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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2022

    Brett Swarts

    eXp Commercial of California, Inc.

    Section Image
  • Wendell Smith

    Buyer's Agent in 2022

    Wendell Smith

    Capital Valley Realty Group

    (916) 258-0358

    4 in this area

    6 Total Sales

    Wendell Smith
    Section Image
See All Agents

Map

Source: MetroList

MLS Number: 222033725

MetroList

APN: 003-241-60-100

California El Dorado County Placerville 95667

920 Pacific St, Placerville, CA

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MetroList IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes