2137 Marconi Avenue, Sacramento, CA 95821, Sacramento, 95821 - 3 bed, 1 bath
2137 Marconi Avenue
Sacramento, CA 95821
Property Price
SUMMARY
Analysis of 2137 Marconi Avenue, Sacramento, CA 95821 reveals a property with a current list price of $419,388, which is 19% above the estimated $337,305 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Sacramento Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2137 Marconi Avenue Subject | $419,388* List Price | 3 | 1 | 1,343 | $251 | - |
A 2371 Saint Francis Drive Sold | $423,000 | 3 | 2 | 1,471 | $288 | 0.6 mi |
B 2208 Burney Way Sold | $365,000 | 2 | 1 | 1,224 | $298 | 0.5 mi |
C 2257 Edison Avenue Pending | $339,000 List Price | 3 | 2 | 1,290 | $263 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
The property was built in 1940, making it over 80 years old. While a new roof is mentioned, there are no interior images or descriptions of recent renovations to the kitchen, bathrooms, or other living spaces. The listing's focus on C-2 zoning, Opportunity Zone benefits, and development potential, coupled with the property analysis explicitly stating the 'Age of Existing Structure' as a weakness suggesting 'significant renovation costs,' indicates the interior is likely outdated and requires substantial repairs and rehabilitation to be comfortably livable.
PROSSTRENGTHS & OPPORTUNITIES
- Strategic Zoning & Tax Benefits
The property boasts C-2 zoning and is located within an Opportunity Zone, offering significant tax advantages and broad development potential for commercial or mixed-use projects.
- High-Visibility Location
Situated on prime Marconi Avenue with over 26,000 daily vehicles, the property benefits from unmatched exposure, ideal for commercial ventures and future growth.
- Diverse Income Streams
Includes an existing billboard lease generating $560/month with automatic 2.5% annual increases, plus substantial potential for ADU rental income up to $40,000 annually.
CONSRISKS & DEFICIENCIES
- Uncertainty of ADU Grant Funding
The CalHFA grant program for ADU pre-development costs requires buyer verification, indicating potential hurdles or unavailability of funds, placing the burden and risk on the buyer.
- Age of Existing Structure
Built in 1940, the existing residential structure is old, suggesting potential for significant renovation costs beyond the new roof, especially if converting to commercial use or upgrading for modern standards.
- Overpriced Relative to Estimation
The current listing price of $419,388 is notably higher than the property's estimated value of $385,849.615, which may indicate an aggressive pricing strategy or a disconnect with current market residential valuations.
About 2137 Marconi Avenue
Investor's Dream in Sacramento! Prime Marconi Avenue location with C-2 zoning and Opportunity Zone benefits, offering excellent tax advantages and strong development potential. Positioned on a high-visibility corridor with over 26,000 daily vehicles, this property presents unmatched exposure and long-term upside. Current and future income potential make this a rare find. The existing structure features a brand-new roof (March 2025) and the property includes a billboard lease generating $560/month with automatic 2.5% annual increases. Investors can further maximize returns with the option to add Additional Dwelling Units (ADUs), potentially boosting rental income by up to $40,000 annually, while leveraging the CalHFA grant program offering up to $40,000 for ADU pre-development costs, (Buyer to verify about the Requirement and availability of Funds. Seller is not responsible). Whether held for cash flow or developed for future commercial use, this property offers unmatched potential in a rapidly evolving Sacramento market. Don't miss this one-of-a-kind opportunity to secure a high-exposure asset with multiple income streams and long-term upside. The property sits on the Neighbouring Hard Corner Commercial Property (Auto-Use).
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1940
- Lot Size
- 6,970 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sacramento Unified Schools
Dyer-Kelly Elementary School
Grades K-5 • 0.3 mi
Harry Dewey Fundamental Elementary School
Grades K-6 • 6.7 mi
Encina Preparatory High School
Grades 6-12 • 1.9 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 24% |
| Square foot | 1,343 | 1,602 | 34% |
| Lot Size | 6,970 | 10,019 | 21% |
| Price | $419.4K | $508.0K | 23% |
| Price per sq ft | $312 | $324 | 45% |
| Built year | 1940 | 1954 | 2% |
| HOA | $0 | $0 | 50% |
| Days on market | 197 | 164 | 71% |
Pricing History
Listed for Sale
Aug 22, 2025
$419,388
Initial Listing
Sold
Mar 23, 2021
$247,000
Public Record