Duplex with Two Distinct
For Sale
$675,000
38019 Cherry Lane, Woodland, CA 95695
Two upgraded residences offer different bedroom configurations, private garages, and separate backyard areas.
Property Size2,772 SF
Price / SF$243.51
Days on Market25
Property Features for 38019 Cherry Lane
General Information
Standard status
Active
Size
2,772 SF
Total Parking Spaces
2
Property subtype
Multi Family Home
Zoning
1
Additional Details
Multifamily Units
2
Building Details
Building Size
2,772 SF
Year Built
1964
Buildings
1
Stories
2
Units
2
Listing Agency:
HUNTER PRESTIGE PROPERTIES
Listed By:
Julie Hunter
(707) 321-5171
Source:
Hunterprestigeproperties
Added: Oct 4
Changed: Oct 26
Last Checked: Oct 26 at 4:03AM
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 HUNTER PRESTIGE PROPERTIES
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Investment Insights
Based on property information with market context.
This duplex combines a two-story residence with a single-story unit, totaling 2,772 square feet. The larger side has 1,772 square feet, including a primary suite with two walk-in closets and a full bath, plus a downstairs bedroom and full bath. The 1,000-square-foot unit has two bedrooms, one bath, and additional backyard storage in a Tuff Shed. Both residences have remodeled kitchens and newer floors.
Each unit includes a one-car garage and parking in front of the garages. The property was built in 1964 and is zoned 1. Its two separate living spaces have distinct floor plans and private backyard areas.
Each unit includes a one-car garage and parking in front of the garages. The property was built in 1964 and is zoned 1. Its two separate living spaces have distinct floor plans and private backyard areas.
Key Highlights
- 2,772 SF duplex with one two‑story and one single‑story residence
- Larger unit offers 1,772 SF, a primary suite, two walk‑in closets, and a downstairs bedroom
- Single‑story unit includes 1,000 SF, 2 bedrooms, and 1 bath
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,486
Cap Rate
5.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$789,720
$789.7K
Cap Rate 7%
$564,086
$564.1K
Cap Rate 9%
$438,733
$438.7K
Market Conditions
NOI Build-Up for 2,772 SF
Gross rent
$59.9K $21.60/SF
− Vacancy
−$3.5K −$1.25/SF
EGI
$56.4K $20.35/SF
− OpEx
−$16.9K −$6.10/SF
NOI
$39.5K $14.24/SF
Area
Yolo County, CA
Vacancy
5.79%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$789,720
Cap Rate 7%
$564,086
Cap Rate 9%
$438,733
Alternative Uses
Best Use
Multifamily LT 5
$564.1K
$493.6K – $658.1K
NOI $39,486 @ 7.0% cap · market cap 5.85%
Second Best
Apartment 5plus
$515.4K
$451.0K – $601.3K
NOI $36,076 @ 7.0% cap · market cap 5.34%
Theoretical Best
Office A
$748.0K
$654.5K – $872.6K
NOI $52,358 @ 7.0% cap · market cap 7.76%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
81
Businesses Nearby
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Business Placement
Demographics for 95695, CA
38,956
Population
15,201
Households
2.6
Avg Household Size
39
Median Age
27%
College-Educated
85%
High-School Grad
145.6 sq mi
ZIP Area
268
Density / Sq Mi
$78,875
Median Household Income
$44,812
Median Earnings
$1,456
Median Rent
$493,800
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two upgraded residences offer different bedroom configurations, private garages, and separate backyard areas.
Where is this duplex located?
The property is located at 38019 Cherry Lane Woodland, CA.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: 2,772 SF duplex with one two‑story and one single‑story residence; Larger unit offers 1,772 SF, a primary suite, two walk‑in closets, and a downstairs bedroom; Single‑story unit includes 1,000 SF, 2 bedrooms, and 1 bath
