Well-Maintained Duplex on Corner
For Sale
Contact for pricing
1449 Claremont & 4730 Monterey Way, Sacramento, CA 95822
Two 2-bedroom units with private backyards, in-unit laundry, and garages, suited for owner-occupancy or rental use.
Property Size3,361 SF
Price / SF$325.80
Days on Market80
Property Features for 1449 Claremont & 4730 Monterey Way
General Information
Standard status
Active
Size
3,361 SF
Property subtype
Multifamily
Investment Type
Owner/User
Additional Details
Business Included
Yes
Multifamily Units
2
Building Details
Year Built
1950
Units
2
Tenancy
Single
Listing Agency:
Turton Commercial Real Estate
(916) 573-3300
Listed By:
Jack Scurfield · License #02127988
Source:
Crexi
Added: Jun 9
Changed: Aug 8
Last Checked: Aug 26 at 9:59AM
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 Turton Commercial Real Estate
Investment Insights
Based on property information with market context.
This well-maintained duplex offers two spacious two-bedroom residences on a large corner lot, designed for comfortable, functional living. Each unit includes in-unit laundry, abundant natural light, and flexible den or office space that can support remote work or additional daily living needs. Both homes also provide private outdoor space, along with dedicated garage parking. The layout includes open living and kitchen space, plus multiple bathroom configurations, including a unit with a full bathroom featuring a shower and jetted tub.
Located in the South Land Park neighborhood, the property is positioned for convenient access to area amenities and Sacramento’s downtown. The surrounding area includes William Land Park and a Sprouts shopping center, along with local dining options and practical day-to-day convenience.
The duplex is structured to support a range of ownership strategies. One unit is currently vacant and available for an owner to occupy or re-lease, while the other unit is currently leased. With separate amenities for each unit and private backyards and garages, the property can appeal to an owner-occupant seeking rental income support or a buyer looking for a straightforward two-unit rental setup.
Located in the South Land Park neighborhood, the property is positioned for convenient access to area amenities and Sacramento’s downtown. The surrounding area includes William Land Park and a Sprouts shopping center, along with local dining options and practical day-to-day convenience.
The duplex is structured to support a range of ownership strategies. One unit is currently vacant and available for an owner to occupy or re-lease, while the other unit is currently leased. With separate amenities for each unit and private backyards and garages, the property can appeal to an owner-occupant seeking rental income support or a buyer looking for a straightforward two-unit rental setup.
Key Highlights
- Well‑maintained duplex built in 1950 with two spacious 2‑bedroom units on a large corner lot
- Each unit offers in‑unit laundry plus a private backyard and dedicated garage
- Unit at 4730 Monterey Way is currently vacant and immediately available; suggested rent is $3,000/month
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
$56,193
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
5.13%
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%
$1,123,860
$1.1M
Cap Rate 7%
$802,757
$802.8K
Cap Rate 9%
$624,367
$624.4K
Market Conditions
NOI Build-Up for 3,361 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
$84.7K $25.20/SF
− Vacancy
−$4.4K −$1.32/SF
EGI
$80.3K $23.88/SF
− OpEx
−$24.1K −$7.17/SF
NOI
$56.2K $16.72/SF
Area
ZIP 95822
Vacancy
5.22%
Lease Rate
$25.20 /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%
$1,123,860
Cap Rate 7%
$802,757
Cap Rate 9%
$624,367
Alternative Uses
Best Use
Multifamily LT 5
$802.8K
$702.4K – $936.6K
NOI $56,193 @ 7.0% cap · market cap 5.13%
Second Best
Apartment 5plus
$733.7K
$642.0K – $856.0K
NOI $51,358 @ 7.0% cap · market cap 4.69%
Theoretical Best
Hotel Hospitality
$26.20M
$22.92M – $30.56M
NOI $1,833,677 @ 7.0% cap · market cap 167.46%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
630
Businesses Nearby
Explore this area
Business Placement
Demographics for 95822, CA
45,215
Population
17,479
Households
2.6
Avg Household Size
38
Median Age
28%
College-Educated
85%
High-School Grad
8.4 sq mi
ZIP Area
5,383
Density / Sq Mi
$80,835
Median Household Income
$44,004
Median Earnings
$1,537
Median Rent
$438,400
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 2-bedroom units with private backyards, in-unit laundry, and garages, suited for owner-occupancy or rental use.
Where is this duplex located?
The property is located at 1449 Claremont & 4730 Monterey Way Sacramento, CA.
What is the asking price?
The asking price for this property is $1,095,000.
What are key features of this property?
This property features: Well‑maintained duplex built in 1950 with two spacious 2‑bedroom units on a large corner lot; Each unit offers in‑unit laundry plus a private backyard and dedicated garage; Unit at 4730 Monterey Way is currently vacant and immediately available; suggested rent is $3,000/month
