Updated Two-Unit
For Sale
$888,000
Pending
12061208 J Street, Davis, CA 95616
Two updated residences offer private yards, in-unit laundry, storage, and carport parking near UC Davis.
Property Size2,050 SF
Days on Market340
Property Features for 12061208 J Street
General Information
Standard status
Pending
Size
2,050 SF
Property subtype
Multi Family
Taxes and HOA fees
Annual Taxes
$10,000
Building Details
Year Built
1970
Listing Agency:
Arise Realty
(650) 212-4010
Listed By:
Michael S Youssef · License #01467549
(650) 212-4010
Source:
Exitrealty
Added: Sep 25, 2025
Changed: Aug 29
Last Checked: Aug 29 at 9:13PM
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 Arise Realty
Investment Insights
Based on property information with market context.
This duplex contains 2,050 square feet across two residences, each arranged with 2 bedrooms and 1 bathroom. Both units include in-unit laundry, a private yard, two storage closets, and a carport. Recent improvements include new flooring, refreshed kitchens and bathrooms, plus interior and exterior paint. The property was built in 1970 and both units are currently available to rent.
The property is positioned near UC Davis and within walking distance of downtown Davis, Nugget Market, and campus. Landscaped exterior areas provide a maintained setting, while the two-unit configuration offers separate living spaces within one property.
The property is positioned near UC Davis and within walking distance of downtown Davis, Nugget Market, and campus. Landscaped exterior areas provide a maintained setting, while the two-unit configuration offers separate living spaces within one property.
Key Highlights
- Two‑unit duplex totaling 2,050 square feet
- Each unit includes 2 bedrooms and 1 bathroom
- In‑unit laundry, two storage closets, private yard, and carport per unit
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
$29,201
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
3.29%
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%
$584,020
$584.0K
Cap Rate 7%
$417,157
$417.2K
Cap Rate 9%
$324,456
$324.5K
Market Conditions
NOI Build-Up for 2,050 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
$44.3K $21.60/SF
− Vacancy
−$2.6K −$1.25/SF
EGI
$41.7K $20.35/SF
− OpEx
−$12.5K −$6.10/SF
NOI
$29.2K $14.24/SF
Area
Yolo County, CA
Vacancy
5.79%
Lease Rate
$21.60 /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%
$584,020
Cap Rate 7%
$417,157
Cap Rate 9%
$324,456
Alternative Uses
Best Use
Multifamily LT 5
$417.2K
$365.0K – $486.7K
NOI $29,201 @ 7.0% cap · market cap 3.29%
Second Best
Apartment 5plus
$381.1K
$333.5K – $444.7K
NOI $26,680 @ 7.0% cap · market cap 3.00%
Theoretical Best
Office A
$553.1K
$484.0K – $645.3K
NOI $38,720 @ 7.0% cap · market cap 4.36%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
684
Businesses Nearby
Explore this area
Business Placement
Demographics for 95616, CA
51,003
Population
19,944
Households
2.6
Avg Household Size
27
Median Age
75%
College-Educated
97%
High-School Grad
29.9 sq mi
ZIP Area
1,706
Density / Sq Mi
$74,758
Median Household Income
$25,109
Median Earnings
$1,911
Median Rent
$856,900
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 updated residences offer private yards, in-unit laundry, storage, and carport parking near UC Davis.
Where is this duplex located?
The property is located at 12061208 J Street Davis, CA.
What is the asking price?
The asking price for this property is $888,000.
What are key features of this property?
This property features: Two‑unit duplex totaling 2,050 square feet; Each unit includes 2 bedrooms and 1 bathroom; In‑unit laundry, two storage closets, private yard, and carport per unit
