Property profile

4620 Pedro Hill Rd Pilot Hill, CA 95664

OFF-MARKET
Apartment buildings
5,000 SF 0.04 ac lot Built 1960
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Property summary

AI-generated overview

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 profile

Verified
Property type Apartment buildings
Year built 1960
Total area 5,000 SF
Lot 0.04 ac (1,786 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

4620 Pedro Hill Rd Pilot Hill, CA 95664
Pilot Hill metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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