Renovated Duplex in Oak
For Sale
$674,000
3624 34th Street, Sacramento, CA 95817
Stylish, renovated duplex in a dynamic Sacramento neighborhood with development potential.
Property Size2,013 SF
Price / SF$334.82
Days on Market428
Property Features for 3624 34th Street
General Information
Standard status
Active
Size
2,013 SF
Property subtype
Multi-Family
Amenities
Central
Ceiling Fan(s)
Free Standing Gas Range
Dishwasher
Microwave
Disposal
Free Standing Electric Oven
City, Sewer In & Connected, Composition
Building Details
Building Size
2,013 SF
Year Built
1922
Stories
2
Listing Agency:
Grounded R.E.
Listed By:
Samuel Allen · License #01895613
(916) 571-2000
Source:
Kw
Added: Aug 15, 2025
Changed: Oct 1
Last Checked: Oct 16 at 6:04AM
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 Grounded R.E.
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Investment Insights
Based on property information with market context.
Located in Oak Park, this duplex offers both residential and investment opportunities. The upstairs unit has been substantially renovated with heated bathroom floors, designer tile, and a modern kitchen featuring blue cabinetry. The original wood built-in has been restored. The layout allows for living in one unit while renting the other, or holding the entire property as a rental investment. The large lot allows for future development, such as additional units, an ADU, or an outdoor retreat. The property is located near coffee shops, local restaurants, and neighborhood parks. This duplex offers style, substance, and opportunity.
Key Highlights
- Renovated upstairs unit with HEATED BATHROOM FLOORS, designer tile, and modern kitchen.
- Flexible layout suitable for owner‑occupancy with rental income or full rental investment.
- Large lot with potential for future development (additional units, ADU, or outdoor retreat).
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,355
Cap Rate
5.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$687,100
$687.1K
Cap Rate 7%
$490,786
$490.8K
Cap Rate 9%
$381,722
$381.7K
Market Conditions
NOI Build-Up for 2,013 SF
Gross rent
$51.9K $25.80/SF
− Vacancy
−$2.9K −$1.42/SF
EGI
$49.1K $24.38/SF
− OpEx
−$14.7K −$7.31/SF
NOI
$34.4K $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 Rate 5%
$687,100
Cap Rate 7%
$490,786
Cap Rate 9%
$381,722
Alternative Uses
Best Use
Multifamily LT 5
$490.8K
$429.4K – $572.6K
NOI $34,355 @ 7.0% cap · market cap 5.10%
Second Best
Apartment 5plus
$451.7K
$395.3K – $527.0K
NOI $31,620 @ 7.0% cap · market cap 4.69%
Theoretical Best
Specialty Retail
$540.9K
$473.3K – $631.1K
NOI $37,865 @ 7.0% cap · market cap 5.62%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
652
Businesses Nearby
Explore this area
Business Placement
Demographics for 95817, CA
14,270
Population
7,014
Households
2
Avg Household Size
35
Median Age
48%
College-Educated
89%
High-School Grad
2.3 sq mi
ZIP Area
6,204
Density / Sq Mi
$64,621
Median Household Income
$46,117
Median Earnings
$1,511
Median Rent
$500,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Stylish, renovated duplex in a dynamic Sacramento neighborhood with development potential.
Where is this duplex located?
The property is located at 3624 34th Street Sacramento, CA.
What is the asking price?
The asking price for this property is $674,000.
What are key features of this property?
This property features: Renovated upstairs unit with HEATED BATHROOM FLOORS, designer tile, and modern kitchen.; Flexible layout suitable for owner‑occupancy with rental income or full rental investment.; Large lot with potential for future development (additional units, ADU, or outdoor retreat).
