For Sale
Property Photo

$279,500

For Sale

27 Ridge Rd, Mokelumne Hill, CA 95245

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Property Highlights

Residential Income

Property Type

Quadruplex

Sub Type

1946

Year Built

2,490

Sq Ft

128

Days On Properkey

5.29

Lot (acres)

226048548

MLS #

METROLIST

MLS Source

Description

Discover a rare investment opportunity on a spacious 5-acre parcel featuring four established rental homes that are currently occupied and generating income. This property delivers immediate cash flow while offering significant upside through targeted improvements and development potential. The four homes provide much-needed affordable housing in the area, attracting reliable tenants and creating a built-in demand for these practical, no-frills residences. While the units would benefit from cosmetic and functional updates (a classic value-add project), they are fully functional and continue to perform as solid rental producers. Rental income varies with market conditions and tenant turnover, but the portfolio has demonstrated consistent occupancy and long-term tenant retention. A standout feature is the existing foundation of a small burned unit, offering a straightforward path to rebuild and restore an additional dwelling. Combined with the possibility of developing one more unit on the expansive grounds (subject to local zoning and approvals), this property has clear potential to expand to five income streamsdramatically increasing net operating income for the savvy investor. Additional property highlights include: Shared well system with electricity paid by the owner and billed back to tenantsproviding a simple, transparent utility arrangement that keeps operations straightforward. Ample acreage for privacy, future expansion, outbuildings, or added amenities that could further boost appeal and rents.Strong investor appeal in a market hungry for affordable rental housing with room to scale. Whether you're looking to stabilize and grow an existing rental portfolio, undertake a value-add renovation for higher rents, or capitalize on the extra-unit potential, this 5-acre gem checks all the boxes for long-term cash flow and appreciation. The current setup delivers hands-off income today while the land and extra foundation unlock tomorrow's growth. Ideal for investors, developers, or owner-operators seeking a turnkey income producer with built-in upside. Serious inquiries onlyproof of funds requested. Contact agent today for detailed financials, rent rolls, and a private showing. Don't miss this chance to own a piece of scalable, affordable housing real estate on prime acreage!

Listed by Daniel P. Seider • DRE #01162206 • Big Trees Real Estate

Contact: (209) 743-1061

Contact: [email protected]

MLS #: 226048548
Source: MetroList Services

Property Features

Lot Features: Corner, Shape Regular

Building & Construction

Construction Materials
Wood
Roof
Composition
Foundation
Concrete, See Remarks

Interior & Comfort

Heating
Varies by Unit
Cooling
Varies by Unit
Flooring
See Remarks

Utilities

Nearby

Active Pending Closed Rental

Elementary School

Calaveras Unified District

Middle School

Calaveras Unified District

High School

Calaveras Unified District

All data, photos, visualizations, and information regarding a property, including the property's compliance with state and local legal requirements and all measurements and calculations of area, have been obtained from various sources, and may include such material that has been generated by use of artificial intelligence. Such information and material have not been and will not be verified for accuracy by the listing broker or the multiple listing service, and are not guaranteed as complete, accurate or reliable.

Such information and material should be independently reviewed and verified for accuracy. This information and material are intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data last updated: August 23, 2026 11:16 PM PT
Copyright © 2026 MetroList Services, Inc. All Rights Reserved.

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