Penn Valley, CA 95946,B Lasso LOOP #B
Penn Valley, CA 95946,B Lasso LOOP #B
Penn Valley, CA 95946,B Lasso LOOP #B
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Keller Solbos Real Estate
$315,000
Est. payment /mo
2 Beds
2 Baths
780 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Co-Ownership

Listing Status Active

Purchase Type For Sale

Square Footage 780 sqft

Price per Sqft $403

MLS Listing ID 225139897

Bedrooms 2

Full Baths 2

HOA Y/N No

Year Built 2025

Lot Size 1.450 Acres

Acres 1.45

Property Sub-Type Co-Ownership

Source MLS Metrolist

Property Description

Investment opportunity with community benefit! Earn a solid return while providing much-needed local housing. This new construction duplex in Penn Valley town center features two 2BR/2BA units that will be sold individually, at cost and below market value to assure both affordability and profit. Smaller Unit of the Duplex (Unit B). Developed by NevCo West Community Land Trust to provide workforce housing, rents are structured to remain aligned with middle income levels while yielding 5% in Year 1 and up to 7% by Year 10. Property is held under a 99-year renewable ground lease that preserves affordability while allowing resale of investor shares under favorable terms. Complete on-site property management, including tenant screening, maintenance, and bookkeeping is provided. Investors simply receive monthly income with no landlord duties. A turnkey, socially responsible investment with stable returns, zero management hassle, creating lasting community impact.

Location

State CA

County Nevada

Area 13103

Direction West on Penn Valley Drive, Left of Horton, Left on Lasso Loop, PIQ on the right.

Rooms

Guest Accommodations No

Living Room Cathedral/Vaulted

Dining Room Dining/Family Combo, Dining/Living Combo

Kitchen Breakfast Area, Quartz Counter, Kitchen/Family Combo

Interior

Interior Features Cathedral Ceiling

Heating Propane, Ductless, MultiUnits

Cooling Ceiling Fan(s), Wall Unit(s), Ductless, Window Unit(s), MultiUnits

Flooring Carpet, Concrete

Appliance Free Standing Refrigerator, Dishwasher, Disposal, Microwave, Electric Water Heater, Free Standing Electric Oven, Free Standing Electric Range

Laundry Laundry Closet, Washer/Dryer Stacked Included, Inside Area, Inside Room

Exterior

Parking Features Uncovered Parking Space, Uncovered Parking Spaces 2+

Fence Partial

Utilities Available Public, Sewer Connected, Sewer Connected & Paid, Sewer In & Connected, Electric, Solar, Internet Available

Roof Type Metal

Topography Level

Street Surface Asphalt

Private Pool No

Building

Lot Description Meadow East, Meadow West, Private

Story 1

Foundation Concrete, Slab

Sewer Sewer in Street, Public Sewer

Water Well

Architectural Style Contemporary, Cottage

Level or Stories One

Schools

Elementary Schools Penn Valley

Middle Schools Penn Valley

High Schools Nevada Joint Union

School District Nevada

Others

Senior Community No

Tax ID 051-200-016-002

Special Listing Condition Other

Pets Allowed Yes

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Listed by Gold Country Ranches and Realty

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Keller Solbos Real Estate

Keller Solbos Real Estate

+1(925) 577-5903

Agent | License ID: 01495771

Agent License ID: 01495771

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