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Remodeled Duplex with Dual Backyards

5552 E Knoll Drive Fair Oaks, CA 95628

5552 E Knoll Drive, Fair Oaks, CA, 95628
$750,000
For Sale
Claim this Listing
$750,000

Fully remodeled duplex offers two vacant units with updated interiors, kitchens, and exterior improvements plus generous backyards.

Property Size2,077 SF
Price / SF$361.10
AddedMay 27
Days on Market50
Last RefreshJul 12 at 1:53 am

Property Features for 5552 E Knoll Drive

General Information

Standard status
Active
Size
2,077 SF
Property subtype
Multi Family

Building Details

Year Built
1978

Listing office Realty ONE Group Complete

Listing date May 27, 2026

Source Exitrealty

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 fully remodeled duplex includes one 2-bedroom, 2-bath unit and one 2-bedroom, 1-bath unit. Both sides are vacant and move-in ready, with new flooring, smooth texture walls, and fresh paint throughout. Interior updates also include new kitchen cabinets and countertops. Exterior improvements include new Hardie siding, new gutters, dual pane windows, and a newer roof.

The property provides very good-sized backyards for both units. It’s located in a great neighborhood and school district, within walking distance to Pause Coffee, with easy access to shopping and freeways.

From a tenant-ready perspective, the layout supports separate, independently updated residences, with each unit configured as a 2-bedroom home and the property positioned for straightforward occupancy upon lease-up or owner use.

Key Highlights

  • Fully remodeled duplex built in 1978 with one 2 bed/2 bath unit and one 2 bed/1 bath unit
  • Both units are vacant and move‑in ready, each updated with new flooring, smooth texture walls, and fresh paint
  • Updates include new kitchen cabinets and countertops on both sides

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 $46.1k $22.20
− Vacancy −$3.0k −$1.43
EGI $43.1k $20.77
− OpEx −$12.9k −$6.23
NOI $30.2k $14.54
2,077 SF · lease $22.20/SF/yr · vacancy 6.46% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$431.3K
$377.4K – $503.2K (±1% cap)
NOI $30,192 @ 7.0% cap · market cap 4.03%
Second Best
Apartment 5plus
$396.1K
$346.6K – $462.1K (±1% cap)
NOI $27,724 @ 7.0% cap · market cap 3.70%
Theoretical Best
Office A
$553.3K
$484.2K – $645.5K (±1% cap)
NOI $38,732 @ 7.0% cap · market cap 5.16%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Parking Lot & Garage Kitchen & Bath Showroom Auto Parts Store Bakery Storage Facility (Bike/Boat/Book/etc) Store Catering Service Garden Center (Bike/Boat/Book/etc) Store Plumbing Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Fully remodeled duplex offers two vacant units with updated interiors, kitchens, and exterior improvements plus generous backyards.
Where is this duplex located?
The property is located at 5552 E Knoll Drive Fair Oaks, CA.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Fully remodeled duplex built in 1978 with one 2 bed/2 bath unit and one 2 bed/1 bath unit; Both units are vacant and move‑in ready, each updated with new flooring, smooth texture walls, and fresh paint; Updates include new kitchen cabinets and countertops on both sides
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