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3445 Penryn Road

Loomis, CA 95650
  • $998,888
  • STATUS: Active
  • ON SITE: 30 Days
  • MLS #: 222096385
UPDATED: 30 min ago
$998,888
  • 2
    BEDS
  • 2.89
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 1,400
    SQFT
  • $713
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1963
County:

School Ratings & Info

Description

Own a ~3 acre property in Loomis with 3 leased houses and a farm. Approx. sq footage: (3441) 1200sf 3bd/1ba, (3443) 800sf 2bd/1ba, (3445) 1400sf 2bd/1ba = 3400 sqft total. Rental income has been stepped up to $4,800/mo, but still below market = UPSIDE potential. Easy access off Hwy-80 and Penryn Rd with a private driveway. Tenants pay all their own utilities. Owner only pays trash ~$100/mo. The houses are on septic tanks and share 2 wells. There is a garage, carport, storage sheds, gardens, horses, a pig and lots of chickens. Great for investment or 1031 tax exchange. Note, the existing farm business, crops and animals belongs the tenants. There is opportunity and space on the land to collaborate or expand farming operations.

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Metrolist MLS logo © 2022 MetroList® MLS. All rights reserved. All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data last updated 2022-08-18T23:40:40.883. MetroList® MLS Terms of Use. IDX provided by BoomTown.
www.jimmycastrogroup.com/homes/131059636
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3445 Penryn Road Loomis, CA 95650

  • Price: $998,888
  • Status: Active
  • On Site: 30 Days
  • Updated: 30 min ago
  • MLS #: 222096385
2
Beds
1
Baths
0
½ Baths
2.89
Acres
1,400
SQFT
$713
$/SQFT
1963
Built
Neighborhood:
Loomis zip 95650
County:
Placer
Area:
Loomis zip 95650
Property Description
Own a ~3 acre property in Loomis with 3 leased houses and a farm. Approx. sq footage: (3441) 1200sf 3bd/1ba, (3443) 800sf 2bd/1ba, (3445) 1400sf 2bd/1ba = 3400 sqft total. Rental income has been stepped up to $4,800/mo, but still below market = UPSIDE potential. Easy access off Hwy-80 and Penryn Rd with a private driveway. Tenants pay all their own utilities. Owner only pays trash ~$100/mo. The houses are on septic tanks and share 2 wells. There is a garage, carport, storage sheds, gardens, horses, a pig and lots of chickens. Great for investment or 1031 tax exchange. Note, the existing farm business, crops and animals belongs the tenants. There is opportunity and space on the land to collaborate or expand farming operations.
Exterior Features

Carport Spaces 1.00 Construction Materials Frame Entry Level 0 Foundation Raised Lot Features Shape Regular Open Parking Spaces 4.00 Parking Features CoveredDetached Parking Fee 0.00 Roof Composition Total Parking Spaces 0.00

Interior Features

Bath Features Tub Cooling Ceiling Fan(S)CentralEvaporative CoolerWindow Unit(S) Dining Room Features Dining/Family ComboDining/Living Combo Flooring Vinyl Heating Pellet StoveCentralWood Stove Kitchen Features Breakfast Area Laundry Features In GarageInside Area Main Level Bedroom(S) Num Of Fireplaces 0

Property Features

Additional Unit YN No Association No Association Fee 0 Electric 220 Volts Elevation 0 Horse Property Yes Horse Property Features 1-6 Stalls Irrigation None Pool No Property Subtype 3+ Houses On Lot Property Type Residential Remodeled Updated Unknown Senior Community No Sewer Septic System Special Listing Conditions None Subtype Description Ranchette/Country Utilities Electric Water Source Well Zoning Ra-B-X

Metrolist MLS logo Listing provided courtesy of The 916 Agency: . Listing information © 2022 MetroList Services, Inc.


Metrolist MLS logo © 2022 MetroList® MLS. All rights reserved. All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data last updated 2022-08-18T23:40:40.883. MetroList® MLS Terms of Use. IDX provided by BoomTown.
 
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Jimmy Castro Real Estate Group
2340 East Bidwell St.
Folsom CA, 95630