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920 Pacific Street $2,597,000

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    920 Pacific Street Placerville, CA 95667

    • 0 Beds
    • 0 Baths
    • Multi-Family
    • MLS# 221057522
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    Views: 18

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    Property Details

    Pacific Pines Apartments is an opportunity to purchase 920,924 & 928 Pacific Street, a 4 building 15-unit multifamily community in Placerville, CA. Most investors struggle with finding multifamily investment property to purchase located in a next to zero inventory market, in a park-like low-density setting, with 86% two-bedroom units while having an opportunity to raise rents in a submarket of the greater Sacramento major market which has ranked as one of the top markets for rent growth in the nation.

    • General Features
      • Year Built 1989
      • Property Subtype 5 or More Units
      • County El Dorado
      • Association Fee $0
      • Association No
    • Building Features
      • Appliances Dishwasher, Disposal
      • Carport Spaces 0
      • Num Commercial Units 0
      • Number of Buildings 4
      • Independent Parking Spaces 0
      • Number of Floors 2
      • Heating Central, Varies by Unit
      • Laundry Features Washer/Dryer Owned
      • Levels One,Two
      • Foundation Raised
      • Garage Spaces 0
      • Flooring Carpet, Varies by Unit
      • Covered Spaces 0
      • Cooling Central, Wall Unit(s), Varies by Unit
      • Parking Features Carport, Guest Parking Available
      • Open Parking Spaces 0
      • Number of Studio Units 1
      • Number of Units Total 15
      • Total Parking Spaces 30
      • Stories 2
      • Sewer Public Sewer
      • Number of Guest Spaces 0
      • Tandem Parking Spaces 0
      • Water Source Public
    • Property Features
      • Lot Size Source Owner
      • Lot Size Square Feet 65906
      • Lot Size Acres 1.51
    • Schools
      • Senior High School District El Dorado Union High
      • School District County El Dorado
      • Middle or Junior School District Placerville Union
      • Elementary School District Placerville Union

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    Neighborhood

    95667 (Placerville) Demographics

    49 Median Age
    213 Population Density (per sq. mile)
    38% College Educated
    $56,584 Estimated Median Income
    10,791 Estimated Total Home Owners
    3,652 Estimated Total Renters
    75% / 25% Estimated Owner / Renter Divide
    4 Estimated Average Household Size
    36,859 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $0 Median Sales Price
    0 Homes Sold
    75 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: $2,597,000
        8/6/2021 12:03:02 PM Status Changed Source: Multiple Listing Service New Value: Pending
        5/25/2021 8:05:00 PM New in Database Source: Multiple Listing Service New Value: $2,597,000

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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 9/24/2021 2:06:49 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.