Duplex with Second
111 Garretson Ave Rodeo, CA 94572
111 Garretson Ave, Rodeo, CA, 94572
$650,000
For Sale
$650,000
Duplex with a primary residence and a second unit offering legal income potential.
Property Size1,412 SF
Price / SF$460.34
Days on Market38
Property Features for 111 Garretson Ave
General Information
- Standard status
- Active
- Size
- 1,412 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1912
Listing agency
Garin Real Estate
(650) 619-3219
Listed by
Yovany Acosta · License #02095932
(650) 619-3219
Source
Exitrealty
Added: Jun 15 Updated: Jul 21 at 10:22PM Checked: Jul 22 at 6:45AM
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 Garin Real Estate
Investment Insights
Based on property information with market context.
This duplex includes a comfortable primary residence plus a second unit with legal income potential, allowing for multiple living or rental configurations. The property is offered for sale at $650,000.
Located at 111 Garretson Ave in Rodeo, CA, the duplex provides an owner-occupant option to live in one unit and rent the other, or to use both units as an investment.
With a total property size of 1,412 square feet, this is a straightforward residential income property designed to support both day-to-day living and rental income.
Located at 111 Garretson Ave in Rodeo, CA, the duplex provides an owner-occupant option to live in one unit and rent the other, or to use both units as an investment.
With a total property size of 1,412 square feet, this is a straightforward residential income property designed to support both day-to-day living and rental income.
Key Highlights
- Duplex with a primary residence plus a second unit
- Second unit has legal income potential
- Built in 1912
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 | $36.4k | $25.80 |
| − Vacancy | −$1.9k | −$1.34 |
| EGI | $34.5k | $24.46 |
| − OpEx | −$10.4k | −$7.34 |
| NOI | $24.2k | $17.12 |
1,412 SF · lease $25.80/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$345.4K
$302.2K – $402.9K
NOI $24,175 @ 7.0% cap · market cap 3.72%
Second Best
Apartment 5plus
$320.7K
$280.6K – $374.1K
NOI $22,446 @ 7.0% cap · market cap 3.45%
Theoretical Best
Office A
$533.7K
$467.0K – $622.7K
NOI $37,362 @ 7.0% cap · market cap 5.75%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Duplex with a primary residence and a second unit offering legal income potential.
Where is this duplex located?
The property is located at 111 Garretson Ave Rodeo, CA.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Duplex with a primary residence plus a second unit; Second unit has legal income potential; Built in 1912
