Updated Duplex Near UC
For Sale
$550,000
5351 Whittier Drive, Sacramento, CA 95820
Turnkey duplex with modern upgrades and strong rental potential.
Property Size1,888 SF
Lot Size0.15 Acres
Days on Market286
Property Features for 5351 Whittier Drive
General Information
Standard status
Active
Size
1,888 SF
Lot size
0.15 Acres
Property subtype
Duplex
Amenities
Varies by Unit
Wall Unit(s)
Central
Separate
Fireplace(s)
Window Unit(s)
Ice Maker
Dishwasher
Microwave
Free Standing Electric Oven
City, Sewer In & Connected, Composition, Flat
Building Details
Building Size
1,888 SF
Year Built
1952
Stories
1
Listing Agency:
Keller Williams Elk Grove
(916) 710-3135
Listed By:
Justin Edwards · License #DRE
(916) 710-3135
Source:
Kw
Added: Nov 19, 2025
Changed: Aug 20
Last Checked: Aug 31 at 1:26AM
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 Keller Williams Elk Grove
Investment Insights
Based on property information with market context.
The property at 5351-5349 Whittier Dr. in Sacramento is a well-updated duplex located on a corner lot. Both units have updated interior and exterior paint, private gated entrances, and separate SMUD meters. The larger unit, 5351, features 3 bedrooms, 2 bathrooms, and 1,256 square feet of living space, along with an attached garage. Upgrades include a kitchen with quartz countertops and white cabinetry, a fireplace, dual-pane windows, a composition roof, an updated HVAC system with ducts, modern bathrooms, and tile and luxury vinyl plank flooring. The second unit, 5349, offers 696 square feet of space with an open kitchen, LVP flooring, a mini-split HVAC system, a walk-in closet, in-unit laundry, a spacious bathroom, and open-beam ceilings. The property is located near UC Davis Medical Center, Sacramento State, shopping, public transportation, and freeway access, offering rental potential in a high-demand area. This duplex presents an investment opportunity or flexible multi-family living.
Key Highlights
- Turnkey duplex in a prime location near UC Davis Medical Center, Sacramento State, shopping, public transportation, and freeway access.
- Two units with separate gated entrances and SMUD meters.
- Larger unit (5351) is 1,256 sq ft with 3 bedrooms, 2 bathrooms, attached garage, updated kitchen with quartz countertops, and updated HVAC.
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
$32,222
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
5.86%
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%
$644,440
$644.4K
Cap Rate 7%
$460,314
$460.3K
Cap Rate 9%
$358,022
$358.0K
Market Conditions
NOI Build-Up for 1,888 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
$48.7K $25.80/SF
− Vacancy
−$2.7K −$1.42/SF
EGI
$46.0K $24.38/SF
− OpEx
−$13.8K −$7.31/SF
NOI
$32.2K $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%
$644,440
Cap Rate 7%
$460,314
Cap Rate 9%
$358,022
Alternative Uses
Best Use
Multifamily LT 5
$460.3K
$402.8K – $537.0K
NOI $32,222 @ 7.0% cap · market cap 5.86%
Second Best
Apartment 5plus
$423.7K
$370.7K – $494.3K
NOI $29,657 @ 7.0% cap · market cap 5.39%
Theoretical Best
Specialty Retail
$507.3K
$443.9K – $591.9K
NOI $35,513 @ 7.0% cap · market cap 6.46%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
382
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?
Duplex - Turnkey duplex with modern upgrades and strong rental potential.
Where is this duplex located?
The property is located at 5351 Whittier Drive Sacramento, CA.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Turnkey duplex in a prime location near UC Davis Medical Center, Sacramento State, shopping, public transportation, and freeway access.; Two units with separate gated entrances and SMUD meters.; Larger unit (5351) is 1,256 sq ft with 3 bedrooms, 2 bathrooms, attached garage, updated kitchen with quartz countertops, and updated HVAC.
