2129 Marconi Avenue, Sacramento, CA 95821
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 offe
Features
| Construction | Frame, See Remarks |
| DisplayIDX | Yes |
| Domestic Water | Public |
| Heat | Electric, See Remarks |
| Horse Property | No |
| Pool | No |
| School Name 1 | San Juan Unified |
| School Name 2 | San Juan Unified |
| Status | Active |
| Stories | 1 |
| Style Description | Traditional |
| Subtype Description | Detached |
Community Info
Local Schools | |
Local Utilities | Recreation |
Restaurants | Home and Garden |
Schools
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By searching you agree to the Terms of Use. 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 2018 MetroList Services, Inc.
Updated on 9/19/2024
Property Information
- MLS:
- 223082504
- Type:
- 2 Houses on Lot
- Year Built:
- 1940
- Interior:
- 1,452
- Lot Size:
- 0.16
- Bedrooms:
- 4
- Bathrooms:
- 2 Full
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All information furnished regarding property for sale, rental, comparables or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice.