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Randy Thomas

randyfthomas@msn.com +1(209) 810-8830

$ 775,000

Est. payment -/mo

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3075 Miles WAY Placerville, CA 95667

3,400 SqFt

UPDATED:

03/14/2025 06:38 PM

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,400 sqft

Price per Sqft $227

MLS Listing ID 225028674

HOA Y/N No

Originating Board MLS Metrolist

Year Built 1962

Lot Size 0.500 Acres

Acres 0.5

Property Sub-Type Quadruplex

Property Description

This well-maintained fourplex presents an excellent investment opportunity for investors looking to generate rental income in El Dorado County. Located in a private & tranquil setting on a generous .50-acre lot with no mello roos or HOA's, this property combines convenience, comfort & long-term value. The building spans 3,400 sq ft with 4-850 sq ft units- 2-upstairs units & 2-downstair units each unit has a covered parking space- with 3 additional parking areas- All units come equipped with in-unit laundry room, washers/ dryers & mud sink. Three of the 4 units have updated bathrooms. Fully rented, this property generates immediate income with a 7% cap rate making it a turnkey investment. Convenient Commuting: Situated near Highway 50, the property provides seamless access to Sacramento & Lake Tahoe. The location is ideal for commuters & those seeking a balance between small-town living & city access.

Location

State CA

County El Dorado

Area 12701

Direction Pacific Street - to Clark Street - to Bartlett Avenue - to Miles Way to address on right

Rooms

Basement None

Interior

Heating Propane, Gas, Wall Furnace

Cooling Window Unit(s)

Flooring Carpet, Concrete, Tile, Laminate, Linoleum, Varies by Unit

Equipment Low-Flow Toilet(s), Varies by Unit

Window Features Dual Pane Partial,Window Coverings,Window Screens

Appliance Free Standing Gas Oven, Free Standing Refrigerator, Gas Cook Top

Laundry Washer/Dryer Owned, In Each Unit, Other, Washer/Dryer Hookups

Exterior

Exterior Feature Yard Space, Play Area

Parking Features Carport, Covered, Street, Guest Parking Available

Carport Spaces 4

Utilities Available Cable Available, Cable Connected, Propane, City, Electric, Internet Available

Water Access Desc Public

View Woods

Roof Type Composition

Topography Level,Lot Sloped,Trees Many

Accessibility None

Handicap Access None

Porch Covered Deck, Uncovered Patio, Varies by Unit, Roof Deck(s)

Total Parking Spaces 7

Building

Lot Description Private, Secluded, Cul-De-Sac, Sidewalk, Landscape Front

Story 2

Foundation Slab

Sewer In & Connected, Public Sewer

Water Public

Architectural Style Contemporary

Level or Stories Two

Schools

Elementary Schools Placerville Union

Middle Schools Placerville Union

High Schools El Dorado Union High

School District El Dorado

Others

Senior Community No

Tax ID 003-251-029-000

Special Listing Condition None

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Listed by Windermere Signature Properties Cameron Park/Placerville