Reimagined Half-Plex
8061 La Riviera Drive Sacramento, CA 95826
8061 La Riviera Drive, Sacramento, CA, 95826
$369,500
Pending
For Sale
$369,500
Pending
Half-plex with an open-concept interior, two bedrooms, two bathrooms, and a private patio.
Property Size1,082 SF
Days on Market88
Property Features for 8061 La Riviera Drive
General Information
- Standard status
- Pending
- Size
- 1,082 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1977
Listing agency
Blue Waters Mortgage and Real Estate Group
(916) 284-2588
Listed by
Michael H. Arnold · License #01431401
(916) 284-2588
Source
Exitrealty
Added: Apr 27 Updated: Jul 21 at 12:25PM Checked: Jul 22 at 9:56AM
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 Blue Waters Mortgage and Real Estate Group
Investment Insights
Based on property information with market context.
This reimagined half-plex offers an open-concept layout with two bedrooms and two bathrooms. The home includes a chef-inspired kitchen with contemporary appliances and sleek countertops, along with soaring ceilings and premium finishes throughout. A private patio provides outdoor space, and the primary suite is designed as a standout feature of the home.
The property is described as being just steps from the American River, with proximity to the American River Parkway and Sac State. Residents also have access to a community pool and spa.
Overall, the unit is presented as a modern, updated half-plex home with a layout built around shared living and dining space, plus two full bathrooms and a private outdoor area.
The property is described as being just steps from the American River, with proximity to the American River Parkway and Sac State. Residents also have access to a community pool and spa.
Overall, the unit is presented as a modern, updated half-plex home with a layout built around shared living and dining space, plus two full bathrooms and a private outdoor area.
Key Highlights
- 1977‑built half‑plex with 1,082 sq ft of living space
- Open‑concept floor plan with two bedrooms and two bathrooms
- Chef‑inspired kitchen with sleek countertops and contemporary appliances
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $27.9k | $25.80 |
| − Vacancy | −$1.5k | −$1.42 |
| EGI | $26.4k | $24.38 |
| − OpEx | −$7.9k | −$7.31 |
| NOI | $18.5k | $17.07 |
1,082 SF · lease $25.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$263.8K
$230.8K – $307.8K
NOI $18,466 @ 7.0% cap · market cap 5.00%
Second Best
Apartment 5plus
$242.8K
$212.5K – $283.3K
NOI $16,996 @ 7.0% cap · market cap 4.60%
Theoretical Best
Specialty Retail
$290.7K
$254.4K – $339.2K
NOI $20,352 @ 7.0% cap · market cap 5.51%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Half-plex with an open-concept interior, two bedrooms, two bathrooms, and a private patio.
Where is this duplex located?
The property is located at 8061 La Riviera Drive Sacramento, CA.
What is the asking price?
The asking price for this property is $369,500.
What are key features of this property?
This property features: 1977‑built half‑plex with 1,082 sq ft of living space; Open‑concept floor plan with two bedrooms and two bathrooms; Chef‑inspired kitchen with sleek countertops and contemporary appliances
