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Ceres Duplex Income Property

1527 Moffett Rd Ceres, CA 95307

New
1527 Moffett Rd, Ceres, CA, 95307
$725,000
For Sale
$725,000

MULTI_FAMILY - Ceres, CA

Property Size2,268 SF
Lot Size0.21 Acres
Price / SF$319.66
Days on Market1

Property Features for 1527 Moffett Rd

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
6
Bathrooms
4
Rooms
Bathroom 1, Bedroom 3, Bedroom 4, Bedroom 2, Bedroom 6, Bedroom 1, Bedroom 5, Bathroom 3, Bathroom 4, Bathroom 2
Exterior features
Back Yard, Front Yard
Fencing
Fenced, Partial
Fireplace
1
Appliances
Gas Water Heater
Standard status
Active
APN
040081023000
Size
2,268 SF
Lot size
0.21 Acres

Utilities

Sewer type
Public Sewer
Heating system
Zoned
Cooling system
Central Air

Building Details

Year built
1979
Number of units
2
Flooring type
Vinyl, Tile, Concrete
Building materials
Siding - Stucco
Roof type
Shingle
Listing agency Christie's Intl RE Sereno
Listed by Lisa Doyle · License #01149880
Added: Jul 21 Checked: Jul 21 at 5:06PM
MLS# 41142287

Copyright © 2026 Contra Costa Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This duplex features 2 units totaling 6 bedrooms and 4 bathrooms. The property has undergone recent updates including new interior and exterior paint, new vinyl plank flooring throughout, brand new water heaters, and a roof that was recently water pressure cleaned and newly coated.

The asset is located at 1527 Moffett Rd in Ceres, CA, with easy freeway access to Highway 99. The public remarks also note walking distance to local schools and downtown shops/restaurants.

With two separate units and multiple recent capital improvements, the property offers a straightforward residential income configuration within a compact lot size.

Key Highlights

  • Duplex with 2 units at 1527‑1529 Moffett Rd
  • Overall layout: 6 bedrooms and 4 bathrooms across the two units
  • Recent updates: new interior and exterior paint and new vinyl plank flooring throughout

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 $44.9k $19.80
− Vacancy −$1.1k −$0.47
EGI $43.8k $19.33
− OpEx −$13.2k −$5.80
NOI $30.7k $13.53
2,268 SF · lease $19.80/SF/yr · vacancy 2.38% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$438.4K
$383.6K – $511.4K (±1% cap)
NOI $30,686 @ 7.0% cap · market cap 4.23%
Second Best
Apartment 5plus
$404.5K
$353.9K – $471.9K (±1% cap)
NOI $28,313 @ 7.0% cap · market cap 3.91%
Theoretical Best
Office A
$1.05M
$922.4K – $1.23M (±1% cap)
NOI $73,790 @ 7.0% cap · market cap 10.18%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Real Estate Agency Parking Lot & Garage Electrical Service (Bike/Boat/Book/etc) Store Grocery & Convenience Store Computer & Electronic Repair Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Carpet & Flooring Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Two-unit duplex with 6 bedrooms and 4 bathrooms on Moffett Rd, updated with new paint, flooring, and water heaters.
Where is this duplex located?
The property is located at 1527 Moffett Rd Ceres, CA.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Duplex with 2 units at 1527‑1529 Moffett Rd; Overall layout: 6 bedrooms and 4 bathrooms across the two units; Recent updates: new interior and exterior paint and new vinyl plank flooring throughout
Contact an agent
More about this property
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