323 Kipps LaneEl Dorado Hills, CA 95762

$1,495,000

  • 0.78

    Lot Size (Acres)

Income MLS 19047340

Unique opportunity to purchase or exchange into this rare investment property in El Dorado Hills with excellent upside rent potential. Three adjacent duplexes on one .78 acre parcel bordering on Folsom Lake state property. Extremely well maintained, professionally managed by local hands-on owners. Each unit 854 sq ft, 2 bd 1 ba, wood burning fireplace, 1 car garage with laundry hookups private side yards. Energy efficient, dual pane windows, all roofs replaced within 2 years, all ext freshly painted, all elec panels replaced within 5 years, and a newer Tuff Shed currently for owners use. Long term tenants enjoy end of road privacy & ample parking, landscaped front yards with auto sprinklers and great separation between buildings. Nice upgrades, tastefully done. Great location close to everything EDH and Folsom. All units occupied. Please do not disturb. Call to view owners unit or write subject to inspection. Seller doing 1031. Please see attached list of features & upgrades.

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Contact Agent
Photo of David Meehan
David Meehan
REALTOR®
CALBRE# 01752612
916-717-1788

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Unit One Bedrooms
2
Property Subtype
5 or More Units
# of Units
6
Number of Stories
1
Style Description
Contemporary
Zoning
C
Year Built
1978
Total Number of Buildings
3
Unit One Full Baths
1
Unit One Rent
1,150
Unit One Approx Square Feet
854
Unit Two Bedrooms
2
Unit Two Full Baths
1
Unit Two Rent
1,150
Unit Two Approx Square Feet
854
Unit Three Bedrooms
2
Unit Three Full Baths
1
Unit Three Rent
1,150
Unit Three Approx Square Feet
854
Unit Four Bedrooms
2
Unit Four Full Baths
1
Unit Four Rent
1,150
Unit Four Approx Square Feet
854
Census Tract
307.01

Amenities


  • Varies By Unit
Location
Area
El Dorado Hills
Area ID
12602
Cross Street
Green Valley Rd
County
El Dorado
Schools
Elementary District
Rescue Union
Junior High District
Rescue Union
Senior High District
El Dorado Union High




 
 
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El Dorado Hills is an upscale city nestled in the Sierra Foothills. Located off Highway 50, El Dorado Hills is 25 miles away from the State Capitol and 75 miles away from South Lake Tahoe. This unincorporated area of El Dorado County is comprised of a collection of communities and neighborhoods known for their rolling hills and expansive views of the Sierra Nevada Mountains, Sacramento Valley, and Folsom Lake.

Properties range from palatial lake-view residences to countryside estates. The area offers exclusive housing communities such as Serrano, The Summit, Watermark, Marina Hills and Highland Hills, as well as more moderately priced communities. Opportunities for high-end luxury homes, acreage or horse properties are plentiful.

Families are drawn to the area for its excellent schools and abundance of parks, youth activities, and sports programs. El Dorado Hills’ location offers a variety of terrain for all levels of hiking, biking, and exploring. Folsom Lake and the American River welcome boaters, kayakers, and fisherman.

More than just an outdoor oasis, residents and community leaders pride themselves on the city’s cultural aspects. There are numerous art galleries, dance academies, and a performing arts institute.

The El Dorado Hills Town Center offers residents a place to dine, shop, and see entertainment available for all ages. The public plaza is also a setting for events including farmers markets, holiday haunted houses, spring carnivals, and art, beer, and wine festivals.

Information and interactive calculators are made available to you as self-help tools for your independent use. We cannot and do not guarantee their accuracy or their applicability to your circumstances. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.

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    MLS 19038599 | Courtesy of Toll Brothers Real Estate, Inc MetroList

Courtesy of Lyon RE El Dorado Hills

All measurements and all calculations of area (i.e., Sq Ft and Acreage) are approximate. Broker has represented to MetroList that Broker has a valid listing signed by seller authorizing placement in the MLS. Above information is provided by Seller and/or other sources and has not been verified by Broker. Copyright 2019 MetroList Services, Inc. Based on information from MetroList Services, Inc. View Terms of Use