2288 Marconi Avenue, Sacramento, CA 95821, Sacramento, 95821 - 3 bed, 3 bath
Loading property details...
Sacramento, CA 95821
This property presents a High-Potential Investment Opportunity with a List Price of $550,000—positioned well above the $522,508 Fair Market Value by -5%. Featuring two separate 3-bed, 2.5-bath residences on a 12,197 sq ft lot, this Dual-Income Asset offers significant upside despite its Condition Rating of 5. While the property requires extensive repairs due to vandalism, the modern infrastructure of the newly constructed ADU and renovated main home provides a solid foundation. This is an ideal acquisition for Buy-and-Hold Investors or Contractors seeking a value-add project with multi-family potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2288 Marconi Avenue Subject | $550,000* List Price | 3 | 3 | 1,411 | $370 | - |
A 2229 Juliesse Avenue Active | $410,000 List Price | 3 | 1 | 1,229 | $334 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Although the main house was renovated and an ADU was built within the last 2 years, the property has suffered significant vandalism damage requiring extensive repairs and a cash-only purchase, placing it in the rehab category.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12197, living area = 1411.
The property features two separate 3-bedroom, 2.5-bathroom homes on a single lot, offering an exceptional opportunity for high rental yield, multi-family living, or a live-in-one-rent-the-other strategy.
With the ADU newly constructed and the main home fully renovated only two years ago, the property benefits from contemporary layouts and updated utility systems that provide a strong foundation for restoration.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1411, other record living area = 2609. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 6.
Both residences have sustained extensive damage from vandalism, necessitating a substantial capital injection and a comprehensive renovation plan to return the units to their full potential.
The current distressed condition largely limits the buyer pool to cash investors, as the property may not qualify for traditional financing without significant pre-closing repairs.
Calling all investors or anyone looking earn sweat equity. This property includes two spacious 3 bed homes on a large lot. Perfect for rental income, multi-family living, or live in one and rent the other out for supplemental income! The front home features 3 beds 2.5 baths with 1,494 sq ft. The ADU in the rear (2292 Marconi Ave) was newly constructed approximately 2 years ago (buyer to verify), and also features 3 beds 2.5 baths, 1,200 sq ft. The main home was fully renovated approximately 2 years ago as well, including new flooring, kitchens, bathrooms, and more. Each home is separately metered and there is a large pull through driveway with tons of parking for both properties, including potential RV access. However both homes suffered significant damage from vandalism and will need extensive repairs to bring them back to their full potential. In its current condition it will require a cash offer, however the seller is willing to consider financed offers with necessary repairs to be completed prior to closing, with a sufficiently priced offer.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.7 mi
Grades K-6 • 6.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 1,411 | - |
| Lot Size | 12,197 | - |
| Price | $550.0K | $505.7K |
| Price per sq ft | $390 | $341 |
| Built year | 1940 | 0 |
| HOA | $0 | $0 |
| Days on market | 13 | 42 |
Jul 9, 2026
$550,000
Initial Listing
Oct 6, 2022
$333,000
Public Record
Dec 17, 2007
$268,000
Public Record