USACAFolsom120-193 Blue Ravine Rd
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$549,000

For Sale

2 days ago

120 - 193 Blue Ravine Rd, Folsom, CA

House

MLS® 226076681

0 Bed

0 Bath

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0

  • Key Facts
  • Description
  • Map

Key Facts

Type Office
Levels Commercial Sale
Size -
Garage 
Taxes 
Days Active 2
Lot Size 8.6 Acres
Approx. Age 2005
MLS® Number 226076681

Property Address: 120-193 Blue Ravine Rd, Folsom, CA, 95630-4757

Average square foot calculated using Size range provided by listing agent.

Description

Fully Leased Office Condo - Passive Income with Long-Term Tenant. This is your chance to own a turnkey, passive income property in one of Folsom's most desirable professional corridors. Located at 193 Blue Ravine Road, this ground-floor office condo is fully leased to a well-established tenant who has occupied the space for over 13 years, with a lease secured through June 2028 and built-in 3% annual rent increases. The property generates $44, 472 in annual income, with a net operating income of $28, 186 after expenses and HOA reserves. At the asking price of $549, 000, this delivers a solid 6.0% cap rate, making it an excellent fit for any investor seeking stable, low-maintenance returns. The building features a modern, professional design with mature landscaping, large windows for natural light, and plenty of on-site parking. Located close to major roads, shopping, and services, this condo is part of a professionally managed complex with most maintenance costs covered by the HOA. If you're looking for a dependable, hassle-free investment with long-term upside this one checks all the boxes.
MLS® Number226076681
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age2005
Basement
DrivewayOpen, Private, Uncovered
Garage Spaces
HeatCentral
A/CCentral

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 16, 2026List Date
$549,000List Price
  • Commute

Commute

Starting Address
Destination Address
193 Blue Ravine Rd, Folsom, CA

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Corey McKinney

Listing Agent

Corey McKinney

[email protected]
(530) 556-9488
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Listing Agent

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