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2421 Marconi Ave
Sacramento, CA 95821
The Palms · Multifamily Property For Sale
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45 Units
Investment Highlights
- • Two buildings with ample parking
- • Large lot at 1.27 acres
- • Strong infill submarket, Arden-Arcade
- • Major value-add opportunity
- • Pitched roof and on-site laundry
- • Proximity to jobs, restaurants, and entertainment
Property Facts
| No. Units | 45 | Building Size | 24,700 SF |
| Property Type | Multifamily | Average Occupancy | 58% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1954 |
| Building Class | C | Parking Ratio | 2/1,000 SF |
| Lot Size | 1.27 AC | ||
| Zoning | RD30, Sacramento | ||
| No. Units | 45 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.27 AC |
| Building Size | 24,700 SF |
| Average Occupancy | 58% |
| No. Stories | 2 |
| Year Built | 1954 |
| Parking Ratio | 2/1,000 SF |
| Zoning | RD30, Sacramento |
Amenities
Unit Amenities
- Heating
- Ceiling Fans
- Kitchen
- High Speed Internet Access
- Refrigerator
- Walk-In Closets
Site Amenities
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Property Manager on Site
- Gated
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | $1,250 | 500 |
| 1+1 | 44 | $1,088 | 550 |
Property Taxes
| Parcel Number | 268-0140-034 | Improvements Assessment | $4,355,400 |
| Land Assessment | $1,152,600 | Total Assessment | $5,508,000 |
Property Taxes
Parcel Number
268-0140-034
Land Assessment
$1,152,600
Improvements Assessment
$4,355,400
Total Assessment
$5,508,000
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