• Marconi Avenue Sacramento, CA 95821

  • $5,500,000

  • Bed(s)
  • 0
    Baths
  • 0
    Sq Ft

We are pleased to present The Palms apartment complex at 2421 Marconi Avenue in Sacramento, CA. This 45-unit complex is a strong value-add opportunity that consists of all one-bedroom units. The Palms apartments consists of two buildings with wood frame, brick and stucco exterior on 1.27 acres. This complex was built in 1954 with a pitched roof, common area courtyard, on-site laundry, along with ample parking in the rear. Each unit features wall heat/air, gas stove and electric appliances with residents responsible for the utilities within their units. Don't miss this opportunity!

Property Type :

ResidentialIncome

County :

Sacramento

Style :

ResidentialIncome

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Property Details

 

Water/Sewer

Sewer: Public Sewer

Interior Features

Laundry Features: Washer/Dryer Owned

Flooring Information

Varies by Unit

Heating & Cooling

Heating: Wall Furnace

Cooling: Wall Unit(s)

Water Source: Meter on Site

Building Information

Year Built: 1954

Stories: 2

Construction: Brick,Stucco

Foundation Details: Slab

Exterior Features

Foundation Details: Slab

Laundry Features

Washer/Dryer Owned

Lot Information

Lot Description: None

Lot Square Feet: 55,321

Stories: 2

Property Information

Property Type: ResidentialIncome

Sub Type: 5 or More Units

Construction Materials: Brick,Stucco

Property Age: 70

Cross Street: Wright Street

Source Neighborhood: 10821

Postal Code Plus 4: 4812

Area: Sacramento S: 95821

Zoning: RD-30

Structure Type: Garden Apartments

Farm Info

Irrigation Source: Meter on Site

Listing Price Information

Listing Id: 223109979

List Price: $5,500,000

Tax Information

Parcel Number: 268-0140-034

Parking Information

Parking Total: 45

Off Street

Homeowners Association Information

Association YN : No

Calculated Total Monthly Association Fees : $0

School Information

Elementary School District: Sacramento Unified

Junior High School District: Sacramento Unified

Senior High School District: Sacramento Unified

Utility Information

Natural Gas Connected,Electric

Location Information

Direction: Take the exit toward Reno/I-80-BL E onto I-80-BR E (Capital City Fwy). Take exit 12B toward Auburn Blvd/Bell Street onto Auburn Blvd. Turn right onto Fulton Ave. Turn right onto Marconi Ave.

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Marconi Avenue, Sacramento, CA,95821 $435,000 3 1 1,349 --
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ByOwner last updated this listing 05/22/2024 @ 19:32

MLS: 223109979
LISTED BY: Matthew Sarro, Collier's International CA, Inc.
SOURCE: MLS Metrolist
Buyer Agency Compensation: 1.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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