5429 Marconi Ave
Carmichael, CA 95608
(on 2.30 acres)
Local Information
-- mins to
Description
Colliers is seeking a qualified developer to acquire this unique 2.3 acre (100,187 SF) development site zoned RD-40/ RD-10 which allows for a dense two/three-story multifamily development. The subject property currently has a 1,102 SF single family home on-site that could be generating nearly $1,800-$2,000 while the next owner works through the entitlement process. The suggested use for this site would be to build out a 70-75 unit affordable or market rate multifamily site per the allowable zoning.
5429 Marconi Ave, Carmichael, CA 95608 is a lot/land. It last sold for $980,000 on Jun 28, 2023 (2% below the $1,001,870 asking price). It is currently off market. The Trulia Estimate rent is $1,577/month.
Home Highlights
Parking
No Info
Outdoor
No Info
HOA
None
Price/Sqft
No Info
Listed
180+ days ago
Home Details for 5429 Marconi Ave
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MLS Status: Closed |
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Appliances & Utilities Utilities: Public, Natural Gas Available |
Fireplace & Spa No Fireplace |
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Exterior Home Features Vegetation: NoneOther Structures: Residence |
Frontage Road Frontage: City Street, Other |
Water & Sewer Sewer: Public Sewer |
Surface & Elevation Topography: Level |
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Property Type / Style Property Type: LandProperty Subtype: Residential Lot |
Property Information Usage of Home: Residential |
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Price List Price: $1,001,870Price Range: $980,000 - $1,001,870 |
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Direction & Address City: Carmichael |
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Association for this Listing: MetroList Services, Inc. |
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Lot Area: 2.3 Acres |
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Special Conditions: Standard |
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Mobile Home Park Mobile Home Units: Feet |
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Mls Number: 223005829 |
Last check for updates: about 3 hours ago
Listed by Matthew Sarro DRE #01942991, (916) 616-5267
Collier's International
Bought with: Jaya Borole DRE #02075267, (916) 761-2954, Real Estate Source Inc
Originating MLS: MetroList Services, Inc.
Source: MetroList Services of CA, MLS#223005829
Price History for 5429 Marconi Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 06/28/2023 | $980,000 | Sold | N/A |
| 03/28/2023 | $1,001,870 | Pending | MetroList Services of CA #223005829 |
| 01/26/2023 | $1,001,870 | Listed For Sale | MetroList Services of CA #223005829 |
| 12/20/2022 | ListingRemoved | MetroList Services of CA #222138076 | |
| 11/02/2022 | $1,299,000 | Listed For Sale | MetroList Services of CA #222138076 |
Market trends in Carmichael
Last updated May 2026
Avg. sale price
$561K
$13.33KMoM
Sale-to-List Price
100.2%
0.3%MoM
Price per sq ft
$323
$2MoM
Available listings
206
14MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $11,796 |
| Assessment | $967,572 |
Home facts updated by county records
Comparable Sales for 5429 Marconi Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
1.27 | Lot/Land | $675,000 | 03/30/26 | - | - | ||
1.40 | Lot/Land | $1,725,000 | 04/10/26 | - | - | ||
3.76 | Lot/Land | $700,000 | 10/28/25 | - | - | ||
4.33 | Lot/Land | $200,000 | 12/12/25 | - | - |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 5429 Marconi Ave.
What Locals Say about Carmichael
At least 477 Trulia users voted on each feature.
87 % Say it's dog friendly
84 % Say car is needed
77 % Say parking is easy
75 % Say there are sidewalks
73 % Say yards are well-kept
68 % Say there's holiday spirit
62 % Say it's walkable to grocery stores
61 % Say it's quiet
56 % Say it's walkable to restaurants
56 % Say they plan to stay for at least 5 years
56 % Say kids play outside
51 % Say neighbors are friendly
48 % Say people would walk alone at night
47 % Say there's wildlife
39 % Say streets are well-lit
27 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
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