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    4620 Pedro Hill Rd Pilot Hill, CA 95664

    For Sale
    $574,000

    Five-unit multifamily property, great potential.

    Property size:
    5,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional investment opportunity presents a five-unit multifamily property situated on a 0.041-acre lot in Pilot Hill, California. The property, known as Pedro Hill Mobile Home Park, features five buildings, each a single-story structure totaling 5,000 square feet of net rentable space. Built in 1960, the property is classified as Class B and is zoned RD-10, offering potential for expansion or redevelopment. The property includes one cinder block home (1 bedroom, 1 bath, 426 sq ft) with a stackable washer and dryer, located near Salmon Falls Road. Three additional spaces are occupied by tenant-owned mobile homes under month-to-month rental agreements. The park owner retains ownership of one mobile home (space #4). Water usage is metered separately. The asking price for this owner-user investment is $574,000. The property's address is 4620 Pedro Hill Rd, Pilot Hill, CA 95664, APN 104-300-004-000. This presents a unique chance to acquire a well-located multifamily property with significant upside potential in a desirable area. The existing rental income stream, combined with the potential for future development or expansion, makes this an attractive investment opportunity.

    Property Features for 4620 Pedro Hill Rd

    General Information

    Property type
    Multifamily properties
    Square Feet
    5,000 SF
    Class
    B
    Lot Size
    1,786 SF

    Building Details

    Year Built
    1960
    Buildings
    5
    Stories
    1
    Units
    5

    HighLights

    • Five‑unit multifamily property in Pilot Hill, CA on a 0.041‑acre lot.
    • 5,000 square feet of net rentable space in five single‑story buildings.
    • Class B property built in 1960, zoned RD‑10, offering redevelopment potential.
    • Includes one 426 sq ft cinder block home (1 bed/1 bath) and three tenant‑owned mobile homes on month‑to‑month leases; owner retains one mobile home space.
    • Individual water meters; asking price $574,000; address: 4620 Pedro Hill Rd, Pilot Hill, CA 95664 (APN 104‑300‑004‑000).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Department Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pilot Hill
    County
    El Dorado
    State
    California
    Longitude
    -121.0131
    Latitude
    38.834289

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    FAQs

    What type of property is this?
    Multifamily property - Five-unit multifamily property, great potential.
    Where is this multifamily property located?
    The property is located at 4620 Pedro Hill Rd Pilot Hill, CA.
    What is the asking price?
    The asking price for this property is $574,000.
    What are key features of this property?
    This property features: Five-unit multifamily property in Pilot Hill, CA on a 0.041-acre lot.; 5,000 square feet of net rentable space in five single-story buildings.; Class B property built in 1960, zoned RD-10, offering redevelopment potential.
    Request Owner's contact information
    4620 Pedro Hill Rd Pilot Hill, CA 95664
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    Pilot Hill, CA 95664
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4620 Pedro Hill Rd Pilot Hill, CA 95664
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