18527 N Cherry Creek Rd Grass Valley, CA 95949
Alta Sierra AreaEstimated payment $3,617/month
Highlights
- Forest View
- Double Pane Windows
- Dog Run
- No HOA
- Bungalow
- High Speed Internet
About This Home
Do Not Disturb Tenants. Incredible investment opportunity in a prime location. This unique income property features four detached homes on a single lot, providing an immediate cash flow from day one. It is an investor dream come true, especially with reliable tenants already in place who would love to stay. To make your transition seamless, Mountain Valley Property Management is already managing the rentals and can easily continue overseeing the property for the new owner. The property includes four distinct units, each offering unique features and privacy. Unit one, located at 18535, is a spacious three bedroom, two bathroom home that was tastefully updated just a few years ago. It features a fully fenced yard and a lovely garden space, along with ample parking for multiple vehicles and dedicated room for an RV. This house currently rents for $1,995 per month. Unit two, located at 18565, is a charming two bedroom, one bathroom home featuring a bright, open concept layout with high ceilings in the living room. It also includes its own private side yard and a covered porch. Unit three is a well designed studio that includes a functional office space, a loft, a full bathroom, a cozy living room, and a small kitchen. This unit enjoys a generous, nicely sized fenced yard. Unit four is another efficient studio layout, offering an office space, a small living room, a full kitchen, and its own private fenced yard. The entire property offers plenty of uncovered open parking spots allocated for each unit. Situated right off Highway 49, the location is unbeatable for convenience. Commuters will love the quick freeway access, making it a short drive to either downtown Grass Valley or Auburn. Residents are just minutes away from essential amenities, including Target, local shopping, and the nearby hospital. For outdoor enthusiasts, the property offers easy access to the beautiful local rivers and lakes, making this a highly desirable rental location for long term tenants. It is being sold with tenants in place and subject to tenant rights
Property Details
Home Type
- Multi-Family
Lot Details
- 28,750 Sq Ft Lot
- Dog Run
- Irregular Lot
Home Design
- Quadruplex
- Bungalow
- Raised Foundation
- Composition Roof
Interior Spaces
- 3,000 Sq Ft Home
- 1-Story Property
- Double Pane Windows
- Forest Views
- Free-Standing Gas Range
Flooring
- Carpet
- Linoleum
- Vinyl
Parking
- 10 Open Parking Spaces
- 10 Parking Spaces
Utilities
- Wall Furnace
- Propane
- Septic System
- High Speed Internet
Listing and Financial Details
- Assessor Parcel Number 056-110-010-000
Community Details
Overview
- No Home Owners Association
- 4 Buildings
- 4 Units
Building Details
- 4 Leased Units
- 4 Units Leased Month-To-Month
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $4,485 | $410,927 | $100,795 | $310,132 |
| 2025 | $4,321 | $406,850 | $102,799 | $304,051 |
| 2024 | $4,238 | $398,874 | $100,784 | $298,090 |
| 2023 | $4,238 | $340,228 | $89,239 | $250,989 |
| 2022 | $3,729 | $333,558 | $87,490 | $246,068 |
| 2021 | $3,628 | $327,019 | $85,775 | $241,244 |
| 2020 | $3,618 | $323,667 | $84,896 | $238,771 |
| 2019 | $3,485 | $317,322 | $83,232 | $234,090 |
| 2018 | $3,474 | $311,100 | $81,600 | $229,500 |
| 2017 | $1,301 | $104,397 | $27,835 | $76,562 |
| 2016 | $1,256 | $102,351 | $27,290 | $75,061 |
| 2015 | $1,237 | $100,815 | $26,881 | $73,934 |
| 2014 | $1,217 | $98,841 | $26,355 | $72,486 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/07/2026 08/07/26 | For Sale | $589,000 | 0.0% | $196 / Sq Ft | |
| 07/08/2026 07/08/26 | Pending | -- | -- | -- | |
| 06/19/2026 06/19/26 | For Sale | $589,000 | +90.4% | $196 / Sq Ft | |
| 03/07/2017 03/07/17 | Sold | $309,425 | -11.6% | -- | View Prior Sale |
| 02/01/2017 02/01/17 | Pending | -- | -- | -- | |
| 09/19/2016 09/19/16 | For Sale | $350,000 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $300,000 | Stewart Title Of California | |
| Interfamily Deed Transfer | -- | Stewart Title Of Ca Inc | |
| Interfamily Deed Transfer | -- | Stewart Title Of Ca Inc | |
| Grant Deed | $309,500 | Placer Title Company | |
| Interfamily Deed Transfer | -- | None Available |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $420,000 | New Conventional | |
| Previous Owner | $250,000 | Commercial |
Source: MetroList
MLS Number: 226076251
APN: 056-110-010-000
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