4620 Pedro Hill Rd Pilot Hill, CA 95664
- Apartment buildings
- 5,000 SF
- 0.04 lot acres
Current Use by Public Records
- Apartment buildings
Property Details for 4620 Pedro Hill Rd
- Year built
- 1960
- Lot size
- 0.04 lot acres
- Property size
- 5,000 SF
- Property type
- Apartment buildings
Description
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.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Pilot Hill
- County
- El Dorado
- State
- California
- Longitude
- -121.013
- Latitude
- 38.8343
