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$359,000   Price Analysis
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2125 Marconi Ave
Sacramento, CA 95821
2 bed 1 bath 718 SqFt ($500/SqFt)
6,970SqFt lot. Built 1940
Listed 2023-08-26, Taxes $2,566		Ⓧ USDA Ineligible
due to location
near Sacramento

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 ach 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 acro ss 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.


Presented by Muhammad Chaudhary at
Keller Williams Realty.


Property MLS #223082498 from MetroList

Bedrooms: 2

Full Bathrooms: 1

Interior Amenities: Main Level : Bedroom(s), Family Room, Kitchen
Flooring: Carpet, Laminate

Heating Features: Electric

Kitchen Features: Breakfast Area

Lot Description: Shape Regular, Street Lights
Lot Size Acres: 0.16
Lot Size Square Feet: 6970

Garage Spaces: 1
Garage Description: Attached

Road Responsibility: Public Maintained Road
Roads: Asphalt

Association: No
Calculated Total Monthly Association Fees: 0

Elementary School District: San Juan Unified
High School District: San Juan Unified
Middle or Junior School District: San Juan Unified

Dyer-Kelly Elementary School is a public elementary school located approximately 0.4 miles away.
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Encina Preparatory High School is a public middle and high school located approximately 1.8 miles away.
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St. Philomene is a private elementary and middle school located approximately 0.7 miles away.
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Source Listing Status: Active
County: Sacramento
Cross Street: Howe Ave.
Directions: I-80 Business North, Take exit at Marconi Avenue East, Property Address will be on the Left after passing one signal.
Distance To Bus Comments: On Transit Line
Source Property Type: Residential
Distance To Shopping Comments: On Street
Area: Sacto Arden/Arcade Creek/Vicinit
Source Neighborhood: 10821
Parcel Number: 266-0170-025-0000
Zoning: C-2
Property Subtype: Single Family Residence
Source System Name: C2C

YearAssessments
Building + Land
Total		Tax
2022$116,916 + $86,063
$202,979		$2,566
2021$66,114 + $48,711
$114,825		$1,501
2020$65,437 + $48,212
$113,649		$1,472
2019$64,154 + $47,267
$111,421		$1,443
2018$62,897 + $46,341
$109,238		$1,423
2017$61,664 + $45,433
$107,097		$1,408
2016$60,455 + $44,543
$104,998		$1,319
2015$59,547 + $43,874
$103,421		$1,295
2014$58,381 + $43,015
$101,396		$1,271
2013$58,118 + $42,821
$100,939		$1,271
2012$56,979 + $41,982
$98,961		$1,185
2011$55,862 + $41,159
$97,021		$1,157
2010$55,445 + $40,852
$96,297		$1,124
2009$55,577 + $40,950
$96,527		$1,117
2008$54,488 + $40,148
$94,636		$1,095
2007$53,420 + $39,361
$92,781		$1,071

Price Changed 2023-10-12
$359,000
MetroList
Listed 2023-08-26
$365,000
MetroList
Listed 2021-03-26
$199,000
MetroList
Sold 2021-03-23
$199,000
MetroList
Relisted 2021-03-12
$199,000
MetroList
Listing removed 2021-03-06
$199,000
MetroList
Relisted 2021-02-23
$199,000
MetroList
Listing removed 2021-02-21
$199,000
MetroList
Relisted 2021-02-09
$199,000
MetroList
Listing removed 2021-02-01
$199,000
MetroList
Relisted 2020-11-24
$199,000
MetroList
Listing removed 2020-11-21
$199,000
MetroList
Listed 2020-11-14
$199,000
MetroList
Listing removed 2019-10-16
$199,000
MetroList
Listed 2019-04-11
$199,000
MetroList
Listing removed 2019-02-05
$225,000
MetroList
Listing removed 2018-09-16
$225,000
MetroList
Listed 2018-03-17
$225,000
MetroList
Sold 2000-11-27
$82,500
Public Record

Irrigation Source: Public District

Year Built: 1940
Construction Materials: Frame
Foundation Details: Raised
Levels: One
Living Area Source: Owner
Property Age: 84
Roof: Roof Description:Composition
Levels or Stories: 1
Structure Type: Detached
House Style: Traditional

Sewer: Public Sewer
Public
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.