Duplex Fixer-Upper Opportunity

2834 Pepper Oaks Drive Sacramento, CA 95827

Claim this Listing
For Sale
$500,000

Duplex with spacious living areas, fireplaces, and multiple bedrooms, sold as-is with an unpermitted third bedroom added to each side.

Type:Multi Family
Property size:
1,830 SF
Price / SF:
$273/SF
Added:
Jun 27, 2026
Days on Market:
15
Last Refresh:
Jul 10 at 3:55 am

Property Features for 2834 Pepper Oaks Drive

General Information

Standard status
Active
Size
1,830 SF
Property subtype
Multi Family

Building Details

Year Built
1977

Listing office Sunrise Options

Listing date Jun 27, 2026

Source Exitrealty

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 Sunrise Options


Investment Insights

Based on property information with market context.

This duplex presents an investor and contractor fixer-upper opportunity and includes two living units, each reportedly with approximately 950 square feet. The property is described as having 6 bedrooms and 4 bathrooms, with spacious living rooms featuring vaulted ceilings and fireplaces. Each side includes a kitchen with a straightforward layout and room for dining, plus a laundry area tucked into a closet just off the kitchen. The property also has a yard with ample outdoor space.

According to county records, the property is shown as a 4-bedroom, 4-bathroom duplex. However, the remarks indicate an unpermitted third bedroom has been added to each side. The seller will be selling the property AS IS in its current condition.

Key Highlights

  • Duplex built in 1977, sold as‑is in its current condition
  • 6 bedrooms and 4 bathrooms total, with each side having approximately 950 SF of living space
  • Spacious living rooms with vaulted ceilings and fireplaces on both sides

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 $47.2k $25.80
− Vacancy −$2.6k −$1.42
EGI $44.6k $24.38
− OpEx −$13.4k −$7.31
NOI $31.2k $17.07
1,830 SF · lease $25.80/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$446.2K
$390.4K – $520.5K (±1% cap)
NOI $31,232 @ 7.0% cap · market cap 6.25%
Second Best
Apartment 5plus
$410.7K
$359.3K – $479.1K (±1% cap)
NOI $28,746 @ 7.0% cap · market cap 5.75%
Theoretical Best
Specialty Retail
$491.7K
$430.3K – $573.7K (±1% cap)
NOI $34,422 @ 7.0% cap · market cap 6.88%
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

Real Estate Agency Pharmacy Electrical Service Parking Lot & Garage (Bike/Boat/Book/etc) Store Plumbing Service HVAC Service Storage Facility Locksmith (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Duplex - Duplex with spacious living areas, fireplaces, and multiple bedrooms, sold as-is with an unpermitted third bedroom added to each side.
Where is this duplex located?
The property is located at 2834 Pepper Oaks Drive Sacramento, CA.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Duplex built in 1977, sold as‑is in its current condition; 6 bedrooms and 4 bathrooms total, with each side having approximately 950 SF of living space; Spacious living rooms with vaulted ceilings and fireplaces on both sides
Contact an agent
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