Property Map
Street View
Courtesy of KW CA Premier – Sacramento.
Description
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.
Property Details and Features
Listing
- Source: Metrolist
Appliances & Equipment
- Microwave
Bathrooms
- 1 full bathroom
- See Remarks
Bedrooms
- 2 bedrooms
Building
- 1 story
- Built in 1940
- Frame
- Glass
- Wood
- Wood Siding
- Accessible Doors
- Traditional
Dining Room
- Space in Kitchen
Foundation
- Raised
Garage
- No Garage
- Uncovered Parking Space
Water Features
- Public
Heating
- Electric
- See Remarks
Interior Features
- Carpet
- Laminate
Kitchen
- Breakfast Area
Laundry
- See Remarks
Location
- Sacramento
- 10821
Lot
- 0.16 acres
- 6,970 square feet
Pool
- Pool: No
Property
- C-2
Roof
- Composition
Schools
- District: Sacramento
- Elementary School: San Juan Unified
- High School: San Juan Unified
- Middle/Junior School: San Juan Unified
Sewer
- Public Sewer
Utilities
- Public
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This data up-to-date as of May 5, 2024 06:53.