2137 Marconi Avenue, Sacramento, CA 95821, Sacramento, 95821 - 3 bed, 1 bath
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Sacramento, CA 95821
This High-Exposure Commercial/Residential Asset is listed at $419,388, reflecting a strategic premium over its $336,888 Fair Market Value due to C-2 Zoning and Opportunity Zone tax advantages. While carrying a Condition Rating of 5 that necessitates substantial renovation, the property provides immediate cash flow via an existing Billboard Lease generating $560/month. With a New Roof and significant potential for ADUs yielding up to $40,000 annually, the site offers massive redevelopment upside on a high-visibility corridor. This is a strategic acquisition for Commercial Developers or Portfolio Investors.
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 2257 Edison Avenue Sold | $320,000 | 3 | 2 | 1,290 | $248 | 0.4 mi |
B 2500 Ethan Way Sold | $335,000 | 2 | 1 | 836 | $401 | 0.6 mi |
C 2500 Valley Road Sold | $315,000 | 3 | 1 | 1,040 | $303 | 0.7 mi |
D 2213 Dunlap Drive Pending | $345,000 List Price | 3 | 2 | 1,549 | $223 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
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'Age of Existing Structure' as a weakness suggesting 'significant renovation costs,' indicates the interior is likely outdated and requires substantial repairs and rehabilitation to be comfortably livable.
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.
Situated on prime Marconi Avenue with over 26,000 daily vehicles, the property benefits from unmatched exposure, ideal for commercial ventures and future growth.
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.
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.
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.
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.
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).
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-6 • 6.7 mi
Grades 6-12 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 24% |
| Square foot | 1,343 | 1,619 | 34% |
| Lot Size | 6,970 | 10,019 | 19% |
| Price | $419.4K | $522.0K | 23% |
| Price per sq ft | $312 | $335 | 39% |
| Built year | 1940 | 1955 | 4% |
| HOA | $0 | $0 | 50% |
| Days on market | 244 | 181 | 91% |
Aug 22, 2025
$419,388
Initial Listing
Mar 23, 2021
$247,000
Public Record