Duplex with Private Yard and New
For Sale
$520,000
Pending
7801 Mariposa Avenue, Citrus Heights, CA 95610
Well-located Citrus Heights duplex with private front yards, ample parking, and a 2024 HVAC system on the right unit.
Property Size1,424 SF
Days on Market126
Property Features for 7801 Mariposa Avenue
General Information
Standard status
Pending
Size
1,424 SF
Property subtype
Duplex
Building Details
Building Size
1,424 SF
Year Built
1963
Tenancy
Multi
Listing Agency:
Capital Group Realty, Inc.
(916) 715-2089
Listed By:
Vladislav Okel · License #01865323
Source:
Teamnavigate
Added: Apr 20
Changed: Aug 17
Last Checked: Aug 23 at 7:52AM
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 Capital Group Realty, Inc.
Investment Insights
Based on property information with market context.
This duplex at 7801-7803 Mariposa Avenue is designed for flexible living and renting, with each unit featuring a functional layout, comfortable living spaces, and private entrances. The property was built in 1963 and includes a spacious private front yard. Units are set back and made more secluded from the street with a natural green fence of lush bushes and mature trees, helping create a quieter, private setting.
A key capital improvement is a new HVAC system installed on the right-side unit in 2024. The site also offers ample parking and outdoor space for day-to-day use.
Located near shopping, dining, parks, and major commuter routes in Citrus Heights, the property is positioned in a high-demand rental area with consistent occupancy potential.
A key capital improvement is a new HVAC system installed on the right-side unit in 2024. The site also offers ample parking and outdoor space for day-to-day use.
Located near shopping, dining, parks, and major commuter routes in Citrus Heights, the property is positioned in a high-demand rental area with consistent occupancy potential.
Key Highlights
- New HVAC installed on the right‑side unit in 2024
- Each unit has private entrances and a functional, light‑filled layout
- Spacious private front yard set back with lush bushes and mature trees
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
$20,699
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
3.98%
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%
$413,980
$414.0K
Cap Rate 7%
$295,700
$295.7K
Cap Rate 9%
$229,989
$230.0K
Market Conditions
NOI Build-Up for 1,424 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
$31.6K $22.20/SF
− Vacancy
−$2.0K −$1.43/SF
EGI
$29.6K $20.77/SF
− OpEx
−$8.9K −$6.23/SF
NOI
$20.7K $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%
$413,980
Cap Rate 7%
$295,700
Cap Rate 9%
$229,989
Alternative Uses
Best Use
Multifamily LT 5
$295.7K
$258.7K – $345.0K
NOI $20,699 @ 7.0% cap · market cap 3.98%
Second Best
Apartment 5plus
$271.5K
$237.6K – $316.8K
NOI $19,008 @ 7.0% cap · market cap 3.66%
Theoretical Best
Office A
$379.4K
$331.9K – $442.6K
NOI $26,555 @ 7.0% cap · market cap 5.11%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
803
Businesses Nearby
Explore this area
Business Placement
Demographics for 95610, CA
46,592
Population
18,277
Households
2.5
Avg Household Size
37
Median Age
24%
College-Educated
91%
High-School Grad
7.9 sq mi
ZIP Area
5,898
Density / Sq Mi
$77,565
Median Household Income
$42,606
Median Earnings
$1,764
Median Rent
$466,500
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 - Well-located Citrus Heights duplex with private front yards, ample parking, and a 2024 HVAC system on the right unit.
Where is this duplex located?
The property is located at 7801 Mariposa Avenue Citrus Heights, CA.
What is the asking price?
The asking price for this property is $520,000.
What are key features of this property?
This property features: New HVAC installed on the right‑side unit in 2024; Each unit has private entrances and a functional, light‑filled layout; Spacious private front yard set back with lush bushes and mature trees
