Updated Duplex with Private
For Sale
$725,000
593 Lelandhaven Way, Sacramento, CA 95831
Two occupied residences offer single-story layouts, private yards, and convenient access to shopping, dining, parks, and transportation routes.
Property Size2,550 SF
Price / SF$284.31
Days on Market51
Property Features for 593 Lelandhaven Way
General Information
Standard status
Active
Size
2,550 SF
Property subtype
Multi Family
Site & Location
Neighborhood
Greenhaven
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Parking per Unit
2
Amenities
private backyard
Building Details
Year Built
1975
Stories
1
Listing Agency:
Coldwell Banker Realty
(916) 972-0212
Listed By:
Jacqueline D. Merchant · License #01322198
(916) 205-8921
Source:
Exitrealty
Added: Sep 9
Changed: Oct 25
Last Checked: Sep 15 at 4:18AM
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 Coldwell Banker Realty
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Investment Insights
Based on property information with market context.
This 1975 duplex contains two single-story residences, each with 3 bedrooms, 2 bathrooms, and approximately 1,275 square feet of living space. One residence at 593 Lelandhaven Way has been extensively updated, while the second is located at 6350 Seastone Way. The property includes 2,550 square feet overall, private two-car garages for both units, and separate low-maintenance backyards.
The duplex occupies a corner lot in Sacramento and is currently tenant-occupied. Its setting provides access to neighborhood shopping, dining, parks and recreation, and major transportation routes. The separate garage and yard areas add functional features for each residence.
The duplex occupies a corner lot in Sacramento and is currently tenant-occupied. Its setting provides access to neighborhood shopping, dining, parks and recreation, and major transportation routes. The separate garage and yard areas add functional features for each residence.
Key Highlights
- Two units, each with 3 bedrooms, 2 bathrooms, and approximately 1,275 square feet
- One residence at 593 Lelandhaven Way has been extensively updated
- Private two‑car garage provided for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,628
Cap Rate
5.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$832,560
$832.6K
Cap Rate 7%
$594,686
$594.7K
Cap Rate 9%
$462,533
$462.5K
Market Conditions
NOI Build-Up for 2,550 SF
Gross rent
$62.7K $24.60/SF
− Vacancy
−$3.3K −$1.28/SF
EGI
$59.5K $23.32/SF
− OpEx
−$17.8K −$7.00/SF
NOI
$41.6K $16.32/SF
Area
ZIP 95831
Vacancy
5.20%
Lease Rate
$24.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$832,560
Cap Rate 7%
$594,686
Cap Rate 9%
$462,533
Alternative Uses
Best Use
Multifamily LT 5
$594.7K
$520.4K – $693.8K
NOI $41,628 @ 7.0% cap · market cap 5.74%
Second Best
Apartment 5plus
$535.0K
$468.1K – $624.2K
NOI $37,449 @ 7.0% cap · market cap 5.17%
Theoretical Best
Hotel Hospitality
$19.87M
$17.39M – $23.19M
NOI $1,391,216 @ 7.0% cap · market cap 191.89%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
239
Businesses Nearby
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Business Placement
Demographics for 95831, CA
43,099
Population
20,261
Households
2.1
Avg Household Size
45
Median Age
51%
College-Educated
95%
High-School Grad
7.0 sq mi
ZIP Area
6,157
Density / Sq Mi
$96,509
Median Household Income
$58,726
Median Earnings
$1,864
Median Rent
$619,800
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 - Two occupied residences offer single-story layouts, private yards, and convenient access to shopping, dining, parks, and transportation routes.
Where is this duplex located?
The property is located at 593 Lelandhaven Way Sacramento, CA.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Two units, each with 3 bedrooms, 2 bathrooms, and approximately 1,275 square feet; One residence at 593 Lelandhaven Way has been extensively updated; Private two‑car garage provided for each unit
