Recently Remodeled
2985 San Jose Way Sacramento, CA 95817
2985 San Jose Way, Sacramento, CA, 95817
$899,950
For Sale
$899,950
Built in 2020 and remodeled in 2025, the duplex offers two separate 3-bed, 2-bath units with garages.
Property Size2,548 SF
Price / SF$353.20
Days on Market161
Property Features for 2985 San Jose Way
General Information
- Standard status
- Active
- Size
- 2,548 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 2020
Listing agency
Sunrise Options
(916) 595-7952
Listed by
Gina M. Macaluso · License #01992091
(916) 595-7952
Source
Exitrealty
Added: Feb 12 Updated: Jul 20 at 5:28PM Checked: Jul 22 at 8:27AM
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 was built in 2020 and underwent a newly remodeled upgrade in 2025, including fresh interior and exterior paint, new laminate flooring, kitchen cabinet and countertop updates, a new backsplash, new carpeting, updated lighting, and partial bathroom improvements. Each unit provides approximately 1,274 square feet of living space with 3 bedrooms and 2 bathrooms. Both units have their own separate front door entrances and garage spaces.
Inside, each unit features an open floor plan kitchen with substantial countertop space and room for daily cooking needs, along with many windows that bring in natural light. Upstairs, you’ll find the three bedrooms, two full bathrooms, laundry, and a landing area that can support a small computer desk and study setup. Each unit is also equipped with a tankless water heater.
Outside, the front area is fully paved and complemented by a privacy fence. The property also provides room for parking and outdoor use, including space for recreational activities and a kids’ play area.
Inside, each unit features an open floor plan kitchen with substantial countertop space and room for daily cooking needs, along with many windows that bring in natural light. Upstairs, you’ll find the three bedrooms, two full bathrooms, laundry, and a landing area that can support a small computer desk and study setup. Each unit is also equipped with a tankless water heater.
Outside, the front area is fully paved and complemented by a privacy fence. The property also provides room for parking and outdoor use, including space for recreational activities and a kids’ play area.
Key Highlights
- Duplex built in 2020 and remodeled in 2025 with new interior/exterior paint, new laminate flooring, cabinets, countertops, backsplash, lights, and carpet
- Two separate 3‑bed, 2‑bath units, each with about 1,274 SF living space and its own front door entrance
- Each unit includes a garage space and a tankless water heater
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 | $65.7k | $25.80 |
| − Vacancy | −$3.6k | −$1.42 |
| EGI | $62.1k | $24.38 |
| − OpEx | −$18.6k | −$7.31 |
| NOI | $43.5k | $17.07 |
2,548 SF · lease $25.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$621.2K
$543.6K – $724.8K
NOI $43,486 @ 7.0% cap · market cap 4.83%
Second Best
Apartment 5plus
$571.8K
$500.3K – $667.1K
NOI $40,024 @ 7.0% cap · market cap 4.45%
Theoretical Best
Specialty Retail
$684.7K
$599.1K – $798.8K
NOI $47,928 @ 7.0% cap · market cap 5.33%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Built in 2020 and remodeled in 2025, the duplex offers two separate 3-bed, 2-bath units with garages.
Where is this duplex located?
The property is located at 2985 San Jose Way Sacramento, CA.
What is the asking price?
The asking price for this property is $899,950.
What are key features of this property?
This property features: Duplex built in 2020 and remodeled in 2025 with new interior/exterior paint, new laminate flooring, cabinets, countertops, backsplash, lights, and carpet; Two separate 3‑bed, 2‑bath units, each with about 1,274 SF living space and its own front door entrance; Each unit includes a garage space and a tankless water heater
