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Triplex with Bungalow Main Home
New
For Sale
$625,000

5010 San Francisco Boulevard, Sacramento, CA 95820

Main residence includes three bedrooms, while two rear flats provide one bedroom and one bath each.

Property Size1,223 SF
Price / SF$511.04
Days on Market3

Property Features for 5010 San Francisco Boulevard

General Information

Standard status Active
Size 1,223 SF
Property subtype Multi-Family

Site & Location

Road Access Yes
Public Transit Yes

Units

Unit Mix 1 x 3BR/1BA, 2 x 1BR/1BA
Multifamily Units 3

Amenities

common laundry
common storage area

Building Details

Year Built 1916
Buildings 2
Listing Agency: Matthew Inlow, Re/Max Marketplace
Listed By: The Jamison Team
Source: Tuscanaproperties
Added: Sep 1 Changed: Sep 3 Last Checked: Sep 2 at 5:02PM

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 Matthew Inlow, Re/Max Marketplace

Investment Insights

Based on property information with market context.

Built in 1916, this triplex combines a three-bedroom, one-bath bungalow at the front with a two-story rear structure containing two separate one-bedroom, one-bath flats. The main residence includes central H/A, wood floors, coved ceiling details, generous living and dining rooms, a kitchen with pantry access, and a partial basement. Each rear unit includes a living area and kitchen.

The property includes a one-car garage, a long driveway with space for two off-street vehicles, side-alley parking for the rear units, and a shared laundry area. Additional features include common storage and open areas between the buildings with low-maintenance landscaping. Located on San Francisco Boulevard near public transportation, UCD, Sutter Hospitals, restaurants, and entertainment.

Key Highlights

  • Three‑unit configuration with a 3‑bedroom, 1‑bath front bungalow and two 1‑bedroom, 1‑bath rear flats
  • Built in 1916
  • Main home includes central H/A, wood floors, coved ceilings, pantry, and partial basement

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
$20,873
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
3.34%
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%
$417,460 $417.5K
Cap Rate 7%
$298,186 $298.2K
Cap Rate 9%
$231,922 $231.9K
Market Conditions
NOI Build-Up for 1,223 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
$31.6K $25.80/SF
− Vacancy
−$1.7K −$1.42/SF
EGI
$29.8K $24.38/SF
− OpEx
−$8.9K −$7.31/SF
NOI
$20.9K $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%
$417,460
Cap Rate 7%
$298,186
Cap Rate 9%
$231,922

Alternative Uses

Best Use
Multifamily LT 5
$298.2K
$260.9K – $347.9K (±1% cap)
NOI $20,873 @ 7.0% cap · market cap 3.34%
Second Best
Apartment 5plus
$274.4K
$240.1K – $320.2K (±1% cap)
NOI $19,211 @ 7.0% cap · market cap 3.07%
Theoretical Best
Specialty Retail
$328.6K
$287.6K – $383.4K (±1% cap)
NOI $23,005 @ 7.0% cap · market cap 3.68%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Kitchen & Bath Showroom HVAC Service Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

591
Businesses Nearby

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

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Main residence includes three bedrooms, while two rear flats provide one bedroom and one bath each.
Where is this triplex located?
The property is located at 5010 San Francisco Boulevard Sacramento, CA.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Three‑unit configuration with a 3‑bedroom, 1‑bath front bungalow and two 1‑bedroom, 1‑bath rear flats; Built in 1916; Main home includes central H/A, wood floors, coved ceilings, pantry, and partial basement
More about this property
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