3300 La Canada Dr Cameron Park, CA 95682
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.