Two-Unit
New
For Sale
$329,900
1111 Center Avenue, Dos Palos, CA 93620
Two one-bedroom residences sit on a lot with room for additional construction.
Property Size1,102 SF
Price / SF$299.36
Days on Market4
Property Features for 1111 Center Avenue
General Information
Standard status
Active
Size
1,102 SF
Property subtype
Multi-Family
Units
Unit Mix
2 x 1BR/1BA
Multifamily Units
2
Building Details
Year Built
1954
Listing Agency:
Trotter Properties
Listed By:
Inspired Real Estate Group Inc
(916) 622-5341
Source:
Inspiredrealestategroup
Added: Oct 4
Changed: Oct 6
Last Checked: Oct 5 at 5:50PM
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 Trotter Properties
Investment Insights
Based on property information with market context.
This 1954 duplex contains two residences, each with one bedroom, one bathroom, a family room and a kitchenette. The property totals 1,102 square feet and occupies a spacious lot with room for future expansion.
The site is within walking distance of town amenities, including schools, a bank, restaurants and entertainment. A park and library are one block away.
The site is within walking distance of town amenities, including schools, a bank, restaurants and entertainment. A park and library are one block away.
Key Highlights
- Two units, each with 1 bedroom, 1 bathroom, a family room and kitchenette
- 1,102‑square‑foot duplex built in 1954
- Lot offers room for future expansion
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.
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
265
Businesses Nearby
Explore this area
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
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 one-bedroom residences sit on a lot with room for additional construction.
Where is this duplex located?
The property is located at 1111 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 kitchenette; 1,102‑square‑foot duplex built in 1954; Lot offers room for future expansion
