For Sale
$770,000

2655 Woodridge CtPlacerville, CA 95667

Prime Placerville 4-plex, great returns.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents a well-maintained four-plex located at 2655 Woodridge Court, Placerville, CA 95667, in El Dorado County. Offered at $770,000, this property boasts a strong rental history, having been under the same ownership for 25 years. The building comprises four units: two are two-bedroom, one-bathroom apartments, and two are one-bedroom, one-bathroom apartments. All units are currently occupied under month-to-month leases, providing immediate cash flow. Convenient covered parking accommodates four vehicles, with two additional uncovered spaces available. Residents benefit from ample storage space and the convenience of on-site coin-operated laundry facilities. The property's desirable location offers easy access to the shopping, dining, and entertainment options of downtown Placerville, enhancing its appeal to tenants. This special purpose property presents a rare chance to acquire a stable, income-generating asset in a thriving California market. The property is classified as Commercial, Other, and is land and special purpose. This is a turnkey investment ready for a new owner.

Highlights

  • Exceptional four-plex investment opportunity in Placerville, CA, offered at $770,000.
  • Strong rental history with 25 years under same ownership; currently generating immediate cash flow with month-to-month leases.
  • Four units total: two 2-bed/1-bath, and two 1-bed/1-bath apartments.
  • Six parking spaces (four covered, two uncovered), on-site coin-op laundry, and ample storage.
  • Desirable location near downtown Placerville's amenities; turnkey investment.

Property Details for 2655 Woodridge Ct

Property type
Specialty properties, Land

Location Insight

City
Placerville
County
El Dorado
State
California
Latitude
38.7397134
Longitude
-120.8285198
2655 Woodridge Ct, Placerville, California

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2655 Woodridge Ct
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