$824,999
$824,999
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0.39 Acres Lot
SOLD DATE : 02/14/2024
Key Details
Sold Price $824,999
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 223106350
Sold Date 02/14/24
HOA Y/N No
Year Built 1963
Lot Size 0.390 Acres
Acres 0.39
Property Sub-Type Duplex
Source MLS Metrolist
Property Description
Calling all investors! 2 Duplex 4 units. We're thrilled to introduce an exceptional investment opportunity that seamlessly combines comfortable living spaces, modern conveniences, and a strategic location with effortless access to Highway 50 and Highway 49. This offering comprises one of two separate parcels, each housing two duplexes, totaling four individual units per side. Each unit boasts two bedrooms, one bathroom, a one-car garage, and in-unit laundry hookups. With each unit providing just under 800 square feet of living space, this investment is tailor-made for those seeking solid returns and a prime location. A roomy one-car garage is included with each unit, offering secure parking and additional storage. The generous living space, at approximately 800 square feet per unit, ensures tenant comfort. Currently, each unit is rented at an average of $1,500 per month, resulting in a compelling cap rate of 6.6%, making this investment an excellent addition to your portfolio.
Location
State CA
County El Dorado
Area 12702
Direction Pleasant Valley Road to Elizabeth Ln.
Rooms
Other Rooms Unit-1 Type: Apartment Approx SqFt: 750 Full Baths: 1 Total Rooms: 2 Occupancy: Tenant Rent: 1500 SqFt Source: Owner Unit-2 Type: Apartment Approx SqFt: 760 Bedrooms: 2 Full Baths: 1 Rent: 1550 SqFt Source: Owner Unit-3 Type: Apartment Bedrooms: 2 Full Baths: 1 Rent: 1455 Unit-4 Type: Apartment Approx SqFt: 750 Bedrooms: 2 Full Baths: 1 Rent: 1375 SqFt Source: Owner
Basement None
Interior
Heating Electric, Fireplace(s)
Cooling Ceiling Fan(s), Individual
Flooring Carpet, Laminate, Vinyl, Linoleum, Varies by Unit
Appliance Free Standing Electric Oven, Free Standing Electric Range
Laundry Washer/Dryer Hookups
Exterior
Exterior Feature Fenced Yard, Yard Space
Parking Features Garage, Guest Parking Available
Utilities Available Cable Connected, Dish Antenna, Electric
Water Access Desc Water District
Roof Type Composition
Topography Level
Porch Uncovered Patio, Covered Patio
Total Parking Spaces 8
Building
Lot Description Private, Court
Story 1
Foundation Raised, Slab
Sewer Sewer Connected
Water Water District
Architectural Style Traditional
Level or Stories One
Schools
Elementary Schools Gold Oak Union
Middle Schools Gold Oak Union
High Schools El Dorado Union High
School District El Dorado
Others
Senior Community No
Tax ID 331-101-011-000
Special Listing Condition Offer As Is
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