Mid-Century Duplex with Guest
For Sale
$1,149,000
1426 36th St, Sacramento, CA 95816
Two residences offer flexible living arrangements, private outdoor areas, and two garages in East Sacramento.
Property Size1,924 SF
Price / SF$597.19
Days on Market14
Property Features for 1426 36th St
General Information
Standard status
Active
Size
1,924 SF
Property subtype
Multi-Family
Building Details
Year Built
1949
Listing Agency:
Coldwell Banker Realty
Listed By:
Richard S. Cazneaux · License #01447558
(916) 447-5900
Source:
Sacramentoareahouses
Added: Sep 10
Changed: Sep 18
Last Checked: Sep 22 at 5:47PM
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 Coldwell Banker Realty
Investment Insights
Based on property information with market context.
This 1,924-square-foot duplex, built in 1949, pairs a two-story residence with an attached single-level guest house. The primary unit includes two bedrooms, one and a half bathrooms, separate living and dining rooms, a kitchen with breakfast area, hardwood flooring, built-in cabinetry, teak wall paneling, and a gas-log fireplace. Its laundry area is located in the garage, and the residence opens to a private patio and backyard.
The furnished guest house includes one bedroom, one bathroom, a living room with hardwood floors, a brick fireplace with gas logs, built-in shelving, a kitchen with original cabinetry, a dining area, and indoor laundry. Period tilework and large windows continue the property's mid-century character. Separate entrances, two garages, private outdoor spaces, and mature landscaping support the property's two-residence layout in East Sacramento.
The furnished guest house includes one bedroom, one bathroom, a living room with hardwood floors, a brick fireplace with gas logs, built-in shelving, a kitchen with original cabinetry, a dining area, and indoor laundry. Period tilework and large windows continue the property's mid-century character. Separate entrances, two garages, private outdoor spaces, and mature landscaping support the property's two-residence layout in East Sacramento.
Key Highlights
- 1,924‑square‑foot duplex built in 1949
- Two‑story residence with 2 bedrooms and 1.5 bathrooms
- Attached single‑level guest house with 1 bedroom and 1 bathroom
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
$32,836
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
2.86%
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%
$656,720
$656.7K
Cap Rate 7%
$469,086
$469.1K
Cap Rate 9%
$364,844
$364.8K
Market Conditions
NOI Build-Up for 1,924 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
$49.6K $25.80/SF
− Vacancy
−$2.7K −$1.42/SF
EGI
$46.9K $24.38/SF
− OpEx
−$14.1K −$7.31/SF
NOI
$32.8K $17.07/SF
Area
Sacramento, CA
Vacancy
5.50%
Lease Rate
$25.80 /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%
$656,720
Cap Rate 7%
$469,086
Cap Rate 9%
$364,844
Alternative Uses
Best Use
Multifamily LT 5
$469.1K
$410.5K – $547.3K
NOI $32,836 @ 7.0% cap · market cap 2.86%
Second Best
Apartment 5plus
$431.7K
$377.8K – $503.7K
NOI $30,222 @ 7.0% cap · market cap 2.63%
Theoretical Best
Specialty Retail
$517.0K
$452.4K – $603.2K
NOI $36,190 @ 7.0% cap · market cap 3.15%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
4,438
Businesses Nearby
Explore this area
Business Placement
Demographics for 95816, CA
18,606
Population
11,553
Households
1.6
Avg Household Size
36
Median Age
65%
College-Educated
98%
High-School Grad
2.7 sq mi
ZIP Area
6,891
Density / Sq Mi
$90,521
Median Household Income
$61,407
Median Earnings
$1,647
Median Rent
$789,700
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 residences offer flexible living arrangements, private outdoor areas, and two garages in East Sacramento.
Where is this duplex located?
The property is located at 1426 36th St Sacramento, CA.
What is the asking price?
The asking price for this property is $1,149,000.
What are key features of this property?
This property features: 1,924‑square‑foot duplex built in 1949; Two‑story residence with 2 bedrooms and 1.5 bathrooms; Attached single‑level guest house with 1 bedroom and 1 bathroom
