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$1,150,000
3,876 SqFt. 226108183 MLS
Four-Unit Apartment Complex Investor Opportunity Well-maintained four-unit apartment complex featuring four spacious 2-bedroom, 2-bath units, each thoughtfully designed with a kitchen, separate dining area, and excellent private outdoor space. Upper units offer private patios, while lower units feature sliding glass doors leading to covered private front patios plus private fenced backyards an attractive feature for tenants. Each unit includes a master bathroom with separate vanity area, split-system heating and air conditioning installed in 2022, and a private covered storage unit measuring approximately 4' x 12'. Three of the four units have newly installed ceiling fans. One upper unit features newer showers and toilets, approximately one year old. Two units were remodeled approximately five years ago with durable commercial-strength vinyl flooring, new kitchen cabinets and countertops, and new dishwashers, ovens, and range hoods. Unit #6 also features a brand-new dishwasher. Additional property amenities include a community laundry room with space for one washer and one dryer; the washer and dryer are not currently provided and would need to be supplied by the property owner. The property also features a newer roof, approximately seven years old, with a favorable recent roof inspection. Eight total parking spaces are available, including covered assigned parking. The low-maintenance grounds feature an outdoor common area, established landscaping with drip irrigation, and no grass to mow. A side yard offers potential for a community or residential garden area. Conveniently located near schools and public transportation, this well-maintained property offers desirable unit layouts, private outdoor spaces, storage, parking, and numerous recent improvements make this an appealing investment opportunity.

4184 Oro Lane, El Dorado

Listing courtesy of Vista Sotheby's International Realty.

$849,000
2,792 SqFt. 226100734 MLS
Welcome to 3673 Spruce Ave, a well-located South Lake Tahoe quadruplex property offering an exceptional opportunity for an owner-occupant, second-home owner, vacation property buyer, or investor. This 4-bedroom, 4-bath property offers approximately 2,792 square feet and was built in 1966, providing a versatile layout with excellent potential in one of Lake Tahoe's most sought-after destinations. Ideally situated just minutes from Heavenly Mountain Resort, Stateline casinos, and the shores of Lake Tahoe, the property places you close to year-round recreation, shopping, dining, entertainment, and outdoor adventure. Enjoy convenient access to Heavenly Village, Whole Foods Market, nearby beaches, restaurants, ski and boat rentals, and the shuttle to Heavenly, making it easy to enjoy Tahoe without having to rely on a car. Outdoor enthusiasts will appreciate the proximity to world-class skiing and snowboarding, hiking, biking, boating, paddle boarding, and the area's beautiful beaches. The surrounding towering pine trees create the quintessential Tahoe setting, while the outdoor space offers an opportunity to relax and enjoy the mountain atmosphere after a day on the slopes or at the lake. Whether you're looking for a primary residence, vacation getaway, second home, or income-producing investment, this property offers flexibility and an enviable location with the potential to maximize the Tahoe lifestyle and investment opportunity. Don't miss your chance to own a quadruplex property in the heart of South Lake Tahoe, close to everything that makes this area a year-round destination. DO NOT DISTURB TENANTS

3673 Spruce Avenue, South Lake Tahoe

Listing courtesy of Garner Real Estate.

$689,000
3,044 SqFt. 226095754 MLS
Great investment opportunity in El Dorado. Come see this well maintained single story triplex. The 3 units are just under 1000 sq feet each, with their own private fenced patios, plus an open area behind the building for gardening or visiting. The Parking Lot features a 2 car Carport with storage cabinets for each unit and 5 more open parking spaces. 1 Unit is an updated 2 bedroom, 2 bathrooms with newer carpeting and all dual pane windows. The other 2 units are 2 bedrooms and 1 bathroom with various updating and partial dual pane windows, one with an updated kitchen and newer Bosch heat and air split system. New Roof in 2021 and nice exterior paint. Laundry Room with sink, washer, dryer and dedicated water heater. Terrific opportunity for some passive income, or eventually live in one unit while renting out the other two. Convenient location close to Union Mine High School, freeway access and other conveniences.

4180 Oro Lane, El Dorado

Listing courtesy of eXp Realty of California, Inc..

$985,000
3,990 SqFt. 226095786 MLS
This well maintained apartment complex located in the heart of Placerville is perfect for anyone looking to diversify their portfolio or start their real estate investment journey. This 5-plex has five 2bd/1ba units, each with a 1 car garage with washer/dryer hookups, & a fenced backyard. The fenced backyard provides a secure and private outdoor retreat for each unit. 3 new A/C systems were installed in the last 24 months. Residents will enjoy a sense of community while being close to local shops, dining, entertainment, & the proximity to historic downtown Placerville. Whether you're a seasoned investor or new to real estate, this property has 5 current tenants for immediate income plus the possibility of future appreciation.

