Property Details
About this Property
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
MLS Listing Information
MLS #
ME226048548
MLS Source
MetroList Services, Inc.
Days on Site
1
Interior Features
Flooring
Other
Cooling
Varies by Unit
Heating
Varies by Unit
Exterior Features
Roof
Composition
Foundation
Slab, Other
Parking, School, and Other Information
Garage/Parking
Off-Street Parking, Garage: 0 Car(s)
Elementary District
Calaveras Unified
High School District
Calaveras Unified
Water
Well
HOA Fee
$0
Zoning
RA-20
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 5 | 4 | 4 |
| Unit # | Sq Ft | Beds | Baths | Rent |
|---|---|---|---|---|
| 1 | 990 | 2 | 1/0 | $875 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
27 Ridge Rd is a Residential Income in Mokelumne Hill, CA 95245. This 2,490 square foot property sits on a 5.29 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $279,500 and was built in –. This address can also be written as 27 Ridge Rd, Mokelumne Hill, CA 95245.
©2026 MetroList Services, Inc. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from MetroList Services, Inc.
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 April 18, 2026. For the most current information, please contact Daniel Seider, (209) 743-1061
