Two-Unit Duplex with Owned
New
For Sale
$718,950
1025 Las Palmas Avenue, Sacramento, CA 95815
Both residences feature three bedrooms, two bathrooms, interior laundry, and open-concept living areas.
Property Size2,394 SF
Price / SF$300.31
Days on Market6
Property Features for 1025 Las Palmas Avenue
General Information
Standard status
Active
Size
2,394 SF
Total Parking Spaces
2
Property subtype
Residential Income
Zoning
R-1
Site & Location
Neighborhood
South Hagginwood
Highway Access
Yes
Road Access
Yes
Units
Unit Mix
1 x 3BR/2BA (1,395 SF), 1 x 3BR/2BA (999 SF)
Multifamily Units
2
Amenities
in-unit laundry
solar system
landscaped
Fenced Yard
Building Details
Year Built
2026
Buildings
1
Stories
1
Units
2
Listing Agency:
Davenport Properties
2235255
Listed By:
Kellee Davenport · License #01489625
(209) 304-3620
Source:
Davenportsold
Added: Oct 19
Changed: Oct 24
Last Checked: Oct 23 at 5:13PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Davenport Properties
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Investment Insights
Based on property information with market context.
Completed in 2026, this single-story duplex contains two homes totaling 2,394 square feet. The larger residence spans 1,395 square feet, with three bedrooms and two bathrooms; the second has 999 square feet and the same bedroom and bathroom count. Each includes interior laundry and a one-car garage, with additional off-street parking. Interior finishes include laminate flooring, quartz kitchen counters, oak-tone cabinetry, GE appliances, and tiled showers and floors.
Heat pump HVAC and water-heating systems serve both residences, complemented by an owned solar system and LED lighting. The fully fenced grounds have landscaped areas and concrete walkways. Zoned R-1, the property is on a quiet street with access to I-80 and is less than 15 minutes from Downtown Sacramento. Natomas Marketplace, shopping, dining, and entertainment are nearby.
Heat pump HVAC and water-heating systems serve both residences, complemented by an owned solar system and LED lighting. The fully fenced grounds have landscaped areas and concrete walkways. Zoned R-1, the property is on a quiet street with access to I-80 and is less than 15 minutes from Downtown Sacramento. Natomas Marketplace, shopping, dining, and entertainment are nearby.
Key Highlights
- Two residences provide 2,394 square feet combined: 1,395 square feet and 999 square feet
- Each unit has 3 bedrooms, 2 bathrooms, interior laundry, and a 1‑car garage
- Built in 2026; single‑story duplex
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,858
Cap Rate
5.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$817,160
$817.2K
Cap Rate 7%
$583,686
$583.7K
Cap Rate 9%
$453,978
$454.0K
Market Conditions
NOI Build-Up for 2,394 SF
Gross rent
$61.8K $25.80/SF
− Vacancy
−$3.4K −$1.42/SF
EGI
$58.4K $24.38/SF
− OpEx
−$17.5K −$7.31/SF
NOI
$40.9K $17.07/SF
Area
Sacramento, CA
Vacancy
5.50%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$817,160
Cap Rate 7%
$583,686
Cap Rate 9%
$453,978
Alternative Uses
Best Use
Multifamily LT 5
$583.7K
$510.7K – $681.0K
NOI $40,858 @ 7.0% cap · market cap 5.68%
Second Best
Apartment 5plus
$537.2K
$470.1K – $626.8K
NOI $37,605 @ 7.0% cap · market cap 5.23%
Theoretical Best
Specialty Retail
$643.3K
$562.9K – $750.5K
NOI $45,031 @ 7.0% cap · market cap 6.26%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
695
Businesses Nearby
Explore this area
Business Placement
Demographics for 95815, CA
27,838
Population
10,527
Households
2.6
Avg Household Size
34
Median Age
17%
College-Educated
79%
High-School Grad
7.7 sq mi
ZIP Area
3,615
Density / Sq Mi
$58,590
Median Household Income
$37,199
Median Earnings
$1,448
Median Rent
$298,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences feature three bedrooms, two bathrooms, interior laundry, and open-concept living areas.
Where is this duplex located?
The property is located at 1025 Las Palmas Avenue Sacramento, CA.
What is the asking price?
The asking price for this property is $718,950.
What are key features of this property?
This property features: Two residences provide 2,394 square feet combined: 1,395 square feet and 999 square feet; Each unit has 3 bedrooms, 2 bathrooms, interior laundry, and a 1‑car garage; Built in 2026; single‑story duplex
