3300 La Canada Dr Cameron Park, CA 95682

Property Details for 3300 La Canada Dr

Property type

Manufacturing properties

Property subtype

Small apartment buildings

Description

This exceptional investment opportunity presents a unique chance to acquire a multi-use property located at 3300 La Canada Drive, Cameron Park, CA 95682. Currently configured as an eight-unit apartment complex, this property offers significant potential for redevelopment or renovation. The complex comprises six two-bedroom units and two one-bedroom units, providing a diverse rental mix. The property sits on a substantial lot with ample parking, including eight covered and eight uncovered spaces. The asking price is $995,000. The property is being sold as-is, presenting a buyer with the opportunity to add value through improvements and upgrades. Situated in a highly desirable Cameron Park neighborhood, this property benefits from a strong rental market and attractive setting. The property is zoned for multifamily, industrial, and commercial uses, offering flexibility for future development plans. This is an ideal opportunity for an investor seeking a value-add project with significant upside potential in a prime El Dorado County location. The property's current condition requires some work, but the potential for substantial returns is evident. The existing structure provides a solid foundation for a variety of development scenarios, catering to the needs of a growing community. Serious inquiries are encouraged.