Mixed-Use Building
For Sale
$499,000
677 Pleasant Valley Rd, Diamond Springs, CA 95619
Vacant four-unit commercial building positioned for a mixed-use conversion with additional apartment floors, subject to approvals.
Property Size12,000 SF
Days on Market49
Property Features for 677 Pleasant Valley Rd
General Information
Standard status
Active
Size
12,000 SF
Property subtype
Commercial
Building Details
Building Size
12,000 SF
Year Built
1978
Units
20
Listing Agency:
Enyart Real Estate Group
(916) 524-9733
Listed By:
Russell R Enyart · License #01955187
(916) 524-9733
Source:
Elliman
Added: Jun 21
Changed: Aug 8
Last Checked: Aug 8 at 1:22PM
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 Enyart Real Estate Group
Investment Insights
Based on property information with market context.
This mixed-use development opportunity is built around an existing commercial structure totaling approximately 4,000 SF, currently divided into four separate units and presently vacant. The asset is positioned for repositioning under a plan that would add two additional floors, creating 16 new one-bedroom, one-bath apartment units of approximately 500 SF each. If completed as proposed, the overall building size would increase to approximately 12,000 SF while retaining the required commercial component.
The property is located at 677 Pleasant Valley Rd in Diamond Springs, California. Public remarks indicate the current zoning supports mixed-use use and that preliminary approvals have been placed based on zoning and the General Plan. The project is described as SB 35 Streamlined Eligible, with SB 35 and TIF applications noted as due by July 15, 2026. The remarks also state there is potential for a 75% TIF waiver if approved.
For buyers and investors, this asset offers a practical pathway to convert unused commercial space into a combined live-work configuration, provided entitlements and program requirements are confirmed. The seller emphasizes that buyers should conduct independent due diligence to verify all entitlements, density bonus eligibility, SB 35/TIF eligibility, unit count, costs, timelines, and plan details before proceeding, and that all information is illustrative only.
The property is located at 677 Pleasant Valley Rd in Diamond Springs, California. Public remarks indicate the current zoning supports mixed-use use and that preliminary approvals have been placed based on zoning and the General Plan. The project is described as SB 35 Streamlined Eligible, with SB 35 and TIF applications noted as due by July 15, 2026. The remarks also state there is potential for a 75% TIF waiver if approved.
For buyers and investors, this asset offers a practical pathway to convert unused commercial space into a combined live-work configuration, provided entitlements and program requirements are confirmed. The seller emphasizes that buyers should conduct independent due diligence to verify all entitlements, density bonus eligibility, SB 35/TIF eligibility, unit count, costs, timelines, and plan details before proceeding, and that all information is illustrative only.
Key Highlights
- 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
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
675
Businesses Nearby
Explore this area
Business Placement
Demographics for 95619, CA
4,816
Population
2,740
Households
1.8
Avg Household Size
47
Median Age
25%
College-Educated
96%
High-School Grad
5.9 sq mi
ZIP Area
816
Density / Sq Mi
$74,504
Median Household Income
$46,268
Median Earnings
$1,678
Median Rent
$348,800
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Vacant four-unit commercial building positioned for a mixed-use conversion with additional apartment floors, subject to approvals.
Where is this mixed-use property located?
The property is located at 677 Pleasant Valley Rd Diamond Springs, CA.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: 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
