NOT LISTED FOR SALE

920 Pacific St Placerville, CA 95667

3 Beds
2 Baths
600 Sq Ft
1.51 Acres

Last Sold July 26, 2022

Last sale price $2,500,000 $4,167 Per Sq Ft

53 Days on Market

Highlights

  • 1.51 Acre Lot
  • Corner Lot
  • Balcony
  • View of Hills
  • No HOA
  • 2-minute walk to Rotary Park

About This Home

As of July 2022

(4) building 15-unit multifamily. Most investors struggle with finding multifamily investment property to purchase located in a next to zero inventory market, in a park-like low-density setting, with 86% two-bedroom units while having an opportunity to raise rents in a submarket of the greater Sacramento major market which has ranked as one of the top markets for rent growth in the nation. Pacific Pines Apartments is a rare find!

Last Agent to Sell the Property

Brett Swarts

eXp Commercial of California, Inc. License #01774876 Listed on: 03/21/2022

eXp Commercial of California, Inc.

Last Buyer's Agent

Wendell Smith

Capital Valley Realty Group License #02004646

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1989

Lot Details

  • 1.51 Acre Lot
  • Corner Lot
  • Lot Has A Rolling Slope

Parking

  • 2 Car Garage
  • 14 Carport Spaces
  • Guest Parking
  • On-Street Parking
  • 6 Open Parking Spaces
  • Off-Street Parking
  • Off-Site Parking

Home Design

  • Raised Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Fireplace
  • Double Pane Windows
  • Views of Hills
  • Carbon Monoxide Detectors
  • Washer and Dryer Hookup

Kitchen

  • Free-Standing Gas Oven
  • Free-Standing Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Outdoor Features

  • Balcony

Utilities

  • Central Air
  • Window Unit Cooling System
  • Mini Split Heat Pump
  • Hot Water Heating System
  • Propane
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for rent only, electricity, gas
  • Assessor Parcel Number 003-241-060-000

Community Details

Overview

  • No Home Owners Association
  • 4 Buildings
  • 15 Units

Additional Features

  • Laundry Facilities
  • 15 Leased Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1989

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: Apartments,Garden Apartments
  • Property Subtype 1: 5 or More Units
  • Stories: 2
  • Year Built: 1989
  • Levels: One, Two
  • Stories: 2
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Gas Oven, Free Standing Gas Range, Free Standing Refrigerator, Dishwasher, Disposal
  • Flooring: Carpet, Tile, Laminate, Vinyl, Varies by Unit
  • Basement: None
  • Price Per Square Foot: 168.35
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Frame, Wood Siding
  • Disclosures/Documents: Property Inspection, Rent Control, Home Inspection Report, See Remarks
  • Foundation: Raised
  • Listing Price: 2697000.00
  • Lot Features: Corner, Curbs/Gutters
  • Patio And Porch Features: Balcony/Deck, Varies by Unit
  • Property Condition: Varies by Unit
  • Roof: Shingle, Composition, Metal
  • Topography: Rolling
  • View Description: Hills

Garage/Parking

  • Open Parking Spaces: 6.00
  • Carport Spaces: 14.00
  • Covered Parking Spaces: 16.00
  • Garage Spaces: 2.00
  • Parking Features: Off Street, Offsite, Open, Carport, Street, Garage, Varies by Unit, Guest Parking Available
  • Total Parking Spaces: 22.00

Utilities

  • Security: Carbon Mon Detector
  • Sewer: Public Sewer
  • Utilities: Cable Available, Propane, Electric, Internet Available
  • Cooling: Central, Window Unit(s), Varies by Unit
  • Heating: Fireplace(s), Hot Water, Individual, Varies by Unit
  • Laundry Features: Washer/Dryer Owned, Varies by Unit, Washer/Dryer Hookups
  • Water Source: Public
  • Separate Meters: Electricity,Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: El Dorado Union High

Lot Info

  • Zoning Description: R3
  • Irrigation: Public District
  • Lot Size Acres: 1.5100
  • Lot Size Sq Ft: 65776.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Rent Only, Electricity, Gas
  • Lease Term: Varies By Unit
  • Total # Leasable: 15

Multi Family

  • Income Includes: Rent Only
  • Number of Leased Units: 15
  • Number of Units: 15

Tax Info

  • Assessor Parcel Number: 003-241-060-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): El Dorado
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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
08/30/2022 08/30/22 Off Market $2,500,000 -- --
07/26/2022 07/26/22 Sold $2,500,000 -7.3% $4,167 / Sq Ft
05/13/2022 05/13/22 Pending -- -- --
03/22/2022 03/22/22 Price Changed $2,697,000 -99.0% $4,495 / Sq Ft
03/21/2022 03/21/22 For Sale $269,700,000 -- $449,500 / Sq Ft
Source: MetroList

Tax History

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 $27,064 $2,601,000 $520,200 $2,080,800
2024 $27,064 $2,550,000 $510,000 $2,040,000
2023 $26,751 $2,500,000 $500,000 $2,000,000
2022 $15,832 $1,456,175 $485,389 $970,786
2021 $15,654 $1,427,623 $475,872 $951,751
2020 $15,425 $1,412,985 $470,993 $941,992
2019 $15,239 $1,385,280 $461,758 $923,522
2018 $14,790 $1,358,118 $452,704 $905,414
2017 $14,573 $1,331,489 $443,828 $887,661
2016 $14,358 $1,305,382 $435,126 $870,256
2015 $13,714 $1,285,776 $428,591 $857,185
2014 $13,714 $1,260,593 $420,197 $840,396
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 222033725

MetroList

APN: 003-241-60-100