Duplex with Additional
New
For Sale
$459,900
7300 Arleta Court, Sacramento, CA 95823
Two three-bedroom units with fireplaces, attached garage spaces, private laundry areas, and fenced rear yard space.
Property Size1,974 SF
Price / SF$232.98
Days on Market3
Property Features for 7300 Arleta Court
General Information
Standard status
Active
Size
1,974 SF
Total Parking Spaces
2
Property subtype
Multi Family
Units
Unit Mix
2 x 3BR/1BA
Multifamily Units
2
Parking per Unit
1
Additional Details
Highway Access
Yes
Amenities
fireplace
fenced rear yard
laundry area
Building Details
Year Built
1963
Buildings
1
Listing Agency:
Grounded R.E.
(916) 905-2801
Listed By:
Marcos B. Mercado · License #01956017
(916) 600-6085
Source:
Exitrealty
Added: Sep 11
Changed: Sep 12
Last Checked: Sep 13 at 5:31AM
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 Grounded R.E.
Investment Insights
Based on property information with market context.
Built in 1963, this duplex contains two 988-square-foot units for a combined property size of 1,974 square feet. Each side offers three bedrooms, one bathroom, a kitchen with a gas stove/oven combination, dishwasher, and counter space, plus a living room with a fireplace. Both units include an attached garage space and a dedicated laundry area.
The property also includes an additional 6,700 square feet of land beyond the duplex, along with fenced rear yard space. The roof was replaced about 10 years ago with a 30-year composition shingle roof. HVAC was replaced in 2023 with a high-efficiency unit, and the water heater was replaced earlier this year in April. The property is near shopping, restaurants, and the 99 freeway.
The property also includes an additional 6,700 square feet of land beyond the duplex, along with fenced rear yard space. The roof was replaced about 10 years ago with a 30-year composition shingle roof. HVAC was replaced in 2023 with a high-efficiency unit, and the water heater was replaced earlier this year in April. The property is near shopping, restaurants, and the 99 freeway.
Key Highlights
- Two 3‑bedroom, 1‑bathroom units with a combined property size of 1,974 square feet
- Each unit measures 988 sq ft and includes an attached garage space and laundry area
- Additional 6700 sq ft of land beyond the duplex
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
$33,118
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
7.20%
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%
$662,360
$662.4K
Cap Rate 7%
$473,114
$473.1K
Cap Rate 9%
$367,978
$368.0K
Market Conditions
NOI Build-Up for 1,974 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
$50.2K $25.44/SF
− Vacancy
−$2.9K −$1.47/SF
EGI
$47.3K $23.97/SF
− OpEx
−$14.2K −$7.19/SF
NOI
$33.1K $16.78/SF
Area
ZIP 95823
Vacancy
5.79%
Lease Rate
$25.44 /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%
$662,360
Cap Rate 7%
$473,114
Cap Rate 9%
$367,978
Alternative Uses
Best Use
Multifamily LT 5
$473.1K
$414.0K – $552.0K
NOI $33,118 @ 7.0% cap · market cap 7.20%
Second Best
Apartment 5plus
$433.4K
$379.2K – $505.7K
NOI $30,339 @ 7.0% cap · market cap 6.60%
Theoretical Best
Office A
$1.12M
$981.2K – $1.31M
NOI $78,498 @ 7.0% cap · market cap 17.07%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
784
Businesses Nearby
Explore this area
Business Placement
Demographics for 95823, CA
81,212
Population
25,465
Households
3.2
Avg Household Size
33
Median Age
16%
College-Educated
75%
High-School Grad
11.5 sq mi
ZIP Area
7,062
Density / Sq Mi
$63,701
Median Household Income
$34,582
Median Earnings
$1,533
Median Rent
$372,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Duplex - Two three-bedroom units with fireplaces, attached garage spaces, private laundry areas, and fenced rear yard space.
Where is this duplex located?
The property is located at 7300 Arleta Court Sacramento, CA.
What is the asking price?
The asking price for this property is $459,900.
What are key features of this property?
This property features: Two 3‑bedroom, 1‑bathroom units with a combined property size of 1,974 square feet; Each unit measures 988 sq ft and includes an attached garage space and laundry area; Additional 6700 sq ft of land beyond the duplex
