Property Details
About this Property
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.
MLS Listing Information
MLS #
ME225108724
MLS Source
MetroList Services, Inc.
Days on Site
6
Interior Features
Flooring
Carpet, Laminate, Vinyl, Wood
Cooling
Ceiling Fan, Window/Wall Unit
Heating
Baseboard
Exterior Features
Roof
Composition, Rolled/Hot Mop, Shingle
Foundation
Slab
Parking, School, and Other Information
Garage/Parking
Carport, Carport(s) - Awning, Covered Parking, Garage: 0 Car(s)
High School District
El Dorado Union High
Sewer
Public Sewer
Water
Public
HOA Fee
$0
Zoning
R2
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 11 | 12 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
2830 Coloma St is a Residential Income in Placerville, CA 95667. This 5,808 square foot property sits on a 1.04 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,325,000 and was built in –. This address can also be written as 2830 Coloma St, Placerville, CA 95667.
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This listing information is up-to-date as of August 18, 2025. For the most current information, please contact Isaac Merritt, (530) 401-1885
