Property Details
About this Property
Investment opportunity with community benefit! Earn a solid return while providing much-needed local housing. This new construction duplex in Penn Valley town center features two 2BR/2BA units that will be sold individually, at cost and below market value to assure both affordability and profit. Smaller Unit of the Duplex (Unit B). Developed by NevCo West Community Land Trust to provide workforce housing, rents are structured to remain aligned with middle income levels while yielding 5% in Year 1 and up to 7% by Year 10. Property is held under a 99-year renewable ground lease that preserves affordability while allowing resale of investor shares under favorable terms. Complete on-site property management, including tenant screening, maintenance, and bookkeeping is provided. Investors simply receive monthly income with no landlord duties. A turnkey, socially responsible investment with stable returns, zero management hassle, creating lasting community impact.
MLS Listing Information
MLS #
ME225139897
MLS Source
MetroList Services, Inc.
Days on Site
3
Interior Features
Kitchen
Breakfast Bar, Breakfast Nook, Kitchen/Family Room Combo
Appliances
Dishwasher, Garbage Disposal, Microwave, Oven - Electric, Oven Range - Electric, Refrigerator, Washer/Dryer
Dining Room
Dining Area in Family Room, Dining Area in Living Room
Flooring
Carpet, Concrete
Laundry
In Closet, In Laundry Room, Laundry Area
Cooling
Ceiling Fan, Multi Units, Other, Window/Wall Unit
Heating
Heating - 2+ Units, Other, Propane, Solar
Exterior Features
Roof
Metal
Foundation
Slab, Concrete Perimeter and Slab
Pool
Pool - No
Style
Contemporary, Cottage
Parking, School, and Other Information
Garage/Parking
Garage: 0 Car(s)
Sewer
Public Sewer
Water
Well
Zoning
Residential
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 0 | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Market Trends Charts
Nearby Homes for Sale
18093 Lasso Loop B is a Residential in Penn Valley, CA 95946. This 780 square foot property sits on a 1.45 Acres Lot and features 2 bedrooms & 2 full bathrooms. It is currently priced at $315,000 and was built in –. This address can also be written as 18093 Lasso Loop #B, Penn Valley, CA 95946.
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Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.
This listing information is up-to-date as of November 01, 2025. For the most current information, please contact Christopher Ring, (530) 210-3636