635 Weaver Way, Placerville

Listing courtesy of eXp Realty of California, Inc..

$3,750,000
13,495 SqFt. 226091706 MLS
Camelot Woods Condominiums, a 15-unit townhouse-style condominium community located in the desirable Cameron Park submarket of El Dorado County. Constructed in 2008, the property offers investors the rare opportunity to acquire a newer vintage multifamily asset featuring spacious townhome floor plans, stable rental history, and meaningful income upside with more aggressive management. Camelot Woods Condominiums consists of fifteen two-bedroom, one-and-one-half-bathroom townhouse residences, each approximately 900 square feet. The thoughtfully designed twostory floor plans provide residents with the comfort and privacy similar to single-family living while maintaining the operational efficiencies of a professionally managed rental community. Each residence features maple cabinetry, solid surface countertops, tile flooring in the kitchen and dining areas, central heating and air conditioning, in-unit laundry, private patios or balconies, and covered parking. Additional parking spots are available for rent. Current ownership has maintained the property to a high standard (SB 721 compliant), resulting in an attractive community with minimal deferred maintenance. Built in 2008, Camelot Woods benefits from newer construction than most multifamily inventory in the region, reducing near-term capital expenditure requirements and allowing a new owner to focus on income growth. Average in-place rents of approximately $1,746 per month remain below the projected market average of approximately $1,995 per month, providing investors with a clear opportunity to increase revenue through natural lease turnover and not needing to renovate units to achieve market rent. Ideally located in the heart of Cameron Park, residents enjoy convenient access to Highway 50, placing major employment centers in Folsom, El Dorado Hills, Placerville, and Downtown Sacramento within an easy commute. The community is surrounded by grocery stores, restaurants, parks, schools, and everyday conveniences while benefiting from Cameron Park's desirable foothill setting, highly-regarded quality of life, and strong rental demand.

3958 Lancelot Court, Cameron Park

Listing courtesy of Marcus & Millichap Real Estate.

$1,500,000
5,250 SqFt. 226090746 MLS
Excellent investment opportunity with Kingslike Apartments, a well-maintained, fully occupied, 10-unit apartment complex, with an 11th unit for management, if needed. Located in the heart of Georgetown and situated on nearly an acre with prime Highway frontage, this successful income-producing property offers high rental income in an appealing and convenient location for occupants, close to local restaurants, parks, shopping, the historic saloon, and other community amenities. The property features 10 studio units plus a 2-bedroom manager suite, with utilities including Wi-Fi, water, sewer, garbage, and electricity currently included in the rents, providing added convenience for tenants. A new roof offers peace of mind for future ownership, and on-site management is available to assist with a smooth transition. Residents enjoy easy access to the area's many outdoor recreational opportunities, including hiking, boating, fishing, and swimming at nearby lakes just a scenic drive-up Wentworth Springs Road. Historic Coloma and the South Fork of the American River are also nearby, offering whitewater rafting, gold panning, and year-round tourism. Don't miss this outstanding opportunity to own a fully occupied investment property in the heart of Gold Country.

6350 State Highway 193, Georgetown

Listing courtesy of RE/MAX GOLD.

$860,000
3,000 SqFt. 226066987 MLS
PRICE REDUCED & GREAT CONDITION: 3237 Francis Avenue, a rare updated 4-unit, all 2bed, investment opportunity in the historic Gold Country community of Placerville, CA. Three year old roof, new electrical meters, new propane tanks, all washouts and main water lines recently cleaned! Situated just a short walk from the shops and restaurants of downtown Placerville, the property benefits from an irreplaceable location with strong tenant appeal. The building consists of four (2) two-bedroom, one-bathroom units, each averaging approximately 750 square feet. The spacious floor plans and walkable location have fostered long-term tenancy, providing a stable foundation with meaningful upside through repositioning and rent growth. Placerville's multifamily market is uniquely supply-constrained. With a population of 10,656 residents and zero new market-rate multifamily construction underway or planned, the city faces a severe shortage of rental housing. At the same time, high barriers to homeownershipdriven by elevated purchase prices and interest ratesfurther constrain mobility and reinforce demand for quality rental product. This dynamic creates a favorable environment for landlords, where the cost of renting continues to represent a meaningful discount to owning.

3237 Francis Avenue, Placerville

Listing courtesy of ALIVE Commercial Real Estate.

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