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  • $389,500

    2129 Marconi Ave, Sacramento, CA 95821

    4beds
    1,452sqft
    Multi Family, Single Family Residence
    Built in 1940
    6,969.6 Square Feet Lot
    $415,900 Zestimate®
    $268/sqft
    $2,739 Estimated rent

    Home value

    $415,900

    $387,000 - $445,000

    $2,739/mo

    Zestimate® history
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    What's special

    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    AZ Chaudhary DRE #02075532 916-892-9949,

    KW Sac Metro

    Bought with:

    Geneva Autry, DRE #01968605

    Big Block Realty North

    Source: MetroList Services of CA,MLS#: 223082504Originating MLS: MetroList Services, Inc.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Dining room
    • Features: Space in Kitchen
    Kitchen
    • Features: Breakfast Area
    Heating
    • Electric, See Remarks
    Cooling
    • Other
    Appliances
    • Laundry: See Remarks
    Features
    • Flooring: Carpet, Laminate
    • Has fireplace: No
    Interior area
    • Total interior livable area: 1,452 sqft

    Property

    Parking
    • Parking features: No Garage
    Features
    • Stories: 1
    Lot
    • Size: 6,969 sqft
    • Features: Shape Regular
    Details
    • Parcel number: 26601700240000
    • Zoning description: C-2
    • Special conditions: Offer As Is,Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional
    • Property subtype: Multi Family, Single Family Residence
    Materials
    • Frame, See Remarks
    • Foundation: Raised
    • Roof: Composition
    Condition
    • Year built: 1940

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Public

    Community & neighborhood

    Location
    • Region: Sacramento

    Other

    Other facts
    • Price range: $389.3K - $389.5K

    Price history

    DateEventPrice
    9/23/2024Sold$389,500-8.4%$268/sqft
    Source: MetroList Services of CA #223082504 Report a problem
    9/3/2024Pending sale$425,000$293/sqft
    Source: MetroList Services of CA #223082504 Report a problem
    2/8/2024Listed for sale$425,000$293/sqft
    Source: MetroList Services of CA #223082504 Report a problem
    2/2/2024Pending sale$425,000$293/sqft
    Source: MetroList Services of CA #223082504 Report a problem
    10/12/2023Price change$425,000-2.3%$293/sqft
    Source: MetroList Services of CA #223082504 Report a problem
    8/26/2023Listed for sale$435,000+81.3%$300/sqft
    Source: MetroList Services of CA #223082504 Report a problem
    3/23/2021Sold$240,000$165/sqft
    Source: MetroList Services of CA #20068666 Report a problem
    3/12/2021Pending sale$240,000$165/sqft
    Source: MetroList Services of CA #20068666 Report a problem
    3/6/2021Listing removed--
    Source: MetroList Services of CA Report a problem
    2/23/2021Pending sale$240,000$165/sqft
    Source: MetroList Services of CA #20068666 Report a problem
    2/21/2021Listing removed--
    Source: MetroList Services of CA Report a problem
    2/9/2021Pending sale$240,000$165/sqft
    Source: MetroList Services of CA #20068666 Report a problem
    2/1/2021Listing removed--
    Source: MetroList Services of CA Report a problem
    11/14/2020Pending sale$240,000$165/sqft
    Source: eXp Realty of California Inc. #20068666 Report a problem
    11/14/2020Listed for sale$240,000-7.3%$165/sqft
    Source: eXp Realty of California Inc. #20068666 Report a problem
    6/13/2019Listing removed$259,000$178/sqft
    Source: Lyon Real Estate #19023049 Report a problem
    4/11/2019Listed for sale$259,000-3.7%$178/sqft
    Source: Lyon RE Fair Oaks #19023049 Report a problem
    10/3/2018Listing removed$269,000$185/sqft
    Source: Better Homes and Gardens RE #18019573 Report a problem
    4/2/2018Listed for sale$269,000+3.9%$185/sqft
    Source: Better Homes and Gardens RE #18019573 Report a problem
    9/18/2017Listing removed$259,000$178/sqft
    Source: Waterman Real Estate #17025468 Report a problem
    9/1/2017Listed for sale$259,000+213.9%$178/sqft
    Source: MetroList Services, Inc. #17025468 Report a problem
    11/27/2000Sold$82,500$57/sqft
    Source: MetroList Services of CA #152018786 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,754 +47.5%$389,250 +52.8%
    2024$3,224 +2.6%$254,689 +2%
    2023$3,141 +0.6%$249,696 +2%
    2022$3,121 +101.6%$244,800 +113.2%
    2021$1,548 +2%$114,825 +1%
    2020$1,518 +2%$113,649 +2%
    2019$1,488 +1.5%$111,421 +2%
    2018$1,467 +1.1%$109,238 +2%
    2017$1,451 +6.7%$107,097 +2%
    2016$1,360 +3.7%$104,998 +1.5%
    2015$1,311 $103,421 +2%
    2014$1,311 $101,396 +0.5%
    2013-- $100,939 +2%
    2012-- $98,961 +2%
    2011-- $97,021 +0.8%
    2010-- $96,297 +1.8%
    2008-- $94,636 +2%
    2007-- $92,781 +2%
    2006-- $90,963 +2%
    2005-- $89,181 +2%
    2004-- $87,434 +1.9%
    2003-- $85,833 +2%
    2002-- $84,150 +2%
    2001-- $82,500 +194.1%
    2000-- $28,051

    Find assessor info on the county website

    Neighborhood: Del Paso Park

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $415,900
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    Estimated market value
    $415,900