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Tom Daves

tom@tomdavesteam.com +1(916) 900-0118

$ 1,200,000

Est. payment -/mo

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504 Angels RD San Andreas, CA 95249

6,500 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 5 or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 6,500 sqft

Price per Sqft $184

MLS Listing ID 225115649

HOA Y/N No

Year Built 1964

Lot Size 0.320 Acres

Acres 0.32

Property Sub-Type 5 or More Units

Source MLS Metrolist

Property Description

504 Angels Road presents an exceptional opportunity to acquire a fully occupied, income-generating 8-unit apartment complex in the heart of San Andreas, CA. The property is strategically located just minutes from downtown, local shopping, restaurants, and essential services - making it an ideal location for long-term tenants. With a strong rental history, consistent occupancy, and long-term residents in place, the complex provides investors with immediate, reliable cash flow and stability in a desirable market. This well-maintained property offers both security and growth potential. Recent upgrades to key systems have reduced maintenance costs, ensuring a low-maintenance investment, while below-market rents create a clear path for increased revenue and long-term value appreciation. With a current cap rate of 6.30% and NOI of $75,588, this property is a turnkey opportunity that combines strong performance with upside potential, perfect for both seasoned investors and those looking to expand their multifamily portfolio in one of Calaveras County's most attractive rental markets.

Location

State CA

County Calaveras

Area 22030

Direction Travel East on Highway 12 until the merge into W. St Charles St (HWY 49). Travel 1.6 Miles on W. St Charles St (HWY 49) and then take a right on Angels Rd. The property will be on you immediate right.

Interior

Heating Wall Furnace

Cooling Wall Unit(s)

Flooring Vinyl

Laundry Varies by Unit

Exterior

Parking Features Covered, See Remarks

Utilities Available Cable Available, Cable Connected, Sewer Connected, City, Electric, Internet Available, Natural Gas Connected

Water Access Desc See Remarks

Total Parking Spaces 8

Building

Lot Description None

Story 2

Foundation Raised

Sewer See Remarks

Water See Remarks

Schools

Elementary Schools Calaveras Unified

Middle Schools Calaveras Unified

High Schools Calaveras Unified

School District Calaveras

Others

Senior Community No

Tax ID 042-032-015

Special Listing Condition None

Listed by Colliers Parrish Intenational Inc.

Tom Daves

Agent | License ID: 00581837

+1(916) 900-0118

Tom Daves

504 Angels RD San Andreas, CA 95249

Key Details

Location

Interior

Exterior

Building

Schools

Others

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504 Angels RD