Updated Duplex on Corner
For Sale
$550,000
10767 Carlos Way, Rancho Cordova, CA 95670
Two residences are currently occupied, with one unit renovated and the other maintained in its existing condition.
Property Size1,731 SF
Price / SF$317.74
Days on Market38
Property Features for 10767 Carlos Way
General Information
Standard status
Active
Size
1,731 SF
Property subtype
Multi-Family
Occupancy
100%
Additional Details
Multifamily Units
2
Building Details
Year Built
1963
Listing Agency:
Lpt Realty, Inc
(916) 622-5341
Listed By:
Inspired Real Estate Group Inc
(916) 622-5341
Source:
Inspiredrealestategroup
Added: Jul 23
Changed: Aug 29
Last Checked: Aug 29 at 10:32AM
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 Lpt Realty, Inc
Investment Insights
Based on property information with market context.
This two-unit residential property contains 1,731 square feet and was constructed in 1963. The units offer different improvement profiles: one has been fully updated, while the second has been maintained. Both residences are currently rented.
The duplex occupies a corner lot at 10767 Carlos Way in Rancho Cordova, California. Its two-unit configuration and existing occupancy provide a straightforward residential income property format.
The duplex occupies a corner lot at 10767 Carlos Way in Rancho Cordova, California. Its two-unit configuration and existing occupancy provide a straightforward residential income property format.
Key Highlights
- Two‑unit property totaling 1,731 square feet
- Corner‑lot location at 10767 Carlos Way
- One unit has been fully updated
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$25,162
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.57%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$503,240
$503.2K
Cap Rate 7%
$359,457
$359.5K
Cap Rate 9%
$279,578
$279.6K
Market Conditions
NOI Build-Up for 1,731 SF
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.
Gross rent
$38.4K $22.20/SF
− Vacancy
−$2.5K −$1.43/SF
EGI
$35.9K $20.77/SF
− OpEx
−$10.8K −$6.23/SF
NOI
$25.2K $14.54/SF
Area
Sacramento County, CA
Vacancy
6.46%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$503,240
Cap Rate 7%
$359,457
Cap Rate 9%
$279,578
Alternative Uses
Best Use
Multifamily LT 5
$359.5K
$314.5K – $419.4K
NOI $25,162 @ 7.0% cap · market cap 4.57%
Second Best
Apartment 5plus
$330.1K
$288.8K – $385.1K
NOI $23,106 @ 7.0% cap · market cap 4.20%
Theoretical Best
Office A
$461.1K
$403.5K – $538.0K
NOI $32,280 @ 7.0% cap · market cap 5.87%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
270
Businesses Nearby
Explore this area
Business Placement
Demographics for 95670, CA
57,988
Population
22,779
Households
2.5
Avg Household Size
38
Median Age
32%
College-Educated
89%
High-School Grad
12.9 sq mi
ZIP Area
4,495
Density / Sq Mi
$90,414
Median Household Income
$47,271
Median Earnings
$1,693
Median Rent
$463,100
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two residences are currently occupied, with one unit renovated and the other maintained in its existing condition.
Where is this duplex located?
The property is located at 10767 Carlos Way Rancho Cordova, CA.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Two‑unit property totaling 1,731 square feet; Corner‑lot location at 10767 Carlos Way; One unit has been fully updated
