Property Details
About this Property
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.
MLS Listing Information
MLS #
ME225115649
MLS Source
MetroList Services, Inc.
Days on Site
16
Interior Features
Flooring
Vinyl
Cooling
Window/Wall Unit
Heating
Wall Furnace
Exterior Features
Foundation
Raised
Parking, School, and Other Information
Garage/Parking
Covered Parking, Garage: 0 Car(s)
Elementary District
Calaveras Unified
High School District
Calaveras Unified
Water
Other
HOA Fee
$0
Zoning
CP - Professional Office
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | 8 | 8 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | 750 | 2 | 1/0 | $1,250 | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
504 Angels Rd is a Residential Income in San Andreas, CA 95249. This 6,500 square foot property sits on a 0.32 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,200,000 and was built in –. This address can also be written as 504 Angels Rd, San Andreas, CA 95249.
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This listing information is up-to-date as of September 03, 2025. For the most current information, please contact Andrew Hodgson, (209) 401-9085
