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1001 Elizabeth Lane, El Dorado, CA 95623
$824,999
1001 Elizabeth Lane, El Dorado, CA 95623View this property at 1001 Elizabeth Lane, El Dorado, CA 95623
1001 Elizabeth LaneEl DoradoCA95623
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Property Description
Calling all investors! 2 Duplex 4 units. We're thrilled to introduce an exceptional investment opportunity that seamlessly combines comfortable living spaces, modern conveniences, and a strategic location with effortless access to Highway 50 and Highway 49. This offering comprises one of two separate parcels, each housing two duplexes, totaling four individual units per side. Each unit boasts two bedrooms, one bathroom, a one-car garage, and in-unit laundry hookups. With each unit providing just under 800 square feet of living space, this investment is tailor-made for those seeking solid returns and a prime location. A roomy one-car garage is included with each unit, offering secure parking and additional storage. The generous living space, at approximately 800 square feet per unit, ensures tenant comfort. Currently, each unit is rented at an average of $1,500 per month, resulting in a compelling cap rate of 6.6%, making this investment an excellent addition to your portfolio.
Full Property Details
Full Property Details for 1001 Elizabeth Ln
General
- Sold For: $824,999
- Taxes: $4,227
- Status: Closed
- Type: Duplex
- MLS ID: 223106350
- Added to Site: 214 day(s) ago
Interior
- Appliances: Free Standing Electric Oven, Free Standing Electric Range
- Flooring: Carpet, Laminate, Vinyl, Linoleum, Varies by Unit
Rooms
Other Rooms
- Laundry: Washer/Dryer Hookups
Additional Information
- Security/Safety: Carbon Mon Detector, Smoke Detector
Exterior
- Deck/Patio: Uncovered Patio, Covered Patio
Parking
- Parking Features: Garage, Guest Parking Available
- Parking: Garage, Guest Parking Available
Location
- County: El Dorado
- Cross Streets: Pleasant Valley
- Driving Directions: Pleasant Valley Road to Elizabeth Ln.
School Information
- School District: El Dorado
- Elementary School: Gold Oak Union
- Middle School: Gold Oak Union
- High School: El Dorado Union High
Heating & Cooling
- Cooling Type: Ceiling Fan(s), Individual
- Heating Type: Electric, Fireplace(s)
Structural Information
- Architectural Style: Traditional
- Construction: Wood
- Basement Desc.: None
- Roof: Composition
- Stories/Levels: 1
- Year Built: 1963
Unit Information
Unit 1
- Square Feet: 750
Unit 2
- Square Feet: 760
- Bedrooms: 2
Unit 3
- Bedrooms: 2
Unit 4
- Square Feet: 750
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.39
- Lot Size (Sq. Ft.): 16,988
- Zoning: Multi
Financial Considerations
- Price Per Sq. Ft.: $249.17
- Price Per Acre: $2,115,382.05
- Tax Amount: $4,227
- Terms: Cash, Conventional
- Tenant Pays: Cable TV, Electricity, Trash Collection
- Tenant Expense: Cable TV, Electricity, Trash Collection
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.50%
Listed by Navigate Realty
Sold by Intero Real Estate Services
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Schools
Schools serving 1001 Elizabeth Ln
School Districts:Mother Lode Union Elementary School District, El Dorado Union High School District
Rating | Name | Grades | Distance |
---|---|---|---|
3781 Forni Rd, Placerville, CA 95667 | 5-8 | 2.2 mi | |
6701 Green Valley Rd, Placerville, CA 95667 | K-4 | 2.7 mi | |
6530 Koki Ln, El Dorado, CA 95623 | 9-12 | 0.9 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1001 Elizabeth Ln
Date
Details
Price
Change
Source
2/14/2024
Sold
$824,999
—
MLS
12/13/2023
Price Reduced
$824,999
-2.83%
MLS
11/01/2023
Listed
$849,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1001 Elizabeth Lane, El Dorado, CA 95623 (MLS# 223106350) is a Duplex property that was sold at $824,999 on February 14, 2024. Want to learn more about 1001 Elizabeth Lane? Do you have questions about finding other Duplex real estate for sale in El Dorado? You can browse all El Dorado real estate or contact a Coldwell Banker agent to request more information.