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Duplex with RV Parking
For Sale
$769,900

6070 Peoria Dr, Citrus Heights, CA 95621

Two well-maintained units each feature fireplaces and updated laminate flooring, plus RV parking on-site.

Property Size2,787 SF
Lot Size0.28 Acres
Price / SF$276.25
Days on Market172

Property Features for 6070 Peoria Dr

General Information

Standard status Active
Size 2,787 SF
Lot size 0.28 Acres
Property subtype Multi Family

Additional Details

Highway Access Yes
Multifamily Units 2

Amenities

fireplace
RV parking

Building Details

Year Built 1973
Tenancy Multi
Listing Agency: Realty One Group Homelink
Listed By: Jesse Velez · License #01867415
Source: Exitrealty
Added: Mar 19 Changed: Sep 1 Last Checked: Sep 6 at 5:13AM

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 Homelink

Investment Insights

Based on property information with market context.

This duplex features two separate, well-maintained units. One unit has three bedrooms and two bathrooms, and the second unit has three bedrooms and one bathroom. Both units include a fireplace, and updated laminate flooring has been installed throughout. The combined size is 2,787 square feet, situated on a 12,018 square foot lot.

Located in a desirable Citrus Heights area, the property is described as conveniently close to shopping, dining, and major freeways. The site also includes RV parking, adding practical flexibility for day-to-day use.

The layout supports either an owner-user scenario or leasing both units, depending on how you want to approach the property. The current presentation highlights rental potential alongside ongoing upkeep.

Key Highlights

  • Duplex with two well‑maintained units totaling 2,787 sq ft combined
  • Each unit features a fireplace and updated laminate flooring
  • Unit mix: one unit has 3 bedrooms and 2 bathrooms; the other has 3 bedrooms and 1 bathroom

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
$40,512
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
5.26%
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%
$810,240 $810.2K
Cap Rate 7%
$578,743 $578.7K
Cap Rate 9%
$450,133 $450.1K
Market Conditions
NOI Build-Up for 2,787 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
$61.9K $22.20/SF
− Vacancy
−$4.0K −$1.43/SF
EGI
$57.9K $20.77/SF
− OpEx
−$17.4K −$6.23/SF
NOI
$40.5K $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 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%
$810,240
Cap Rate 7%
$578,743
Cap Rate 9%
$450,133

Alternative Uses

Best Use
Multifamily LT 5
$578.7K
$506.4K – $675.2K (±1% cap)
NOI $40,512 @ 7.0% cap · market cap 5.26%
Second Best
Apartment 5plus
$531.4K
$465.0K – $620.0K (±1% cap)
NOI $37,201 @ 7.0% cap · market cap 4.83%
Theoretical Best
Office A
$742.5K
$649.7K – $866.2K (±1% cap)
NOI $51,973 @ 7.0% cap · market cap 6.75%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Accounting Firm Big Box & Wholesale Store Electrical Service Gym & Fitness Center Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

848
Businesses Nearby

Demographics for 95621, CA

42,941
Population
17,284
Households
2.5
Avg Household Size
40
Median Age
20%
College-Educated
90%
High-School Grad
6.7 sq mi
ZIP Area
6,409
Density / Sq Mi
$77,377
Median Household Income
$43,789
Median Earnings
$1,776
Median Rent
$401,900
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two well-maintained units each feature fireplaces and updated laminate flooring, plus RV parking on-site.
Where is this duplex located?
The property is located at 6070 Peoria Dr Citrus Heights, CA.
What is the asking price?
The asking price for this property is $769,900.
What are key features of this property?
This property features: Duplex with two well‑maintained units totaling 2,787 sq ft combined; Each unit features a fireplace and updated laminate flooring; Unit mix: one unit has 3 bedrooms and 2 bathrooms; the other has 3 bedrooms and 1 bathroom
More about this property
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