Updated Duplex with Two
10427 El Mercado Drive Rancho Cordova, CA 95670
10427 El Mercado Drive, Rancho Cordova, CA, 95670
$598,000
For Sale
$598,000
A 2,069-square-foot duplex with two updated units, each with central forced air and an attached one-car garage.
Property Size2,150 SF
Lot Size0.15 Acres
Price / SF$278.14
Days on Market56
Property Features for 10427 El Mercado Drive
General Information
- Standard status
- Active
- Size
- 2,150 SF
- Lot size
- 0.15 Acres
- Property subtype
- Multi Family
Building Details
- Year Built
- 1975
Listing agency
Vivaldi Real Estate
(916) 241-5556
Listed by
Steven T. Vivaldi · License #01005107
(916) 241-5556
Source
Exitrealty
Added: May 29 Updated: Jul 23 at 3:54AM Checked: Jul 23 at 3:54AM
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 Vivaldi Real Estate
Investment Insights
Based on property information with market context.
This updated duplex includes two separate residences in a 2,069-square-foot layout. Unit 10427 offers 2 bedrooms and 1 bathroom with central forced air heating, along with an attached one-car garage. Unit 10429 offers 2 bedrooms and 2 bathrooms, also with central forced air heating and an attached one-car garage. The property has seen improvements including a new roof and exterior paint, and both interiors have been updated in the past with newer kitchens.
The duplex is located in Rancho Cordova, very near Highway 50 access. Set on a 6,534-square-foot lot, the property includes a rear yard.
The duplex is within the Folsom-Cordova Unified school district, and it’s described as move-in ready rather than a fixer.
The duplex is located in Rancho Cordova, very near Highway 50 access. Set on a 6,534-square-foot lot, the property includes a rear yard.
The duplex is within the Folsom-Cordova Unified school district, and it’s described as move-in ready rather than a fixer.
Key Highlights
- 2,069 SF duplex built in 1975 with two residential units, each with central forced air heating
- Unit 10427: 2BD/1BA, 981 SF, updated interior with a newer kitchen
- Unit 10429: 2BD/2BA, 1,169 SF, updated interior with a newer kitchen
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $47.7k | $22.20 |
| − Vacancy | −$3.1k | −$1.43 |
| EGI | $44.6k | $20.77 |
| − OpEx | −$13.4k | −$6.23 |
| NOI | $31.3k | $14.54 |
2,150 SF · lease $22.20/SF/yr · vacancy 6.46% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$446.5K
$390.7K – $520.9K
NOI $31,253 @ 7.0% cap · market cap 5.23%
Second Best
Apartment 5plus
$410.0K
$358.7K – $478.3K
NOI $28,698 @ 7.0% cap · market cap 4.80%
Theoretical Best
Office A
$572.8K
$501.2K – $668.2K
NOI $40,094 @ 7.0% cap · market cap 6.70%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - A 2,069-square-foot duplex with two updated units, each with central forced air and an attached one-car garage.
Where is this duplex located?
The property is located at 10427 El Mercado Drive Rancho Cordova, CA.
What is the asking price?
The asking price for this property is $598,000.
What are key features of this property?
This property features: 2,069 SF duplex built in 1975 with two residential units, each with central forced air heating; Unit 10427: 2BD/1BA, 981 SF, updated interior with a newer kitchen; Unit 10429: 2BD/2BA, 1,169 SF, updated interior with a newer kitchen
