2830 Coloma Street, Placerville, CA 95667

Local realty services provided by:ERA Carlile Realty Group
2830 Coloma Street,Placerville, CA 95667
$1,325,000
  • - Beds
  • - Baths
  • 5,808 sq. ft.
  • Multi-family
  • Active
Listed by:isaac merritt
Office:alive commercial real estate
MLS#:225108724
Source:MFMLS

Price summary

  • Price:$1,325,000
  • Price per sq. ft.:$228.13

About this home

Villas De Coloma, is a rare 12-unit value-add opportunity in the heart of historic Placerville, CA. Built in 1949 and meticulously maintained thereafter, the property sits on an oversized 1 acre lot and located within walking distance to downtown Placerville's vibrant shops, restaurants, and amenities. The community offers twelve one-bedroom, one-bath units, covered parking spaces, and an onsite laundry facility. Current rents average more than $450 below market, presenting significant upside for the next owner to stabilize at market rents without substantial renovations. Placerville's 10,656 residents face a chronic housing shortage, with no new market-rate multifamily projects under construction or planned. The high barriers to entrydriven by limited supply and rising single-family home prices regularly exceeding $1,000,000create a supply-constrained environment that strongly favors the existing rental stock. Villas De Coloma checks all the boxes for a Value Add opportunity,

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Home facts

  • Year built:1949
  • Listing Id #:225108724
  • Added:1 day(s) ago
  • Updated:August 18, 2025 at 10:43 PM

Rooms and interior

  • Living area:5,808 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fan(s), Wall Unit(s)
  • Heating:Baseboard

Structure and exterior

  • Roof:Composition Shingle, Shingle
  • Year built:1949
  • Building area:5,808 sq. ft.
  • Lot area:1.04 Acres

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,325,000
  • Price per sq. ft.:$228.13
MLS LogoMetroList MLS 2025. This information is being provided by MetroList MLS. All measurements and 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. Data Updated: August 18, 2025. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Any offer of compensation is made only to Participants of MLS where the subject listing is filed and in accordance with such MLS's regulations or rules.