Four-Unit Apartment
7837 Sayonara Drive, Citrus Heights, CA 95610
For Sale
New
$785,000
Two residences have remodeled kitchens and bathrooms, while all four units are occupied.
Property Size3,576 SF
Price / SF$219.52
Days on Market5
Property Features for 7837 Sayonara Drive
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Zoning
Occupancy
Units
Unit Mix
Multifamily Units
Additional Details
Highway Access
Tenant in Place
Amenities
Fenced Yard
Building Details
Building Size
Year Built
Buildings
Stories
Units
Listing Agency:
eXp Realty of California Inc.
8327179
Listed By:
Shannon C Lapeyrade
(530) 417-4085
Source:
Bellavierealestate
Added: Nov 3
Last Checked: Nov 7 at 4:46AM
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 eXp Realty of California Inc.
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Investment Insights
Based on property information with market context.
This 3,756-square-foot fourplex contains four 2-bedroom, 1-bathroom residences. Two units have remodeled kitchens and bathrooms, along with LVP flooring and carpet. Property improvements include a newer roof, dual-pane windows, and exterior paint. Off-street parking is available for residents and guests, and the building dates to 1963.
Located in Citrus Heights within the San Juan Unified School District, the property has access via Highway 50 and I-80 toward the greater Sacramento area. It is also near Sunrise Mall, where a mixed-use redevelopment is planned; a sports complex has been proposed as the first phase.
Located in Citrus Heights within the San Juan Unified School District, the property has access via Highway 50 and I-80 toward the greater Sacramento area. It is also near Sunrise Mall, where a mixed-use redevelopment is planned; a sports complex has been proposed as the first phase.
Key Highlights
- Four 2‑bedroom, 1‑bathroom units in a 3,756‑square‑foot building
- All four units are occupied
- Two units feature remodeled kitchens and bathrooms, LVP flooring, and carpet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$51,981
Cap Rate
6.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,039,620
$1.0M
Cap Rate 7%
$742,586
$742.6K
Cap Rate 9%
$577,567
$577.6K
Market Conditions
NOI Build-Up for 3,576 SF
Gross rent
$79.4K $22.20/SF
− Vacancy
−$5.1K −$1.43/SF
EGI
$74.3K $20.77/SF
− OpEx
−$22.3K −$6.23/SF
NOI
$52.0K $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%
$1,039,620
Cap Rate 7%
$742,586
Cap Rate 9%
$577,567
Alternative Uses
Best Use
Multifamily LT 5
$742.6K
$649.8K – $866.4K
NOI $51,981 @ 7.0% cap · market cap 6.62%
Second Best
Apartment 5plus
$681.9K
$596.7K – $795.6K
NOI $47,733 @ 7.0% cap · market cap 6.08%
Theoretical Best
Office A
$952.7K
$833.6K – $1.11M
NOI $66,686 @ 7.0% cap · market cap 8.50%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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See the owner, sales and loan history
Open Analytics
Lease Details
4
Residential units
100%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
816
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
$466,500
Median Home Value
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Market
Average Price Trend$/SF for Quadplexes in Sacramento County, CA
Properties on Market for Quadplexes in Sacramento County
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Two residences have remodeled kitchens and bathrooms, while all four units are occupied.
Where is this quadplex located?
The property is located at 7837 Sayonara Drive Citrus Heights, CA.
What is the asking price?
The asking price for this property is $785,000.
What are key features of this property?
This property features: Four 2‑bedroom, 1‑bathroom units in a 3,756‑square‑foot building; All four units are occupied; Two units feature remodeled kitchens and bathrooms, LVP flooring, and carpet
