USACAGrass Valley18527 Cherry Creek Road

New

$589,000

For Sale

8 hours ago

18527 Cherry Creek Road, Grass Valley, CA

Name: 18527 Cherry Creek Road, For Sale in Grass Valley - eXp Realty
Brand: Real Broker
SKU: 226076251
Price: 589000 USD

House

MLS® 226076251

0 Bed

0 Bath

3000 sqft

10 Parking

Key Facts
Description
Map

Key Facts

Type Quadruplex

Levels Residential Income

Size 3000 sqft

Garage

Taxes

Days Active 0

Lot Size 0.66 Acres

Approx. Age 0

Avg. Price Per Sqft $196

MLS® Number 226076251

Property Address: 18527 Cherry Creek Road, Grass Valley, CA, 95949

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

Description

Do not disturb tenants. Incredible investment opportunity in a prime location. This unique income property features four detached homes on a single lot, providing an immediate cash flow from day one. It is an investor dream come true, especially with reliable tenants already in place who would love to stay. To make your transition seamless, Mountain Valley Property Management is already managing the rentals and can easily continue overseeing the property for the new owner. The property includes four distinct units, each offering unique features and privacy. Unit one, located at 18535, is a spacious three bedroom, two bathroom home that was tastefully updated just a few years ago. It features a fully fenced yard and a lovely garden space, along with ample parking for multiple vehicles and dedicated room for an RV. This house currently rents for $1, 995 per month. Unit two, located at 18565, is a charming two bedroom, one bathroom home featuring a bright, open concept layout with high ceilings in the living room. It also includes its own private side yard and a covered porch. Unit three is a well designed studio that includes a functional office space, a loft, a full bathroom, a cozy living room, and a small kitchen. This unit enjoys a generous, nicely sized fenced yard. Unit four is another efficient studio layout, offering an office space, a small living room, a full kitchen, and its own private fenced yard. The entire property offers plenty of uncovered open parking spots allocated for each unit. Situated right off Highway 49, the location is unbeatable for convenience. Commuters will love the quick freeway access, making it a short drive to either downtown Grass Valley or Auburn. Residents are just minutes away from essential amenities, including Target, local shopping, and the nearby hospital. For outdoor enthusiasts, the property offers easy access to the beautiful local rivers and lakes, making this a highly desirable rental location for long term tenants. This turnkey multi unit property offers rare stability and excellent upside in a fantastic Sierra foothills location. It is being sold with tenants in place and subject to tenant rights.

MLS® Number226076251

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age0

BasementNone

DrivewayUncovered

Garage Spaces

HeatWall Furnace

A/CSee Remarks

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Jun 19, 2026List Date

$589,000List Price

Commute

Commute

Starting Address

Destination Address

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