Three-Home Triplex
For Sale
$999,500
3530 26th Ave, Sacramento, CA 95820
Three residences occupy one lot, with two homes completed and a third underway.
Property Size1,704 SF
Price / SF$586.56
Days on Market126
Property Features for 3530 26th Ave
General Information
Standard status
Active
Size
1,704 SF
Property subtype
Multi-Family
Listing Agency:
Phuong Nguyen Real Estate
Listed By:
Kenneth Thorne
8709022
Source:
Sacramentoareahouses
Added: Apr 30
Changed: Sep 2
Last Checked: Sep 1 at 7:41PM
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 Phuong Nguyen Real Estate
Investment Insights
Based on property information with market context.
This triplex property brings together three residences on one lot, including a four-bedroom home with two-and-a-half baths and an open interior layout. Its finishes include stainless steel appliances, luxury vinyl flooring, shaker-style cabinetry, updated countertops, and fresh interior and exterior paint. The second residence offers three bedrooms, two baths, a two-car garage, and an interior laundry room. The third home is under construction with two bedrooms and one bath; the first two homes also include inside laundry rooms.
Located at 3530 26th Ave in Sacramento, the property presents a multi-residence configuration with potential for owner occupancy alongside rental use. The stated pro forma cap rate is 6.0%.
Located at 3530 26th Ave in Sacramento, the property presents a multi-residence configuration with potential for owner occupancy alongside rental use. The stated pro forma cap rate is 6.0%.
Key Highlights
- Three residences arranged on one lot as a triplex configuration
- Front home offers 4 bedrooms, 2 1/2 baths, and an open floor plan
- Second home includes 3 bedrooms, 2 baths, and a two‑car garage
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$29,082
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
2.91%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$581,640
$581.6K
Cap Rate 7%
$415,457
$415.5K
Cap Rate 9%
$323,133
$323.1K
Market Conditions
NOI Build-Up for 1,704 SF
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.
Gross rent
$44.0K $25.80/SF
− Vacancy
−$2.4K −$1.42/SF
EGI
$41.5K $24.38/SF
− OpEx
−$12.5K −$7.31/SF
NOI
$29.1K $17.07/SF
Area
Sacramento, CA
Vacancy
5.50%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$581,640
Cap Rate 7%
$415,457
Cap Rate 9%
$323,133
Alternative Uses
Best Use
Multifamily LT 5
$415.5K
$363.5K – $484.7K
NOI $29,082 @ 7.0% cap · market cap 2.91%
Second Best
Apartment 5plus
$382.4K
$334.6K – $446.1K
NOI $26,766 @ 7.0% cap · market cap 2.68%
Theoretical Best
Specialty Retail
$457.9K
$400.7K – $534.2K
NOI $32,052 @ 7.0% cap · market cap 3.21%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
702
Businesses Nearby
Explore this area
Business Placement
Demographics for 95820, CA
36,848
Population
14,254
Households
2.6
Avg Household Size
36
Median Age
28%
College-Educated
81%
High-School Grad
5.3 sq mi
ZIP Area
6,952
Density / Sq Mi
$69,905
Median Household Income
$42,244
Median Earnings
$1,646
Median Rent
$394,300
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?
Triplex - Three residences occupy one lot, with two homes completed and a third underway.
Where is this triplex located?
The property is located at 3530 26th Ave Sacramento, CA.
What is the asking price?
The asking price for this property is $999,500.
What are key features of this property?
This property features: Three residences arranged on one lot as a triplex configuration; Front home offers 4 bedrooms, 2 1/2 baths, and an open floor plan; Second home includes 3 bedrooms, 2 baths, and a two‑car garage
