Remodeled Duplex with
New
For Sale
$549,888
7320 Berna WAY, Sacramento, CA 95823
Residential Income (2-4 units), SACRAMENTO, CA
Property Size1,975 SF
Lot Size0.25 Acres
Price / SF$278.42
Days on Market4
Property Features for 7320 Berna WAY
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
RD-10
Bedrooms
6
Rooms
Bedroom 3, Bedroom 6, Bedroom 1, Bedroom 5, Bedroom 2, Bedroom 4
Parking features
Off Street, Garage - Attached
Fireplace
1
Subdivision
Sacto Franklin/Freeport/Vicinity - 10823
Standard status
Active
Size
1,975 SF
Lot size
0.25 Acres
Utilities
Heating system
Fireplace(s), Central, Forced Air
Cooling system
Central Air
Water source
Public
Amenities
fireplace
Building Details
Year built
1963
Number of units
2
Roof type
Flat
Listing Agency:
Excalibur Home and Mortgage
(408) 800-7303
Listed By:
Robert Dang · License #01397166
(408) 785-0515
Added: Aug 19
Last Checked: Aug 22 at 8:06PM
MLS# ML82058267
Copyright © 2026 MLS Listings, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This duplex contains two approximately 988-square-foot residences within a 1,975-square-foot building. Each unit offers three bedrooms, one bathroom, a fireplace, central HVAC, and an attached one-car garage. Both interiors have been remodeled with updated kitchens, bathrooms, flooring, and paint, and the property is currently vacant and rent-ready.
The property occupies 0.2497 acres in Sacramento, California, near local parks and within the Elk Grove Unified School District. Public water service, a flat roof, central air, forced-air heating, and additional off-street parking are included. Built in 1963, the two-unit layout also supports a multi-generational living arrangement.
The property occupies 0.2497 acres in Sacramento, California, near local parks and within the Elk Grove Unified School District. Public water service, a flat roof, central air, forced-air heating, and additional off-street parking are included. Built in 1963, the two-unit layout also supports a multi-generational living arrangement.
Key Highlights
- Two‑unit duplex with 1,975 square feet of building area
- Each unit is approximately 988 square feet with 3 bedrooms and 1 bathroom
- Remodeled kitchens, bathrooms, flooring, and paint in both units
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
$33,134
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
6.03%
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%
$662,680
$662.7K
Cap Rate 7%
$473,343
$473.3K
Cap Rate 9%
$368,156
$368.2K
Market Conditions
NOI Build-Up for 1,975 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%
$662,680
Cap Rate 7%
$473,343
Cap Rate 9%
$368,156
Alternative Uses
Best Use
Multifamily LT 5
$473.3K
$414.2K – $552.2K
NOI $33,134 @ 7.0% cap · market cap 6.03%
Second Best
Apartment 5plus
$433.6K
$379.4K – $505.9K
NOI $30,355 @ 7.0% cap · market cap 5.52%
Theoretical Best
Office A
$1.12M
$981.7K – $1.31M
NOI $78,538 @ 7.0% cap · market cap 14.28%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
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
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Vacant two-unit property with refreshed interiors, fireplaces, central HVAC, and attached garages.
Where is this duplex located?
The property is located at 7320 Berna WAY Sacramento, CA.
What is the asking price?
The asking price for this property is $549,888.
What are key features of this property?
This property features: Two‑unit duplex with 1,975 square feet of building area; Each unit is approximately 988 square feet with 3 bedrooms and 1 bathroom; Remodeled kitchens, bathrooms, flooring, and paint in both units
