3337 La Canada Dr - Apartments FOR SALE


Cameron Park, CA 95682
$3,150,000 USD
916-259-9660
3337 La Canada Dr, Cameron Park, CA for Sale
$3,150,000 USD
Apartments - FOR SALE
1/73
null | 5.2% Cap Rate

3337 La Canada Dr
Cameron Park, CA 95682


HIGHLIGHTS

  • Huge units with indoor laundry
  • All units have 1 car attached garages
  • 2 bedroom units have large patios and 1 bedroom units have large balconies

OVERVIEW

La Canada Apartments is a 12-unit, pride-of-ownership asset in supply-constrained Cameron Park, offering investors stable in-place cash flow, condo-quality amenities, and clear upside through continued rent optimization. Investment highlights Desirable unit mix of eight 2-bed/1.5-bath townhome-style units and four 1-bed/1-bath units, all with efficient floor plans that remain highly rentable across market cycles. Built in 1980 with approximately 11,392 square feet on a ±0.53-acre R2-zoned site, providing attractive density and long-term land value in an established residential neighborhood. Rare combination of in-unit full-size washer/dryers, central heat and air, private balconies or patios, and individual single-car garages—features that support premium rents and strong tenant retention. Location and demand drivers Located just minutes from Highway 50, connecting residents quickly to Folsom, El Dorado Hills, and Sacramento employment centers while retaining a quiet suburban foothill setting. Cameron Park benefits from high median household incomes, limited multifamily inventory, and predominantly single-family surroundings, supporting durable demand and low vacancy for well-amenitized apartments. Operational story and upside Professionally presented, fully rented property with a history of strong occupancy, reducing lease-up risk for incoming ownership. Upside potential through periodic interior upgrades, gradual rent alignment to market, and continued professional management in a market where quality small-scale multifamily trades infrequently. Exit and long-term positioning Efficient 12-unit size appeals to a wide buyer pool—from local private investors completing 1031 exchanges to small syndicators—enhancing future liquidity. Given the asset’s age, unit mix, and amenities, La Canada Apartments is well-positioned as a long-term hold with both income stability and appreciation potential in the growing Sierra foothill corridor east of Sacramento.

FOR SALE DETAILS

PRICE

$3,150,000 USD

PRICE/SF

$277 USD /SF

# OF UNITS

12

PRICE/UNIT

$262,500

CAP RATE

5.2%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1980

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.54 AC

LAND SF

23,522 SF

ZONING

R4

APN/PARCEL ID

116-091-006-000

ASK ABOUT THIS PROPERTY

Robin BaimasHouse 2 Home PropertiesMore Info
916-259-9660

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Robin BaimasHouse 2 Home PropertiesMore Info
916-259-9660

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.