$1,125,000
$75K PRICE DROP

504 Angels Rd San Andreas, CA 95249

Estimated payment $7,002/month

Total Views 2,478
18 Beds
1 Bath
6,500 Sq Ft
$173 Price per Sq Ft

Highlights

  • No HOA
  • High Speed Internet
  • Vinyl Flooring

About This Home

504 Angels Road presents an exceptional opportunity to acquire a fully occupied, income-generating 8-unit apartment complex in the heart of San Andreas, CA. The property is strategically located just minutes from downtown, local shopping, restaurants, and essential services - making it an ideal location for long-term tenants. With a strong rental history, consistent occupancy, and long-term residents in place, the complex provides investors with immediate, reliable cash flow and stability in a desirable market. This well-maintained property offers both security and growth potential. Recent upgrades to key systems have reduced maintenance costs, ensuring a low-maintenance investment, while below-market rents create a clear path for increased revenue and long-term value appreciation. With a current cap rate of 7.02% and NOI of $78,972, this property is a turnkey opportunity that combines strong performance with upside potential, perfect for both seasoned investors and those looking to expand their multifamily portfolio in one of Calaveras County's most attractive rental markets.

Listing Agent

Andy Hodgson

Colliers Parrish Inten'l Inc. License #01796017 Listed on: 09/03/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 0.32 Acre Lot

Home Design

  • Raised Foundation
  • Stucco

Interior Spaces

  • 6,500 Sq Ft Home
  • 2-Story Property
  • Vinyl Flooring

Parking

  • 8 Parking Spaces
  • Covered Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace
  • Natural Gas Connected
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 042-032-015

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 8 Units

Building Details

  • 8 Leased Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Subtype Description: Apartments
  • Property Subtype 1: 5 or More Units
  • Stories: 2
  • Year Built: 1964
  • Stories: 2
  • Number of Three Bedroom Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Vinyl
  • Price Per Square Foot: 173.08
  • Square Footage: 6500.00

Exterior Features

  • Construction Materials: Stucco, Wood
  • Foundation: Raised
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 1125000.00
  • Lot Features: None
  • New Construction: No
  • Pool: No
  • Spa: No

Garage/Parking

  • Parking Features: Covered, See Remarks
  • Total Parking Spaces: 8.00

Utilities

  • Security: None
  • Sewer: See Remarks
  • Utilities: Cable Available, Cable Connected, Sewer Connected, City, Electric, Internet Available, Natural Gas Connected
  • Cooling: Wall Unit(s)
  • Heating: Wall Furnace
  • Laundry Features: Varies by Unit
  • Water Source: See Remarks

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: Calaveras Unified

Lot Info

  • Zoning: CP - Professional Office Zone
  • Irrigation: See Remarks
  • Lot Size Acres: 0.3200
  • Lot Size Sq Ft: 13939.00

Multi Family

  • Income Includes: ["See Remarks"]
  • Number of Leased Units: 8
  • Number of Units: 8

Tax Info

  • Assessor Parcel Number: 042-032-015
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Calaveras

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/02/2025 10/02/25 Price Changed $1,125,000 -6.3% $173 / Sq Ft
09/03/2025 09/03/25 For Sale $1,200,000 +234.3% $185 / Sq Ft
08/08/2014 08/08/14 Sold $359,000 -7.9% $110 / Sq Ft View Prior Sale
07/09/2014 07/09/14 Pending -- -- --
05/17/2014 05/17/14 For Sale $389,900 +77.2% $120 / Sq Ft
01/15/2013 01/15/13 Sold $220,000 -10.2% $68 / Sq Ft View Prior Sale
12/16/2012 12/16/12 Pending -- -- --
12/12/2012 12/12/12 For Sale $245,000 -- $75 / Sq Ft
Source: MetroList

Source: MetroList

MLS Number: 225115649

MetroList