Diamond Springs, CA Apartment buildings for sale

Updated: Apr 15

Garden-Style Apartment Development Site

575 Racquet Way, Diamond Springs, CA 95619

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11,616 sqft 4.51 AC lot

12 apartment units constructed in 2021 on a 4.51‑acre site
Entitled land to build up to an additional 76 units beyond the existing 12 units
Phase 2 is shovel ready for 24 two‑bedroom units with grading permits already in hand
Phase 3 may add an additional 30 to 40 units per county indication
Existing unit mix is 100% 2‑bedroom/2‑bath garden‑style apartments with granite countertops, new wood cabinets, vinyl plank flooring, and stainless steel appliances

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Updated: Jun 21

Mixed-Use Building Repositioning

677 Pleasant Valley Rd, Diamond Springs, CA 95619

$499,000

Vacant 4,000 SF commercial building built in 1978, divided into 4 units and ready for repositioning
Proposed mixed‑use plan adds two additional floors with 16 new 1BD/1BA apartments (~500 SF each)
Total proposed building size is approximately 12,000 SF while retaining the required commercial component
Zoning supports mixed‑use use, with preliminary approvals based on zoning and General Plan
SB 35 Streamlined Eligible project; new SB 35 and TIF applications due July 15, 2026

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Diamond Springs, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

15-Unit Townhouse-Style Apartment Community

3959 Arthur Court, Cameron Park, CA 95682

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13,500 sqft

Townhouse-style residences built in 2008 with in-unit laundry, central heating and air, and covered parking.

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Auburn Multifamily Investment Opportunity

163 Pleasant Ave, Auburn, CA 95603

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6,214 sqft

Completely renovated 8-unit apartment community in historic Auburn.

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Downtown Apartment Building

160 E Placer St, Auburn, CA 95603

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0.24 AC lot

12-unit multifamily complex with onsite laundry and both onsite and off-street parking.

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Fully Approved Residential Development Land

3100 Green Valley Rd, Cameron Park, CA 95682

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Fully approved tentative map proposes 32 units and 9 SFR parcels on a corner site with an existing 8-unit building.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Lancaster Corner Lot Investment Opportunity

Newgrove Street, Lancaster, CA 93534

$350,000

0.17 AC lot

0.17-acre corner lot in Lancaster with development potential.

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Commercial Land with Freeway Exposure

31426 The Old Road N, Castaic, CA 91384

$2,250,000

2.05 AC lot

Over 2 acres with 400+ feet of CA-5 exposure across three APNs in Castaic.

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Pahrump Land Investment Opportunity

2001 Casino Street, Pahrump, NV 89048

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0.31 AC lot

0.31 acre multi-family zoned lot in growing Pahrump, Nevada.

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Development Opportunity with DTLA Views

700 Lookout Dr, Los Angeles, CA 90012

$799,000

0.22 AC lot

Land with potential for up to 23 units.

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Diamond Springs, CA Apartment Buildings Market Trends and Statistics

Explore 2 apartment buildings for sale in Diamond Springs, CA on our real estate platform. These investment opportunities span a total of 11,616 square feet of properties for sale, with an estimated market value of $499,000.

Sale prices for two-family homes in Diamond Springs, CA average $499,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
95619	$499K

Neighborhood

Average Price

95619

$499K

Diamond Springs, CA Apartment Buildings for Sale

575 Racquet Way, Diamond Springs, CA 95619

677 Pleasant Valley Rd, Diamond Springs, CA 95619