Income-Generating Duplex With Off-Street
5500 Del Norte Boulevard Sacramento, CA 95820
5500 Del Norte Boulevard, Sacramento, CA, 95820
$399,000
For Sale
$399,000
Two occupied units include separate private entrances, with ample off-street parking and a large backyard.
Property Size720 SF
Price / SF$554.17
Days on Market24
Property Features for 5500 Del Norte Boulevard
General Information
- Standard status
- Active
- Size
- 720 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1930
Listing agency
Reliant Realty Inc.
(916) 849-1532
Listed by
Kristopher E. Saunders · License #01836397
(916) 849-1532
Source
Exitrealty
Added: Jun 29 Updated: Jul 20 at 4:38PM Checked: Jul 21 at 6:08AM
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 Reliant Realty Inc.
Investment Insights
Based on property information with market context.
This income-producing duplex offers two separate, occupied units with private entrances. The current layout includes a 2 bed/1 bath unit and a 1 bed/1 bath unit, each supported by long-term tenants.
The property sits on a spacious lot with ample off-street parking and a large backyard. There may be additional value-add potential through expansion or ADU possibilities, though any such options should be verified by the buyer.
For buyers seeking an immediately performing rental asset, this duplex provides two self-contained units designed for tenant privacy and straightforward day-to-day occupancy.
The property sits on a spacious lot with ample off-street parking and a large backyard. There may be additional value-add potential through expansion or ADU possibilities, though any such options should be verified by the buyer.
For buyers seeking an immediately performing rental asset, this duplex provides two self-contained units designed for tenant privacy and straightforward day-to-day occupancy.
Key Highlights
- Duplex built in 1930 with 2 units: one 2 bed/1 bath and one 1 bed/1 bath
- Both units are occupied by long‑term tenants for stable income from day one
- Each unit has its own private entrance
Local 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 | $18.6k | $25.80 |
| − Vacancy | −$1.0k | −$1.42 |
| EGI | $17.6k | $24.38 |
| − OpEx | −$5.3k | −$7.31 |
| NOI | $12.3k | $17.07 |
720 SF · lease $25.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$175.5K
$153.6K – $204.8K
NOI $12,288 @ 7.0% cap · market cap 3.08%
Second Best
Apartment 5plus
$161.6K
$141.4K – $188.5K
NOI $11,310 @ 7.0% cap · market cap 2.83%
Theoretical Best
Specialty Retail
$193.5K
$169.3K – $225.7K
NOI $13,543 @ 7.0% cap · market cap 3.39%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Two occupied units include separate private entrances, with ample off-street parking and a large backyard.
Where is this duplex located?
The property is located at 5500 Del Norte Boulevard Sacramento, CA.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Duplex built in 1930 with 2 units: one 2 bed/1 bath and one 1 bed/1 bath; Both units are occupied by long‑term tenants for stable income from day one; Each unit has its own private entrance