Pending

Coloma Street

Placerville, CA 95667
Mark as Favorite
SqFt5,808

Sqft(Lot)

Acres

Acres (Lot)

--

Villas De Coloma, is a rare 12-unit value-add opportunity in the heart of historic Placerville, CA. Built in 1949 and meticulously maintained thereafter, the property sits on an oversized 1 acre lot and located within walking distance to downtown Placerville's vibrant shops, restaurants, and amenities. The community offers twelve one-bedroom, one-bath units, covered parking spaces, and an onsite laundry facility. Current rents average more than $450 below market, presenting significant upside for the next owner to stabilize at market rents without substantial renovations. Placerville's 10,656 residents face a chronic housing shortage, with no new market-rate multifamily projects under construction or planned. The high barriers to entrydriven by limited supply and rising single-family home prices regularly exceeding $1,000,000create a supply-constrained environment that strongly favors the existing rental stock. Villas De Coloma checks all the boxes for a Value Add opportunity, combining a low entry basis, proven demand, and immediate rental upside potentiala rare opportunity in one of Northern California's most supply-starved submarkets.

Read More Expand

Detail Ic Property Details

Property Type : ResidentialIncome

Price : $1,325,000

AD Id : 66617871

MLS Id : 225108724

Living Area Size : 5,808

County : El Dorado

  • Map Map

Map

Feature Features

  • Bedroom Information

    Window Feature: Dual Pane Full

    Water/Sewer

    Sewer: Public Sewer
  • Flooring Information

    Carpet, Laminate, Vinyl, Wood
  • Roofing Information

    Shingle, Composition
  • Interior Features

    Roof: Shingle, Composition Laundry Features: Washer/Dryer Leased, In Common Area
  • Heating & Cooling

    Heating: Baseboard Cooling: Ceiling Fan(s), Wall Unit(s) WaterSource: Water District, Public

  • Building Information

    Year Built: 1949 Stories: 2 Construction Materials: Stucco, Wood Roof: Shingle,Composition Foundation Details: Concrete, Slab
  • Exterior Features

    Yard Space
    Foundation Details: Concrete, Slab
  • Laundry Features

    Washer/Dryer Leased, In Common Area

  • Lot Information

    Lot Description: Secluded, Landscape Front Lot Square Feet: 45,302 Stories: 2 Main Square Feet: 5,808

    Property Information

    Property Type: ResidentialIncome Sub Type: 5 or More Units SQ ft (Living Area): 5,808 Construction Materials: Stucco,Wood Property Age: 77 Cross Street: Bee St Source Neighborhood: 12701 Postal Code Plus 4: 4429 Area: Placerville S: 95667 Zoning: R2 Living Area Source: Assessor Auto-Fill Structure Type: Apartments

    Farm Info

    Irrigation Source: Public District

  • Listing Price Information

    Listing Id: 225108724 List Price: $1,325,000 List Price Tot SqFt: $228

  • Tax Information

    Parcel Number: 001-111-045-000

  • Parking Information

    Parking Total: 18 Carport, Covered

  • Elementary School District: Placerville Union
    Junior High School District: Placerville Union
    Senior High School District: El Dorado Union High
  • Utility Information

    City, Electric
  • Location Information

    Direction: Coloma St.
Sell a home like this and save $79,001 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
Shilo Drive, Placerville, CA, 95667 $85,000 -- -- -- Acres (Lot)--
00 Miracle Mountain, Placerville, CA, 95667 $225,000 -- -- -- 660,369.60 Sqft(Lot)
Rock Creek Road, Placerville, CA, 95667 $395,000 -- -- -- 1,742,400 Sqft(Lot)
Shilo Drive, Placerville, CA, 95667 $97,500 -- -- -- Acres (Lot)--
Weber Road, Placerville, CA, 95667 $674,900 -- -- -- 3,887,294.40 Sqft(Lot)
Mother Lode Drive, Placerville, CA, 95667 $1,400,000 -- -- -- Acres (Lot)--
Duden Drive, Placerville, CA, 95667 $498,000 -- -- -- 516,621.60 Sqft(Lot)
Dollhouse Road, Placerville, CA, 95667 $649,000 -- -- -- 2,078,247.60 Sqft(Lot)
Mule Skinner Road, Placerville, CA, 95667 $198,000 -- -- -- Acres (Lot)--
Wasatch Road, Placerville, CA, 95667 $225,000 -- -- -- Acres (Lot)--

ByOwner last updated this listing 06/17/2026 @ 09:45

MLS: 225108724 LISTED BY: Isaac Merritt, ALIVE Commercial Real Estate SOURCE: MLS Metrolist

Selling? Save $79,001 when you sell a home like this

Tour with a ByOwner Agent