Mixed-Use Income
3695 Missouri Flat Road Placerville, CA 95667
3695 Missouri Flat Road, Placerville, CA, 95667
$599,000
For Sale
$599,000
Two-unit residential income property with an attached two-bedroom cottage and an established salon space, plus paved parking.
Property Size2,044 SF
Lot Size1.00 Acre
Price / SF$293.05
Days on Market25
Property Features for 3695 Missouri Flat Road
General Information
- Standard status
- Active
- Size
- 2,044 SF
- Lot size
- 1.00 Acre
- Property subtype
- Multi Family
Building Details
- Year Built
- 1975
Listing agency
Windermere Signature Properties Cameron Park/Placerville
(530) 651-4205
Listed by
Cynthia A. Harkey · License #01491770
(530) 651-4205
Source
Exitrealty
Added: Jun 27 Updated: Jul 21 at 4:18AM Checked: Jul 21 at 4:18AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Windermere Signature Properties Cameron Park/Placerville
Investment Insights
Based on property information with market context.
This for-sale mixed-use income property includes two well-designed units: a salon and wellness space and an attached two-bedroom, one-bath cottage. The property also features an ample paved parking area for convenient access. Recent improvements include a newer roof, an updated HVAC system, and exterior paint.
Located on Missouri Flat Road in Placerville, the property is described as high-visibility and is positioned within close proximity to shopping centers, schools, and Highway 50.
The existing setup offers flexibility for an owner-occupant or an investor seeking rental income from both units. The salon/wellness space and the attached cottage can be operated together or leased separately, depending on an owner’s plans.
Located on Missouri Flat Road in Placerville, the property is described as high-visibility and is positioned within close proximity to shopping centers, schools, and Highway 50.
The existing setup offers flexibility for an owner-occupant or an investor seeking rental income from both units. The salon/wellness space and the attached cottage can be operated together or leased separately, depending on an owner’s plans.
Key Highlights
- Two‑unit residential income property with an attached 2‑bedroom, 1‑bath cottage plus a professional salon & wellness space
- On over 1 usable acre with an ample paved parking area for clients and residents
- Salon/wellness space plus separate attached cottage provides flexibility for owner occupancy, rental income, or multi‑use
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $51.5k | $25.20 |
| − Vacancy | −$3.0k | −$1.46 |
| EGI | $48.5k | $23.74 |
| − OpEx | −$14.6k | −$7.12 |
| NOI | $34.0k | $16.62 |
2,044 SF · lease $25.20/SF/yr · vacancy 5.79% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$485.3K
$424.6K – $566.2K
NOI $33,969 @ 7.0% cap · market cap 5.67%
Second Best
Apartment 5plus
$434.3K
$380.0K – $506.7K
NOI $30,402 @ 7.0% cap · market cap 5.08%
Theoretical Best
Specialty Retail
$730.8K
$639.4K – $852.6K
NOI $51,154 @ 7.0% cap · market cap 8.54%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two-unit residential income property with an attached two-bedroom cottage and an established salon space, plus paved parking.
Where is this duplex located?
The property is located at 3695 Missouri Flat Road Placerville, CA.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Two‑unit residential income property with an attached 2‑bedroom, 1‑bath cottage plus a professional salon & wellness space; On over 1 usable acre with an ample paved parking area for clients and residents; Salon/wellness space plus separate attached cottage provides flexibility for owner occupancy, rental income, or multi‑use
