Renovated Victorian
1514 E Street Sacramento, CA 95814
1514 E Street, Sacramento, CA, 95814
$949,000
Pending
For Sale
$949,000
Pending
Recently renovated 1890s Victorian duplex with two identical 2-bedroom, 2-bath units and updated mechanical systems.
Property Size2,150 SF
Days on Market39
Property Features for 1514 E Street
General Information
- Standard status
- Pending
- Size
- 2,150 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1890
Listing agency
Garner Real Estate
(650) 438-3377
Listed by
Christopher Garner · License #02245213
(650) 438-3377
Source
Exitrealty
Added: Jun 13 Updated: Jul 21 at 2:41AM Checked: Jul 21 at 5:23AM
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 Garner Real Estate
Investment Insights
Based on property information with market context.
Beautifully renovated Victorian duplex originally built in the 1890s and converted from a single-family residence to a legal duplex. The property was taken down to the studs and extensively updated in 2022, including new electrical, plumbing, HVAC, roof, siding, and downstairs windows. Each unit is configured with 2 bedrooms and 2 bathrooms, with the upper unit also offering a versatile flex room.
Both units include in-unit washer and dryer and upgraded finishes. The upper unit features Bosch appliances, a refinished clawfoot tub, and a primary suite with dual shower heads, while the lower unit includes stainless steel appliances and recessed lighting throughout. Outdoor space includes a private fenced dog run and a landscaped backyard with eco-friendly turf, a pergola, and string lighting.
The property is currently tenant-occupied on a month-to-month basis. Two exterior keypad-access storage units are vacant and included on-site, each approximately 78 square feet.
Both units include in-unit washer and dryer and upgraded finishes. The upper unit features Bosch appliances, a refinished clawfoot tub, and a primary suite with dual shower heads, while the lower unit includes stainless steel appliances and recessed lighting throughout. Outdoor space includes a private fenced dog run and a landscaped backyard with eco-friendly turf, a pergola, and string lighting.
The property is currently tenant-occupied on a month-to-month basis. Two exterior keypad-access storage units are vacant and included on-site, each approximately 78 square feet.
Key Highlights
- 1890s Victorian duplex converted to a legal duplex; built in 1890
- Extensively updated in 2022: new electrical, plumbing, HVAC, roof, siding, and downstairs windows
- Upper unit: 2 bed, 2 bath plus a flex room; includes Bosch appliances and in‑unit washer/dryer
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 | $55.5k | $25.80 |
| − Vacancy | −$3.1k | −$1.42 |
| EGI | $52.4k | $24.38 |
| − OpEx | −$15.7k | −$7.31 |
| NOI | $36.7k | $17.07 |
2,150 SF · lease $25.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$524.2K
$458.7K – $611.6K
NOI $36,693 @ 7.0% cap · market cap 3.87%
Second Best
Apartment 5plus
$482.5K
$422.2K – $562.9K
NOI $33,772 @ 7.0% cap · market cap 3.56%
Theoretical Best
Specialty Retail
$577.7K
$505.5K – $674.0K
NOI $40,442 @ 7.0% cap · market cap 4.26%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Recently renovated 1890s Victorian duplex with two identical 2-bedroom, 2-bath units and updated mechanical systems.
Where is this duplex located?
The property is located at 1514 E Street Sacramento, CA.
What is the asking price?
The asking price for this property is $949,000.
What are key features of this property?
This property features: 1890s Victorian duplex converted to a legal duplex; built in 1890; Extensively updated in 2022: new electrical, plumbing, HVAC, roof, siding, and downstairs windows; Upper unit: 2 bed, 2 bath plus a flex room; includes Bosch appliances and in‑unit washer/dryer
