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27933 Cherokee Road $1,125,000

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    27933 Cherokee Road North San Juan, CA 95960

    • 0 Beds
    • 0 Baths
    • Multi-Family
    • MLS# 222051113
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    Views: 5

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    Property Details

    This investment portfolio consists of two parcels. One parcel has 1 building and the other has 4 buildings. Property addresses are 27885 (3 units), 27923 (Small House), 27925 & 27927 (Duplex), 27929 & 27931 (Duplex) and 27933 (Large House) Cherokee Road. 3-1 bedroom, 5- 2 bedroom, and 1- 3-bedroom units with 2 baths. Great cash flow with few owner expenses historically. 7 units are scheduled for an annual rent increase of 9% (5% plus CPI) this fall. Current annual rents are $103,461. This is a unique investment opportunity in Nevada County for tenants who desire to live near outdoor recreation. Sale consists of parcel # 060-120-049 and # 060-120-038

    • General Features
      • Year Built 1983
      • Property Subtype 5 or More Units
      • County Nevada
      • Association Fee $0
      • Association No
    • Building Features
      • Accessibility Features Varies By Unit
      • Appliances Free Standing Gas Range, Varies By Unit
      • Carport Spaces 0.00
      • Construction Materials Wood, Metal
      • Num Commercial Units 0
      • Number of Buildings 5
      • Independent Parking Spaces 0
      • Number of Floors 2
      • Heating Central, Propane, Wall Furnace, Varies by Unit
      • Foundation Raised, Slab
      • Garage Spaces 0.00
      • Flooring Carpet, Laminate, Varies by Unit
      • Electric 220 Volts
      • Covered Spaces 0.00
      • Cooling None
      • Open Parking Spaces 9.00
      • Number of Studio Units 0
      • Number of Units Total 9
      • Patio And Porch Features Covered Patio, Varies by Unit
      • Roof Composition, Metal
      • Total Parking Spaces 12.00
      • Stories 1
      • Sewer Public Sewer
      • Number of Guest Spaces 0
      • Tandem Parking Spaces 0
      • Water Source Well, Private
    • Property Features
      • Lot Size Source Assessor Auto-Fill
      • Lot Size Square Feet 44431.00
      • Lot Size Acres 1.02
    • Schools
      • Senior High School District Nevada Joint Union
      • School District County Nevada
      • Middle or Junior School District Pleasant Ridge
      • Elementary School District Pleasant Ridge

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    Neighborhood

    95960 (North San Juan) Demographics

    40 Median Age
    12 Population Density (per sq. mile)
    42% College Educated
    $33,910 Estimated Median Income
    200 Estimated Total Home Owners
    105 Estimated Total Renters
    66% / 34% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    592 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $0 Median Sales Price
    0 Homes Sold
    0 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $1,125,000
        4/26/2022 4:02:00 PM New in Database Source: Multiple Listing Service New Value: $1,125,000

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        ** Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Information is provided in part by the IDX program of METROLIST SERVICES, INC. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listing information last updated 6/26/2022 7:02:21 AM. All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Terms of Use

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.