Updated Two-Unit
7516 Gallant Cir, Citrus Heights, CA 95621
For Sale
New
$675,000
The two residences offer different bedroom counts, garage capacity, and interior improvements, with one side currently vacant.
Property Size2,349 SF
Price / SF$287.36
Days on Market7
Property Features for 7516 Gallant Cir
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Amenities
vaulted ceilings
fireplace
landscaped yard
Building Details
Year Built
Listing Agency:
GBR Real Estate & Inv. Co.
Listed By:
Mark W. Boston
Source:
Sacramentoareahouses
Added: Nov 1
Changed: Nov 3
Last Checked: Nov 6 at 9:22AM
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 GBR Real Estate & Inv. Co.
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Investment Insights
Based on property information with market context.
Built in 1977, this 2,349-square-foot duplex contains two residences. The right-side unit is vacant and has 2 bedrooms, 2 bathrooms, a 1-car garage, vaulted ceilings, and a fireplace. Improvements include new flooring and paint, dual-pane windows, and a kitchen with newer cabinetry and granite counters. The left-side residence offers 3 bedrooms, 2 bathrooms, a 2-car garage, vaulted ceilings, a fireplace, and a landscaped yard; its kitchen and bathrooms have also been updated.
The property is in Citrus Heights, near schools, parks, and shopping. The two units provide distinct layouts and garage capacities within one duplex.
The property is in Citrus Heights, near schools, parks, and shopping. The two units provide distinct layouts and garage capacities within one duplex.
Key Highlights
- 2,349‑square‑foot duplex built in 1977
- Right unit is vacant and includes 2 bedrooms, 2 bathrooms, and a 1‑car garage
- Left unit has 3 bedrooms, 2 bathrooms, and a 2‑car garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,145
Cap Rate
5.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$682,900
$682.9K
Cap Rate 7%
$487,786
$487.8K
Cap Rate 9%
$379,389
$379.4K
Market Conditions
NOI Build-Up for 2,349 SF
Gross rent
$52.1K $22.20/SF
− Vacancy
−$3.4K −$1.43/SF
EGI
$48.8K $20.77/SF
− OpEx
−$14.6K −$6.23/SF
NOI
$34.1K $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 Rate 5%
$682,900
Cap Rate 7%
$487,786
Cap Rate 9%
$379,389
Alternative Uses
Best Use
Multifamily LT 5
$487.8K
$426.8K – $569.1K
NOI $34,145 @ 7.0% cap · market cap 5.06%
Second Best
Apartment 5plus
$447.9K
$391.9K – $522.6K
NOI $31,355 @ 7.0% cap · market cap 4.65%
Theoretical Best
Office A
$625.8K
$547.6K – $730.1K
NOI $43,805 @ 7.0% cap · market cap 6.49%
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
359
Businesses Nearby
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Business Placement
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
$401,900
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Sacramento County, CA
Properties on Market for Duplexes in Sacramento County
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - The two residences offer different bedroom counts, garage capacity, and interior improvements, with one side currently vacant.
Where is this duplex located?
The property is located at 7516 Gallant Cir Citrus Heights, CA.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: 2,349‑square‑foot duplex built in 1977; Right unit is vacant and includes 2 bedrooms, 2 bathrooms, and a 1‑car garage; Left unit has 3 bedrooms, 2 bathrooms, and a 2‑car garage
