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
- Pending
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, combining a low entry basis, proven demand, and immediate rental upside potentiala rare opportunity in one of Northern California's most supply-starved submarkets.
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Home facts
- Year built:1949
- Listing ID #:225108724
- Added:43 day(s) ago
- Updated:October 01, 2025 at 07:18 AM
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
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