- For Sale $10,800,000
- Property Type Multi-Family
- Property Size 44,774 SF
- Units 64
- Lot Size 2.08 Acre
- Year Built 1950
- Year Renovated 1985
- Date Updated Sep 25, 2026
Description
Nestled in the heart of Carmichael, Marconi Meadows offers a peaceful retreat with convenient access to a vibrant community. Residents can explore nearby attractions like Ancil Hoffman Park, known for its scenic trails and American River views, or enjoy a round of golf at Ancil Hoffman Golf Course. The area also boasts an array of dining options, from casual eateries to upscale restaurants, providing a diverse culinary experience. With easy access to shopping centers, entertainment venues, and top-rated schools, this location provides the perfect blend of suburban tranquility and urban convenience for prospective multifamily/low-rise/garden development.The DeLoney Group is pleased to exclusively present 4730 Marconi Avenue, known as Marconi Meadows Apartments, a 64-unit garden-style multifamily community located in Carmichael, within the Sacramento metropolitan area. The property offers a mix of one- and two-bedroom apartment homes spread across several low-rise residential buildings.
The community has benefited from an ongoing renovation program, with many of the apartment interiors upgraded. Improvements have modernized the property while maintaining its established garden-style character. The remaining unrenovated or partially renovated units may provide an opportunity for a new owner to continue the renovation program and further enhance the community.
Marconi Meadows offers on-site parking and landscaped common areas and is situated along the Marconi Avenue corridor with convenient access to shopping, dining, employment centers, schools, and major Sacramento-area transportation routes.
Overall, the property represents an established Sacramento-area multifamily asset with a combination of existing improvements, stable operations, and additional value-add potential through continued interior renovations and property enhancements.
Highlights
- 46 units fully renovated
- Desirable unit mix of one- and two-bedroom apartments
- High Occupancy
- Proximity to major arterials including Business 80, Watt Ave, Howe Ave, and Fulton Ave
- SB 721 balcony inspection complete - no corrective work required
False
Contacts
Tony DeLoney
Marcus & Millichap - The DeLoney Group
Location
Located at 4730 Marconi Avenue, Carmichael, CA 95608, this property is part of the Kenneth Gardens neighborhood and Sacramento market.
Contact Listing Broker
Tony DeLoney
Marcus & Millichap - The DeLoney Group