Residential Income Property with
For Sale
$429,000
2 Paddle Court, Sacramento, CA 95833
The 1,282-square-foot half-plex includes two bedrooms, two full bathrooms, and a private backyard.
Property Size1,282 SF
Price / SF$334.63
Days on Market48
Property Features for 2 Paddle Court
General Information
Standard status
Active
Size
1,282 SF
Property subtype
Duplex
Site & Location
Neighborhood
South Natomas
Public Transit
Yes
Units
Unit Mix
1 x 2BR/2BA
Multifamily Units
1
Amenities
atrium
private backyard
swimming pools
spa
tennis courts
pickleball court
BBQ areas
covered picnic area
community park
Central
Dishwasher
Disposal
Electric Cook Top
ENERGY STAR Qualified Appliances
Free Standing Electric Oven
Public, Flat
Building Details
Year Built
1979
Stories
1
Construction
mid-century
Listing Agency:
Keller Williams Realty
Listed By:
ARA ARBABZADEH · License #02111336
(530) 400-6762
Source:
Kw
Added: Sep 11
Changed: Oct 27
Last Checked: Oct 28 at 1:00PM
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 Keller Williams Realty
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Investment Insights
Based on property information with market context.
Built in 1979, this 1,282-square-foot Streng half-plex has two bedrooms and two full bathrooms. An atrium brings daylight into the home, while the open living, dining, and kitchen arrangement connects the main gathering areas. The kitchen has granite countertops and stainless steel appliances; laminate flooring runs throughout. The private backyard features landscaping and raised garden beds. Recent work includes a roof, HVAC system, tankless water heater, exterior paint, fencing, landscaping, and appliances.
River City Commons provides two swimming pools, a spa, two tennis courts, a pickleball court, barbecue areas, a covered picnic area, and a community park. The property is in Sacramento’s 95833 ZIP code, near shopping, dining, public transportation, Downtown Sacramento, and Sacramento International Airport.
River City Commons provides two swimming pools, a spa, two tennis courts, a pickleball court, barbecue areas, a covered picnic area, and a community park. The property is in Sacramento’s 95833 ZIP code, near shopping, dining, public transportation, Downtown Sacramento, and Sacramento International Airport.
Key Highlights
- 1,282‑square‑foot Streng half‑plex built in 1979
- Two bedrooms and two full bathrooms
- Atrium, open living and dining areas, and kitchen with granite countertops
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,138
Cap Rate
4.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$402,760
$402.8K
Cap Rate 7%
$287,686
$287.7K
Cap Rate 9%
$223,756
$223.8K
Market Conditions
NOI Build-Up for 1,282 SF
Gross rent
$38.5K $30.00/SF
− Vacancy
−$1.8K −$1.44/SF
EGI
$36.6K $28.56/SF
− OpEx
−$16.5K −$12.85/SF
NOI
$20.1K $15.71/SF
Area
Sacramento, CA
Vacancy
4.80%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$402,760
Cap Rate 7%
$287,686
Cap Rate 9%
$223,756
Alternative Uses
Best Use
Apartment 5plus
$287.7K
$251.7K – $335.6K
NOI $20,138 @ 7.0% cap · market cap 4.69%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$344.5K
$301.4K – $401.9K
NOI $24,114 @ 7.0% cap · market cap 5.62%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
546
Businesses Nearby
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Business Placement
Demographics for 95833, CA
40,195
Population
16,751
Households
2.4
Avg Household Size
34
Median Age
32%
College-Educated
89%
High-School Grad
8.1 sq mi
ZIP Area
4,962
Density / Sq Mi
$87,016
Median Household Income
$50,997
Median Earnings
$1,835
Median Rent
$439,700
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - The 1,282-square-foot half-plex includes two bedrooms, two full bathrooms, and a private backyard.
Where is this residential income property located?
The property is located at 2 Paddle Court Sacramento, CA.
What is the asking price?
The asking price for this property is $429,000.
What are key features of this property?
This property features: 1,282‑square‑foot Streng half‑plex built in 1979; Two bedrooms and two full bathrooms; Atrium, open living and dining areas, and kitchen with granite countertops
