Renovated Duplex with
New
For Sale
$789,000
17889 Lake Arthur Road, Applegate, CA 95703
Two separate living areas offer a three-bedroom upper home and a self-contained lower residence with its own entrance.
Property Size1,720 SF
Price / SF$458.72
Days on Market2
Property Features for 17889 Lake Arthur Road
General Information
Standard status
Active
Size
1,720 SF
Property subtype
Multi-Family
Building Details
Year Built
1964
Listing Agency:
Trotter Properties
Listed By:
Inspired Real Estate Group Inc
(916) 622-5341
Source:
Inspiredrealestategroup
Added: Oct 5
Changed: Oct 6
Last Checked: Oct 6 at 2:36AM
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 Trotter Properties
Investment Insights
Based on property information with market context.
This renovated duplex provides approximately 2,700 square feet across two independent living areas. The upper residence measures 1,720 square feet and has three bedrooms and two bathrooms, along with an updated kitchen, new flooring, fresh paint, and new interior doors. The approximately 1,000-square-foot lower residence has a separate exterior entrance, one bedroom, an office or den with a closet, a full kitchen, a bathroom, laundry, and separate electrical service. Both areas are vacant and freshly finished.
A fenced, built-in pool is situated outside. Improvements also include a roof completed in 2025 and a new downstairs mini split. The property has access to Interstate 80.
A fenced, built-in pool is situated outside. Improvements also include a roof completed in 2025 and a new downstairs mini split. The property has access to Interstate 80.
Key Highlights
- Approximately 2,700 square feet across two separate living areas
- Upper residence: 1,720 square feet, 3 bedrooms, and 2 bathrooms
- Lower residence: approximately 1,000 square feet with 1 bedroom and an office or den
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,037
Cap Rate
3.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$580,740
$580.7K
Cap Rate 7%
$414,814
$414.8K
Cap Rate 9%
$322,633
$322.6K
Market Conditions
NOI Build-Up for 1,720 SF
Gross rent
$43.8K $25.44/SF
− Vacancy
−$2.3K −$1.32/SF
EGI
$41.5K $24.12/SF
− OpEx
−$12.4K −$7.24/SF
NOI
$29.0K $16.88/SF
Area
Placer County, CA
Vacancy
5.20%
Lease Rate
$25.44 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$580,740
Cap Rate 7%
$414,814
Cap Rate 9%
$322,633
Alternative Uses
Best Use
Multifamily LT 5
$414.8K
$363.0K – $484.0K
NOI $29,037 @ 7.0% cap · market cap 3.68%
Second Best
Apartment 5plus
$378.5K
$331.2K – $441.6K
NOI $26,497 @ 7.0% cap · market cap 3.36%
Theoretical Best
Office A
$665.9K
$582.6K – $776.8K
NOI $46,610 @ 7.0% cap · market cap 5.91%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
50
Businesses Nearby
Explore this area
Business Placement
Demographics for 95703, CA
1,943
Population
820
Households
2.4
Avg Household Size
50
Median Age
29%
College-Educated
90%
High-School Grad
8.9 sq mi
ZIP Area
218
Density / Sq Mi
$98,734
Median Household Income
$46,923
Median Earnings
$1,327
Median Rent
$644,300
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 separate living areas offer a three-bedroom upper home and a self-contained lower residence with its own entrance.
Where is this duplex located?
The property is located at 17889 Lake Arthur Road Applegate, CA.
What is the asking price?
The asking price for this property is $789,000.
What are key features of this property?
This property features: Approximately 2,700 square feet across two separate living areas; Upper residence: 1,720 square feet, 3 bedrooms, and 2 bathrooms; Lower residence: approximately 1,000 square feet with 1 bedroom and an office or den
