504 Angels RD new Save Request In-Person Tour Request Virtual Tour
San Andreas,CA 95249
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