Seller's Agent in 2024
AZ Chaudhary
KW Sac Metro
(916) 280-0928
2 in this area
17 Total Sales
2129 Marconi Ave Sacramento, CA 95821
Bohemian Heights Neighborhood
4
Beds
2
Baths
1,452
Sq Ft
6,970
Sq Ft Lot Lot
Highlights
- Traditional Architecture
- Breakfast Area or Nook
- Family Room
- No HOA
- 1-Story Property
- Carpet
About This Home
As of September 2024INVESTOR'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.
Home Details
Home Type
- Single Family
Year Built
- Built in 1940
Lot Details
- 6,970 Sq Ft Lot
- Zoning described as C-2
Parking
- No Garage
Home Design
- Traditional Architecture
- Raised Foundation
- Frame Construction
- Composition Roof
Interior Spaces
- 1,452 Sq Ft Home
- 1-Story Property
- Family Room
- Breakfast Area or Nook
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Utilities
- Heating Available
Community Details
- No Home Owners Association
- Net Lease
Listing and Financial Details
- Assessor Parcel Number 266-0170-024-0000
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/23/2024 09/23/24 | Sold | $389,250 | -8.4% | $268 / Sq Ft | |
| 09/01/2024 09/01/24 | Pending | -- | -- | -- | |
| 02/27/2024 02/27/24 | For Sale | $425,000 | +9.2% | $293 / Sq Ft | |
| 02/27/2024 02/27/24 | Off Market | $389,250 | -- | -- | |
| 02/08/2024 02/08/24 | For Sale | $425,000 | 0.0% | $293 / Sq Ft | |
| 02/02/2024 02/02/24 | Pending | -- | -- | -- | |
| 10/12/2023 10/12/23 | Price Changed | $425,000 | -2.3% | $293 / Sq Ft | |
| 08/25/2023 08/25/23 | For Sale | $435,000 | +81.3% | $300 / Sq Ft | |
| 03/23/2021 03/23/21 | Sold | $240,000 | 0.0% | $331 / Sq Ft | View Prior Sale |
| 03/20/2021 03/20/21 | Off Market | $240,000 | -- | -- | |
| 03/06/2021 03/06/21 | Off Market | $240,000 | -- | -- | |
| 02/21/2021 02/21/21 | Off Market | $240,000 | -- | -- | |
| 02/01/2021 02/01/21 | Off Market | $240,000 | -- | -- | |
| 11/20/2020 11/20/20 | Off Market | $240,000 | -- | -- | |
| 11/14/2020 11/14/20 | Pending | -- | -- | -- | |
| 11/13/2020 11/13/20 | For Sale | $240,000 | -- | $331 / Sq Ft | |
| 11/13/2020 11/13/20 | Pending | -- | -- | -- |
Source: MetroList
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,224 | $389,250 | $115,000 | $274,250 |
| 2024 | $3,224 | $254,689 | $79,590 | $175,099 |
| 2023 | $3,141 | $249,696 | $78,030 | $171,666 |
| 2022 | $3,121 | $244,800 | $76,500 | $168,300 |
| 2021 | $1,548 | $114,825 | $48,711 | $66,114 |
| 2020 | $1,518 | $113,649 | $48,212 | $65,437 |
| 2019 | $1,488 | $111,421 | $47,267 | $64,154 |
| 2018 | $1,467 | $109,238 | $46,341 | $62,897 |
| 2017 | $1,451 | $107,097 | $45,433 | $61,664 |
| 2016 | $1,360 | $104,998 | $44,543 | $60,455 |
| 2015 | $1,336 | $103,421 | $43,874 | $59,547 |
| 2014 | $1,311 | $101,396 | $43,015 | $58,381 |
Source: Public Records
Agents Affiliated with this Home
-
AZ Chaudhary
-
Geneva Smith
Buyer's Agent in 2024
Geneva Smith
Grounded R.E.
(916) 719-6728
1 in this area
79 Total Sales
-
Suneet Agarwal
Buyer Co-Listing Agent in 2024
Suneet Agarwal
LPT Realty, Inc
(916) 216-7375
4 in this area
1,652 Total Sales
-
R
Seller's Agent in 2021
Russell Enyart
BAREIS Co-Op Key Office
Map
Source: MetroList
MLS Number: 223082504
APN: 266-0170-024
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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