Duplex with
For Sale
$329,900
1109 Center Avenue, Dos Palos, CA 93620
R-2 zoning and a two-unit configuration support residential use.
Property Size1,102 SF
Price / SF$299.36
Days on Market10
Property Features for 1109 Center Avenue
General Information
Standard status
Active
Size
1,102 SF
Total Parking Spaces
2
Property subtype
Residential Income
Zoning
R-2
Units
Unit Mix
2 x 1BR/1BA
Multifamily Units
2
Building Details
Building Size
1,102 SF
Year Built
1954
Buildings
1
Stories
1
Units
2
Listed By:
Bob Frommelt
(530) 681-0564
Source:
Cachecreekrealty
Added: Oct 16
Changed: Oct 22
Last Checked: Oct 22 at 9:04AM
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 Bob Frommelt
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Investment Insights
Based on property information with market context.
Built in 1954, this duplex contains two units, each with one bedroom, one bathroom, a family room, and a kitchenette. The property is zoned R-2.
Town amenities include schools, a bank, restaurants, and entertainment within walking distance. A park and library are one block away.
Town amenities include schools, a bank, restaurants, and entertainment within walking distance. A park and library are one block away.
Key Highlights
- Two units, each with 1 bedroom, 1 bathroom, a family room, and a kitchenette
- R‑2 zoning
- Built in 1954
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,434
Cap Rate
4.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$288,680
$288.7K
Cap Rate 7%
$206,200
$206.2K
Cap Rate 9%
$160,378
$160.4K
Market Conditions
NOI Build-Up for 1,102 SF
Gross rent
$21.8K $19.80/SF
− Vacancy
−$1.2K −$1.09/SF
EGI
$20.6K $18.71/SF
− OpEx
−$6.2K −$5.61/SF
NOI
$14.4K $13.10/SF
Area
Merced County, CA
Vacancy
5.50%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$288,680
Cap Rate 7%
$206,200
Cap Rate 9%
$160,378
Alternative Uses
Best Use
Multifamily LT 5
$206.2K
$180.4K – $240.6K
NOI $14,434 @ 7.0% cap · market cap 4.38%
Second Best
Apartment 5plus
$191.5K
$167.6K – $223.4K
NOI $13,405 @ 7.0% cap · market cap 4.06%
Theoretical Best
Healthcare Medical
$243.1K
$212.7K – $283.7K
NOI $17,019 @ 7.0% cap · market cap 5.16%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
265
Businesses Nearby
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Business Placement
Demographics for 93620, CA
10,311
Population
3,490
Households
3
Avg Household Size
33
Median Age
11%
College-Educated
68%
High-School Grad
161.3 sq mi
ZIP Area
64
Density / Sq Mi
$49,890
Median Household Income
$34,818
Median Earnings
$1,081
Median Rent
$295,100
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 - R-2 zoning and a two-unit configuration support residential use.
Where is this duplex located?
The property is located at 1109 Center Avenue Dos Palos, CA.
What is the asking price?
The asking price for this property is $329,900.
What are key features of this property?
This property features: Two units, each with 1 bedroom, 1 bathroom, a family room, and a kitchenette; R‑2 zoning; Built in 1954
