Building Details

Year Built 1964

Stories 2

Listing Agency: Realty Works

Listed By: Dylan Love · License #01796526 Show Phone

Source: Carlilerealty

Added: Oct 30 Changed: Nov 5 Last Checked: Nov 5 at 6:50AM

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Investment Insights

Based on property information with market context.

Configured as two self-contained residences, this renovated duplex pairs an upper home with a separate lower living area. The upper residence has three bedrooms, two bathrooms, and an updated kitchen with new cabinetry and appliances. The lower area includes a bedroom, an office or den with a closet, a full kitchen, a living area, a bathroom, and dedicated laundry. It also has a private exterior entrance and separate electrical service.

Recent improvements include a 2025 roof, a new mini-split system downstairs, and interior updates in both residences. A fenced, built-in pool adds an outdoor amenity. The property is vacant, and its location provides access to Interstate 80. Zoning is RA-B-100.

Key Highlights

• Two self‑contained residences, including a 3‑bedroom, 2‑bath upper home
• Lower residence has a separate exterior entrance, full kitchen, laundry, and electrical service
• Fenced built‑in pool

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$29,037

Cap Rate

4.24%

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

Is this asking price fair?

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 (±1% cap)

NOI $29,037 @ 7.0% cap · market cap 4.24%

Second Best

Apartment 5plus

$378.5K

$331.2K – $441.6K (±1% cap)

NOI $26,497 @ 7.0% cap · market cap 3.87%

Theoretical Best

Office A

$665.9K

$582.6K – $776.8K (±1% cap)

NOI $46,610 @ 7.0% cap · market cap 6.80%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Location Intelligence

Trade Area within ½ mile

50

Businesses Nearby

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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

7% 2022

7.8% 2023

8.6% 2024

8.6% 2025

Similar For Sale Nearby

See more

Renovated Duplex with Pool

17889 Lake Arthur Road, Applegate, CA 95703

$685,000

1,720 SF

View details

Two-Home Multifamily Property

19245 Geisendorfer Road, Applegate, CA 95703

$465,000

0.72 Acres

View details

Frequently Asked Questions

What type of property is this?

Duplex - Two independent living areas have separate kitchens, and the lower residence has its own entrance and laundry.

Where is this duplex located?

The property is located at 17891-17889 Lake Arthur Road Applegate, CA.

What is the asking price?

The asking price for this property is $685,000.

What are key features of this property?

This property features: Two self‑contained residences, including a 3‑bedroom, 2‑bath upper home; Lower residence has a separate exterior entrance, full kitchen, laundry, and electrical service; Fenced built‑in pool