished SqFt1,356 SqFtStories1Lot Size6,970 SqFtStyleSingle Family ResidenceYear Built1940ZoningC-2CountySACRAMENTOAPN266-0170-026-0000Fireplace TypeHas Fireplace

Schools near 2121 Marconi Avenue

This home is within San Juan Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 12
Charter - K to 5
Charter - 6 to 12
Rating
School
Distance
Dyer-Kelly Elementary School
PublicK to 5

Encina Preparatory High School
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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2121 Marconi Avenue is a single family home for sale in Sacramento, CA 95821. This property was listed for sale on August 25, 2023 by KW CA Premier - Sacramento, it's currently listed at $385,000. It has been on the market for a total of 246 days and was last sold on March 23, 2021. This listing's school district is San Juan Unified School District. Nearby schools include Dyer-Kelly Elementary School, Encina Preparatory High School and Aspire Alexander Twilight College Preparatory Academy. 2121 Marconi Avenue is a 3-bed, 1-bath, 1,368 sqft single family home built in 1940.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of KW CA Premier - Sacramento, Muhammad Chaudhary, DRE #02075532

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