$1,100,000
SOLD OCT 28, 2025

2830 Coloma St Placerville, CA 95667

12 Beds
-- Bath
5,808 Sq Ft
1.04 Acre Lot

Sale Details

Date Sold: October 28, 2025

$189 Per Sq Ft

17% Below List Price

40 Days on Market

Highlights

  • Secluded Lot
  • Private Yard
  • Double Pane Windows
  • Wood Flooring
  • No HOA
  • Landscaped

About This Home

As of October 2025

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.

Last Agent to Sell the Property

Isaac Merritt

ALIVE Commercial Real Estate License #02153945 Listed on: 08/18/2025

Last Buyer's Agent

Isaac Merritt

ALIVE Commercial Real Estate License #02153945 Listed on: 08/18/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1949

Lot Details

  • 1.04 Acre Lot
  • Landscaped
  • Secluded Lot
  • Private Yard

Home Design

  • Concrete Foundation
  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 5,808 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Fire and Smoke Detector
  • Leased Washer and Dryer

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Parking

  • 18 Parking Spaces
  • Carport

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Separate Meters
  • Property is located within a water district

Listing and Financial Details

  • Assessor Parcel Number 001-111-045-000

Community Details

Overview

  • No Home Owners Association
  • 12 Units

Amenities

  • Laundry Facilities

Building Details

  • 11 Leased Units
  • 1 Vacant Unit
  • Operating Expense $68,356
  • Net Operating Income $53,282

Property Details

Home Type

Multi-Family

Year Built

Built in 1949

Lot Details

1.04 Acres

Listing Details

  • Property Type: Residential Income
  • Subtype Description: Apartments
  • Property Subtype 1: 5 or More Units
  • Stories: 2
  • Year Built: 1949
  • Stories: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Laminate, Vinyl, Wood
  • Price Per Square Foot: 189.39
  • Square Footage: 5808.00
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Stucco, Wood
  • Exterior Features: Yard Space
  • Foundation: Slab, Concrete
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 1325000.00
  • Lot Features: Secluded, Landscape Front
  • New Construction: No
  • Pool: No
  • Roof: Shingle, Composition
  • Spa: No

Garage/Parking

  • Parking Features: Carport, Covered
  • Total Parking Spaces: 18.00

Utilities

  • Security: Smoke Detector, Other
  • Sewer: Public Sewer
  • Utilities: City, Electric
  • Cooling: Ceiling Fan(s), Wall Unit(s)
  • Heating: Baseboard
  • Laundry Features: Washer/Dryer Leased, In Common Area
  • Water Source: Water District, Public
  • Separate Meters: Electricity

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: El Dorado Union High

Lot Info

  • Zoning: R2
  • Irrigation: Public District
  • Lot Size Acres: 1.0400
  • Lot Size Sq Ft: 45302.00

Multi Family

  • Operating Expense: 68356
  • Income Includes: ["Rent Only"]
  • Number of Leased Units: 11
  • Number of Units: 12
  • Number of Vacant Units: 1

Tax Info

  • Assessor Parcel Number: 001-111-045-000
  • Bonds/Assessments/Taxes Description: Local Assessments
  • Bonds/Assessments/Taxes: Yes

MLS Schools

  • School District (County): El Dorado

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2025
Closed on
Oct 22, 2025
Sold by
Bought by
Seller's Agent
Isaac Merritt
ALIVE Commercial Real Estate
Buyer's Agent
Isaac Merritt
ALIVE Commercial Real Estate
List Price
$1,325,000
Sold Price
$1,100,000
Premium/Discount to List
-$225,000
-16.98%
Views
20

Purchase Details

Closed on
Sep 2, 2015
Sold by
Bought by

Purchase Details

Closed on
Apr 4, 2006
Sold by
Bought by

Purchase Details

Closed on
Dec 10, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$429,000
Interest Rate
0.0592%
Mortgage Type
Unknown

Purchase Details

Closed on
May 26, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,250
Interest Rate
0.0815%
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $1,100,000 First American Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Placer Title Co
Grant Deed $375,000 Placer Title Company
Source: Public Records

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
Closed $595,000 Balloon
Closed $429,000 Unknown
Closed $281,250 No Value Available
Source: Public Records

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
10/28/2025 10/28/25 Sold $1,100,000 -17.0% $189 / Sq Ft
09/27/2025 09/27/25 Pending -- -- --
09/22/2025 09/22/25 For Sale $1,325,000 0.0% $228 / Sq Ft
08/25/2025 08/25/25 Pending -- -- --
08/18/2025 08/18/25 For Sale $1,325,000 -- $228 / Sq Ft
Source: MetroList

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
2025 $6,268 $576,337 $156,756 $419,581
2024 $6,268 $565,037 $153,683 $411,354
2023 $6,276 $561,259 $150,670 $410,589
2022 $6,193 $550,398 $147,716 $402,682
2021 $6,135 $540,480 $144,820 $395,660
2020 $6,041 $534,292 $143,336 $390,956
2019 $5,973 $523,960 $140,526 $383,434
2018 $5,803 $513,830 $137,771 $376,059
2017 $5,723 $503,899 $135,070 $368,829
2016 $5,663 $496,233 $132,422 $363,811
2015 $5,511 $488,922 $130,434 $358,488
2014 $5,425 $479,830 $127,880 $351,950
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 225108724

MetroList

APN: 001-111-45-100

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