Property summary
This exceptional commercial property in Etna, California, presents a lucrative investment opportunity. Located on a highly visible corner lot at the intersection of State Highway 3 and Collier Way, this 1-acre complex boasts 11 rental units, nine of which are currently occupied, generating immediate income. Recent extensive renovations include four new electrical panels, updated plumbing and sewer systems, four new bathrooms, new carpeting and vinyl flooring, a new sprinkler system, drywall repairs, new hot water heaters, a new garage enclosure, and landscaping improvements. The roof has undergone partial replacements in 2013 and 2018. Ten units feature mini-split heating and air conditioning systems, while one unit is equipped with a heat pump. Each unit includes its own bathroom. Ample parking is provided with approximately 30 spaces, including newly installed ADA-compliant paved parking. The property's strategic location on two main roads leading into Etna offers excellent accessibility and visibility, making it an ideal investment for discerning buyers seeking a well-maintained, income-producing asset in a desirable rural setting. The asking price is $745,000.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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