Two-Unit Duplex with
New
For Sale
$550,000
5388 Elsinore Way, Fair Oaks, CA 95628
Both residences offer two bedrooms, one bath, and a remodeled kitchen with granite counters.
Property Size1,938 SF
Price / SF$283.80
Days on Market5
Property Features for 5388 Elsinore Way
General Information
Standard status
Active
Size
1,938 SF
Total Parking Spaces
2
Property subtype
Residential Income
Zoning
RD-10
Occupancy
50%
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Amenities
Fenced Yard
Yard Space
Building Details
Building Size
1,938 SF
Year Built
1972
Buildings
1
Stories
1
Units
2
Listing Agency:
Busy Bee Realty
7729863
Listed By:
Caprice Briski-Butzler
(209) 609-1974
Source:
Busybee
Added: Oct 19
Changed: Oct 22
Last Checked: Oct 22 at 2:23PM
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 Busy Bee Realty
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Investment Insights
Based on property information with market context.
Built in 1972, this 1,938-square-foot duplex contains two residences, each with two bedrooms, one bathroom, a one-car garage, and a large living room. Both kitchens have been remodeled with granite counters and cabinet storage, and the bathrooms have been updated. One unit has new kitchen flooring and a new water heater; the other has a water heater replaced last year. One residence is occupied on a month-to-month basis, while the second is vacant. Section 1 structural pest repairs have been completed. The property is zoned RD-10.
Key Highlights
- Two residences, each with 2 bedrooms and 1 bathroom
- 1,938 square feet; built in 1972
- One‑car garage and large living room in each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,171
Cap Rate
5.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$563,420
$563.4K
Cap Rate 7%
$402,443
$402.4K
Cap Rate 9%
$313,011
$313.0K
Market Conditions
NOI Build-Up for 1,938 SF
Gross rent
$43.0K $22.20/SF
− Vacancy
−$2.8K −$1.43/SF
EGI
$40.2K $20.77/SF
− OpEx
−$12.1K −$6.23/SF
NOI
$28.2K $14.54/SF
Area
Sacramento County, CA
Vacancy
6.46%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$563,420
Cap Rate 7%
$402,443
Cap Rate 9%
$313,011
Alternative Uses
Best Use
Multifamily LT 5
$402.4K
$352.1K – $469.5K
NOI $28,171 @ 7.0% cap · market cap 5.12%
Second Best
Apartment 5plus
$369.6K
$323.4K – $431.2K
NOI $25,869 @ 7.0% cap · market cap 4.70%
Theoretical Best
Office A
$516.3K
$451.8K – $602.3K
NOI $36,140 @ 7.0% cap · market cap 6.57%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
50%
Occupancy
Location Intelligence
Trade Area within ½ mile
761
Businesses Nearby
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Business Placement
Demographics for 95628, CA
42,824
Population
17,417
Households
2.5
Avg Household Size
46
Median Age
44%
College-Educated
96%
High-School Grad
12.9 sq mi
ZIP Area
3,320
Density / Sq Mi
$111,582
Median Household Income
$57,050
Median Earnings
$1,857
Median Rent
$615,400
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 - Both residences offer two bedrooms, one bath, and a remodeled kitchen with granite counters.
Where is this duplex located?
The property is located at 5388 Elsinore Way Fair Oaks, 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: Two residences, each with 2 bedrooms and 1 bathroom; 1,938 square feet; built in 1972; One‑car garage and large living room in each unit
