Updated Duplex with Rental
For Sale
$490,000
8008 Loucreta Dr, Sacramento, CA 95828
Two-bedroom units include one refreshed interior and one occupied unit, supporting immediate residential use with existing tenancy.
Property Size1,636 SF
Price / SF$299.51
Days on Market26
Property Features for 8008 Loucreta Dr
General Information
Standard status
Active
Size
1,636 SF
Property subtype
Multi-Family
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Building Details
Year Built
1963
Listing Agency:
Family Realty Group
(916) 248-0255
Listed By:
Ramen Lal · License #01494960
Source:
Yoffierealestategroup
Added: Aug 6
Changed: Aug 30
Last Checked: Aug 30 at 8:48PM
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 Family Realty Group
Investment Insights
Based on property information with market context.
This duplex contains two residential units, each arranged with 2 bedrooms and 1 bathroom. The 1,636-square-foot property was built in 1963. One unit is vacant and has received fresh paint, newer flooring, and updated kitchen and bathroom finishes. The second unit is occupied by a tenant, providing an established rental component for the next owner.
Located at 8008 Loucreta Dr in Sacramento, the property is near shopping, dining, schools, and major commuter routes. The combination of one ready-to-occupy unit and one tenant-occupied unit supports both owner-occupancy and continued rental use, subject to applicable requirements.
Located at 8008 Loucreta Dr in Sacramento, the property is near shopping, dining, schools, and major commuter routes. The combination of one ready-to-occupy unit and one tenant-occupied unit supports both owner-occupancy and continued rental use, subject to applicable requirements.
Key Highlights
- Duplex with two 2‑bedroom, 1‑bathroom units
- 1,636 SF property built in 1963
- Vacant unit updated with fresh paint and newer flooring
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
$27,358
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
5.58%
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%
$547,160
$547.2K
Cap Rate 7%
$390,829
$390.8K
Cap Rate 9%
$303,978
$304.0K
Market Conditions
NOI Build-Up for 1,636 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
$41.2K $25.20/SF
− Vacancy
−$2.1K −$1.31/SF
EGI
$39.1K $23.89/SF
− OpEx
−$11.7K −$7.17/SF
NOI
$27.4K $16.72/SF
Area
ZIP 95828
Vacancy
5.20%
Lease Rate
$25.20 /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%
$547,160
Cap Rate 7%
$390,829
Cap Rate 9%
$303,978
Alternative Uses
Best Use
Multifamily LT 5
$390.8K
$342.0K – $456.0K
NOI $27,358 @ 7.0% cap · market cap 5.58%
Second Best
Apartment 5plus
$341.4K
$298.8K – $398.3K
NOI $23,900 @ 7.0% cap · market cap 4.88%
Theoretical Best
Office A
$435.8K
$381.4K – $508.5K
NOI $30,509 @ 7.0% cap · market cap 6.23%
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
325
Businesses Nearby
Explore this area
Business Placement
Demographics for 95828, CA
63,116
Population
18,603
Households
3.4
Avg Household Size
36
Median Age
17%
College-Educated
77%
High-School Grad
12.4 sq mi
ZIP Area
5,090
Density / Sq Mi
$77,524
Median Household Income
$39,136
Median Earnings
$1,709
Median Rent
$377,300
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 - Two-bedroom units include one refreshed interior and one occupied unit, supporting immediate residential use with existing tenancy.
Where is this duplex located?
The property is located at 8008 Loucreta Dr Sacramento, CA.
What is the asking price?
The asking price for this property is $490,000.
What are key features of this property?
This property features: Duplex with two 2‑bedroom, 1‑bathroom units; 1,636 SF property built in 1963; Vacant unit updated with fresh paint and newer flooring
