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Sacramento, CA, 95821 • Del Paso Park • Sacramento County
$268/sqft
4Beds
2Baths
1,452Sqft
0.16 acLot
1940Built
Traditional Style
Built 1940 · 86 years of history
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560 days on market
Established listing
$268/sqft
Price per square foot
Single Family · Built 1940
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.
Based on current rates
Est. 6.18% rate · 30yr fixed · $311,600 loan
Full calculator →Key facts and listing details
8 categories of property features
2 rooms detailed
Dining Room
Kitchen
Market data and value estimates
3 schools rated nearby
Sacramento, CA, 95821
22 events
25 years of records
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Sacramento, CA • Sacramento County
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