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    3341 Cimmarron Rd Cameron Park, CA 95682
    Property profile & analytics

    3341 Cimmarron Rd, Cameron Park, CA 95682

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    • Commercial real estate
    • 7,000 SF
    • 0.41 lot acres
    Off-Market
    Property ID
    US09-2945014
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

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    • Commercial real estate

    Property Details for 3341 Cimmarron Rd

    Year built
    1984
    Lot size
    0.41 lot acres
    Property type
    Commercial real estate
    APN
    116-312-008-000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    May 20, 2020 $1,300,000 Fowler Property Investments LP Cool Time LLC Grant Deed $910k · Luther Burbank Mortgage
    Jun 13, 2019 Cool Time LLC Deed · related $650k · Banner Bank
    Jan 22, 2018 $912,500 Cool Time LLC Campgio 3341 LLC Grant Deed

    Description

    This exceptional 8-unit apartment building presents a compelling investment opportunity in the highly desirable Cameron Park, CA community (zip code 95682). Situated on a 0.41-acre lot, this stabilized multifamily property boasts a total of 7,000 square feet, with 6,400 square feet of net rentable space. The property comprises two, two-story buildings constructed in 1984 and extensively renovated in 2023, featuring over $80,000 in recent capital improvements focused primarily on balcony upgrades. Six of the eight units have undergone full renovations, including new flooring and appliances. Ground floor units enjoy large, privately fenced backyards. All units are currently 100% occupied and benefit from central HVAC systems. The property offers a current NOI of $96,651, representing a 4.80% cap rate, with a pro-forma NOI of $110,804 and a pro-forma cap rate of 5.50%. The asking price is $2,008,000, translating to $251,000 per unit and $314 per square foot. The property's location near award-winning schools and convenient amenities, coupled with below-market rents offering significant upside potential, makes this a truly attractive investment. The updated laundry room and attractive landscaping further enhance the property's appeal. Cameron Park's strong rental market, with vacancy rates below 4%, and its proximity to Sacramento (35 minutes away) contribute to the property's long-term viability. The property's Class C designation reflects its current condition and potential for further value appreciation. The APN is 116-312-008-000. This turnkey investment offers immediate cash flow and substantial growth opportunities.


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    Location Insight

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    • Local Demand
    City
    Cameron Park
    County
    El Dorado
    State
    California
    Longitude
    -120.998523581
    Latitude
    38.696143236793
    More about this property
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