Duplex-Style Home with Attached
3838 Circle Drive Loomis, CA 95650
New
For Sale
$650,000
Two updated living units include a 2-bed, 2-bath main home and an attached studio ADU with private entry.
Property Size2,300 SF
Price / SF$282.61
Days on Market6
Property Features for 3838 Circle Drive
General Information
Standard status
Active
Size
2,300 SF
Property subtype
Multi Family
Building Details
Year Built
1954
Listing Agency:
Realty ONE Group Complete
(916) 223-4762
Listed By:
Kevin C. McDonald · License #01390445
(916) 223-4762
Source:
Exitrealty
Added: Jul 24
Changed: Jul 27
Last Checked: Jul 28 at 6:34AM
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 Realty ONE Group Complete
Investment Insights
Based on property information with market context.
This for-sale property features two distinct living units: a main home with approximately 1,900 square feet, offering 2 bedrooms and 2 full bathrooms, plus an attached ADU presented as a studio of about 400 square feet with its own private entrance. Both units have been recently updated with new(er) finishes, including newer countertops, cabinets, flooring, appliances, and dual pane windows in the main home. The ADU includes a newer bath and kitchen remodel with a new vanity, and it is heated and cooled with an efficient mini-split system.
Outside, the property sits on a large lot with a long, flat driveway that provides ample parking. There is also a large shed for additional storage and a spacious backyard with a back porch for relaxing. The location is described as minutes from Downtown Loomis, with nearby restaurants, shopping, and top-rated schools.
The configuration supports a straightforward live-in or rental arrangement, with two separately accessible units and recent improvements throughout.
Outside, the property sits on a large lot with a long, flat driveway that provides ample parking. There is also a large shed for additional storage and a spacious backyard with a back porch for relaxing. The location is described as minutes from Downtown Loomis, with nearby restaurants, shopping, and top-rated schools.
The configuration supports a straightforward live-in or rental arrangement, with two separately accessible units and recent improvements throughout.
Key Highlights
- Year Built 1954 two‑unit home with attached studio ADU with its own private entrance
- Main home offers approx. 1,900 SF with 2 bedrooms and 2 full bathrooms
- Attached ADU/studio includes approx. 400 SF and updated bath and kitchen with a newer vanity
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 | $58.5k | $25.44 |
| − Vacancy | −$3.0k | −$1.32 |
| EGI | $55.5k | $24.12 |
| − OpEx | −$16.6k | −$7.24 |
| NOI | $38.8k | $16.88 |
2,300 SF · lease $25.44/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$554.7K
$485.4K – $647.2K
NOI $38,829 @ 7.0% cap · market cap 5.97%
Second Best
Apartment 5plus
$506.2K
$442.9K – $590.5K
NOI $35,432 @ 7.0% cap · market cap 5.45%
Theoretical Best
Office A
$890.4K
$779.1K – $1.04M
NOI $62,328 @ 7.0% cap · market cap 9.59%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Two updated living units include a 2-bed, 2-bath main home and an attached studio ADU with private entry.
Where is this duplex located?
The property is located at 3838 Circle Drive Loomis, CA.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Year Built 1954 two‑unit home with attached studio ADU with its own private entrance; Main home offers approx. 1,900 SF with 2 bedrooms and 2 full bathrooms; Attached ADU/studio includes approx. 400 SF and updated bath and kitchen with a newer vanity
