2121 Marconi Avenue, Sacramento, CA 95821 | MLS 223082464 | Listing Information | Berkshire Hathaway HomeServices NorCal Real Estate | Berkshire Hathaway HomeServices NorCal Real Estate
FOR SALE
$385,000  

2121 Marconi Avenue
Sacramento, CA 95821

Single Family
Residential
3
Beds
1
Baths
1,368
Sq. Ft.
0.16
Acres Lot
Courtesy: KW CA Premier - 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 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.
223082464
Single Family, Traditional, 1 Story
3
Sacramento
1 Full
1940
0.16 Acres
Public
1
Frame,Stucco
Public Sewer
1,368 Sq. Ft.
Yes  - 1 space
School Information
Sacramento
Bathrooms
1
Total:1
Detailed Room Information
Living Room
Fireplace
Interior Features
Fireplaces
1. Living Room.
Exterior / Lot Features
Parking
1 Garage Spaces.
Exterior
Stucco, Frame
Roof
Composition
Zoning
C-2
Financial Considerations
266-0170-026-0000
Courtesy: KW CA Premier - Sacramento
All measurements and all calculations of area (i.e., Sq Ft and Acreage) are approximate. Broker has represented to MetroList that Broker has a valid listing signed by seller authorizing placement in the MLS. Above information is provided by Seller and/or other sources and has not been verified by Broker. Copyright 2021 MetroList Services, Inc. Based on information from MetroList Services, Inc. IDX provided by Constellation Web Solutions.
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