
Sacramento, CA 95821
This property presents a High-Potential Investment Opportunity with a List Price of $348,888—positioned well below the $341,119 Fair Market Value by -2%. Featuring C-2 Commercial Zoning and Opportunity Zone status, this asset offers significant upside for redevelopment and tax-advantaged growth. With a Condition Rating of 5, the structure requires substantial rehabilitation, yet the 6,970 sqft lot provides clear potential for ADU expansion. This is a strategic acquisition ideal for Buy-and-Hold Investors or Commercial Developers seeking to maximize long-term rental yield and land value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2117 Marconi Avenue Subject | $348,888* List Price | 2 | 1 | 1,098 | $311 | - |
A 3328 Marlene Drive Sold | $330,000 | 3 | 1 | 1,001 | $330 | 0.7 mi |
B 2500 Ethan Way Sold | $335,000 | 2 | 1 | 836 | $401 | 0.6 mi |
C 2137 Marconi Avenue Active | $413,888 List Price | 3 | 1 | 1,343 | $308 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1940, this property features a kitchen and bathroom with finishes (tile, cabinetry, and fixtures) that appear to be 30-50 years old. The listing's heavy emphasis on commercial zoning and redevelopment potential further indicates that the current structure requires significant rehabilitation or is valued primarily for its land.
The C-2 Commercial zoning provides significant flexibility for future commercial development, making this a versatile asset for long-term investors.
Situated within a designated Opportunity Zone, the property offers potential capital gains tax incentives, enhancing its appeal for qualified investment portfolios.
The property includes potential for ADU development on the 6,970 sqft lot, offering a clear path to increasing rental yield and overall property value.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1098, other record living area = 1066. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 3.
The local assigned schools, such as Encina Preparatory and Dyer-Kelly Elementary, carry low ratings (2/10), which may deter families and impact residential resale value.
Built in 1940, the structure likely requires significant modernization or repairs to meet current market standards, necessitating additional upfront capital.
INVESTOR'S FANTASY! Amazing opportunity to own properties along Marconi Ave with C-2 Commercial zoning, offering potential for subsequent commercial development. The portfolio includes four residential units with additional potential to increase rental income through ADU development. These Properties are identified as 2117, 2125, 2121 & 2137 Marconi Avenue, Sacramento, CA 95821. Strategically located within an Opportunity Zone, providing potential capital gains tax benefits for qualified investors.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-6 • 6.7 mi
Grades 6-12 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,098 | 1,540.857 |
| Lot Size | 6,970 | 6,330.116 |
| Price | $348.9K | $508.1K |
| Price per sq ft | $318 | $333 |
| Built year | 1940 | 1975 |
| HOA | $0 | $128 |
| Days on market | 5 | 45 |
Sep 4, 2026
$348,888
Initial Listing
Mar 23, 2021
$199,000
Public Record