Duplex with Attached
1403 Topaz Way Sacramento, CA 95864
1403 Topaz Way, Sacramento, CA, 95864
$590,000
For Sale
$590,000
Two 2-bedroom units with central HVAC, dual-pane windows, and private backyards plus separate attached garages.
Property Size2,040 SF
Lot Size0.17 Acres
Price / SF$289.22
Days on Market63
Property Features for 1403 Topaz Way
General Information
- Standard status
- Active
- Size
- 2,040 SF
- Lot size
- 0.17 Acres
- Property subtype
- Multi Family
Building Details
- Year Built
- 1962
Listing Agency
The McGill Team
(916) 963-6212
Listed by
Matthew H. McGill · License #01061567
(916) 963-6212
Source
Exitrealty
Added: May 15 Checked: Jul 16 at 5:04 am
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 The McGill Team
Investment Insights
Based on property information with market context.
This duplex offers two separate 2-bedroom, 1-bath residences, each with a spacious, light-filled living room. Both sides are equipped with central HVAC, dual pane windows, energy-efficient tankless water heaters, ceiling fans, and newer long-lasting LVP flooring. The property also features a large lot with sizable private backyards for each unit and attached separate garages for each residence, each including laundry hook-ups.
Located in the Arden-Arcade area, the home provides convenient access to downtown Sacramento and Highway 80, with schools, dining, and shopping nearby. One side is currently occupied by a long-term, month-to-month tenant, while the other side is vacant, giving a buyer flexibility to choose either an investor or owner-occupant approach.
For tenants or buyers seeking a straightforward residential income property, the layout supports separate living for each household while keeping the building’s systems consistent across both units. For an owner-occupant, the vacancy on one side allows immediate move-in while still retaining rental income from the occupied unit. The attached garages and in-unit laundry hook-ups add everyday functionality for both residents.
Located in the Arden-Arcade area, the home provides convenient access to downtown Sacramento and Highway 80, with schools, dining, and shopping nearby. One side is currently occupied by a long-term, month-to-month tenant, while the other side is vacant, giving a buyer flexibility to choose either an investor or owner-occupant approach.
For tenants or buyers seeking a straightforward residential income property, the layout supports separate living for each household while keeping the building’s systems consistent across both units. For an owner-occupant, the vacancy on one side allows immediate move-in while still retaining rental income from the occupied unit. The attached garages and in-unit laundry hook-ups add everyday functionality for both residents.
Key Highlights
- Duplex built in 1962 with two 2‑bedroom, 1‑bath units
- Each unit has central HVAC, dual pane windows, tankless water heater, LVP flooring, and ceiling fans
- Separate attached garages for each unit with laundry hook‑ups
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 | $52.6k | $25.80 |
| − Vacancy | −$2.9k | −$1.42 |
| EGI | $49.7k | $24.38 |
| − OpEx | −$14.9k | −$7.31 |
| NOI | $34.8k | $17.07 |
2,040 SF · lease $25.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$497.4K
$435.2K – $580.3K
NOI $34,816 @ 7.0% cap · market cap 5.90%
Second Best
Apartment 5plus
$457.8K
$400.6K – $534.1K
NOI $32,044 @ 7.0% cap · market cap 5.43%
Theoretical Best
Specialty Retail
$548.2K
$479.7K – $639.5K
NOI $38,372 @ 7.0% cap · market cap 6.50%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Two 2-bedroom units with central HVAC, dual-pane windows, and private backyards plus separate attached garages.
Where is this duplex located?
The property is located at 1403 Topaz Way Sacramento, CA.
What is the asking price?
The asking price for this property is $590,000.
What are key features of this property?
This property features: Duplex built in 1962 with two 2‑bedroom, 1‑bath units; Each unit has central HVAC, dual pane windows, tankless water heater, LVP flooring, and ceiling fans; Separate attached garages for each unit with laundry hook‑ups
