Historic Duplex with Income
1324 Francis St Crockett, CA 94525
1324 Francis St, Crockett, CA, 94525
$618,000
For Sale
$618,000
Built in 1908, this duplex offers a total of 1,207 sq. ft. on a 5,000 sq. ft. lot in Crockett.
Property Size1,207 SF
Lot Size0.11 Acres
Price / SF$512.01
Days on Market70
Property Features for 1324 Francis St
General Information
- Standard status
- Active
- Size
- 1,207 SF
- Lot size
- 0.11 Acres
- Property subtype
- Multi Family
Building Details
- Year Built
- 1908
Listing agency
BCRE
(510) 851-2748
Listed by
Brian Baniqued · License #01104388
(510) 851-2748
Source
Exitrealty
Added: May 14 Updated: Jul 21 at 9:47PM Checked: Jul 21 at 9:47PM
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 BCRE
Investment Insights
Based on property information with market context.
This historic duplex was built in 1908 and provides a total of 1,207 sq. ft. of residential income property on a 5,000 sq. ft. lot. The layout and existing structure create a foundation for renovations aimed at improving current performance.
The property is located at 1324 Francis St in Crockett, CA. Public remarks note its oversized lot as a differentiator compared with nearby single-family homes.
Offered for sale, the duplex presents an opportunity for buyers who want to update a turn-of-the-century multifamily asset and potentially enhance rental results over time.
The property is located at 1324 Francis St in Crockett, CA. Public remarks note its oversized lot as a differentiator compared with nearby single-family homes.
Offered for sale, the duplex presents an opportunity for buyers who want to update a turn-of-the-century multifamily asset and potentially enhance rental results over time.
Key Highlights
- Duplex built in 1908 with total 1,207 sq. ft.
- Located in the heart of Crockett.
- Sits on a 5,000 sq. ft. lot.
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 | $31.1k | $25.80 |
| − Vacancy | −$1.6k | −$1.34 |
| EGI | $29.5k | $24.46 |
| − OpEx | −$8.9k | −$7.34 |
| NOI | $20.7k | $17.12 |
1,207 SF · lease $25.80/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$295.2K
$258.3K – $344.4K
NOI $20,665 @ 7.0% cap · market cap 3.34%
Second Best
Apartment 5plus
$274.1K
$239.8K – $319.8K
NOI $19,187 @ 7.0% cap · market cap 3.10%
Theoretical Best
Office A
$456.2K
$399.2K – $532.3K
NOI $31,937 @ 7.0% cap · market cap 5.17%
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 - Built in 1908, this duplex offers a total of 1,207 sq. ft. on a 5,000 sq. ft. lot in Crockett.
Where is this duplex located?
The property is located at 1324 Francis St Crockett, CA.
What is the asking price?
The asking price for this property is $618,000.
What are key features of this property?
This property features: Duplex built in 1908 with total 1,207 sq. ft.; Located in the heart of Crockett.; Sits on a 5,000 sq. ft. lot.
