Map of Property

2980 Coloma Street | 31 Beds Listing Details & Market Data

2980 Coloma Street, Placerville, CA 95667

  • For Sale $1,900,000
  • Property Type Other
  • Property Size 6,150 SF
  • Lot Size 0.43 SF
  • Year Built 1875
  • Year Renovated 2018
  • Date Updated Apr 25, 2024

Colliers is pleased to present Ridgeview Manor, a 31-bed single room occupancy community and a 6-bedroom/3-bathroom single family home all located on one .46 Acre parcel.  The subject property is in a nice residential neighborhood just a stone’s throw away from Downtown Placerville.  Residents benefit from being walking distance and drivability to a vast amount of employment, shopping, and dining experiences. Being well located next to Highway 50 which is a major thoroughfare through El Dorado County. This unique asset gives the next investor the opportunity to acquire a 7.41% Cap rate on actuals which is nearly impossible to find in this sub market.  A new owner will be able to further enhance the cash flow by increasing rents to market rate as units turnover while also increasing income through rent increases to capture the loss-to-lease gap on longer term tenants. Please call the brokers for more information.

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Contacts

broker

Matt Sarro

broker

Aaron Frederick

broker

Ahmed Kamil

broker

Alex Farhang

Location

Getting Around

  • Walk Score ®

    Very Walkable (84)

  • Bike Score ®

    Somewhat Bikeable (29)
Powered by Walk Score ®
  • City Placerville, CA
  • Zip Code 95667
  • Market Sacramento

Points of Interest

  • El Dorado Western Depot

    4.04 miles

  • Shingle Springs

    8.03 miles

  • 76

    0.20 miles

  • 76

    0.82 miles

  • Valero

    1.11 miles

  • Chevron

    1.14 miles

  • Speedway

    1.27 miles

  • Arco

    1.59 miles

  • Safeway Fuel Station

    2.26 miles

  • Card-Lock Fuel Station

    2.74 miles

  • Chevron

    3.15 miles

  • Mobil

    5.07 miles

  • Missouri Flat Road Park And Ride

    2.28 miles

  • Greenstone Barn Parking

    5.03 miles

  • Greenstone Road Park And Ride

    5.06 miles

  • Camino Heights Park And Ride

    5.07 miles

  • Red Hawk Overflow Parking

    6.06 miles

  • Reservoir Parking

    6.27 miles

  • Shingle Springs Drive Park And Ride

    6.88 miles

  • Greenstone Lotus Entrance Parking

    6.95 miles

  • Cosumnes River Gorge Parking

    7.46 miles

  • Employee Parking

    8.30 miles

  • The Original Mel's

    0.10 miles

  • Old Town Grill

    0.18 miles

  • KFC

    0.22 miles

  • Bricks Eats and Drinks

    0.22 miles

  • Round Table Pizza

    0.27 miles

  • Sequoia Restaurant

    0.33 miles

  • Tortilla Flats

    0.35 miles

  • Sweetie Pies

    0.38 miles

  • Main Street Melters

    0.39 miles

  • Independent Restaurant and Bar

    0.49 miles

  • Coon Hollow School

    0.50 miles

  • El Dorado High School

    0.62 miles

  • Sierra Elementary School

    0.65 miles

  • Edwin Markham Elementary School

    0.80 miles

  • Louisiana Schnell Elementary School

    1.49 miles

  • American River College Placerville Campus

    1.52 miles

  • Herbert C Green Middle School

    2.01 miles

  • El Dorado Adventist School

    2.39 miles

  • Placerville Christian School

    2.45 miles

  • Independence Continuation High School

    2.61 miles

Contact 2980 Coloma Street | 31 Beds