For Sale

504 Angels Road, San Andreas, CA 95249

504 Angels Road, San Andreas, Calaveras, CA, 95249
6 days ago
Views: 6

$1,200,000(Negotiable)

Overview

3471699

Type

5 or More Units

Parking

Yes

Sqft

6500

Build Year

1964

Purpose

For Sale

About This Listing

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.

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MetroList CA data Last Updated: September 3, 2025, 10:27 pm

Data Source: SACM