Are you eager to generate residual income? This duplex presents a fantastic investment opportunity in Colfax. It boasts excellent access to Highway 80 and the Bear River, just minutes from downtown Colfax. Each unit features two bedrooms and two full bathrooms. Whether you're a seasoned investor aiming to grow your portfolio or a first-time investor looking for a house hack while owner-occupying one unit, this property has the potential for significant cash flow with the right owner. One unit is currently occupied, while the other is vacant, providing the flexibility to either start earning immediate rental income or reside in one unit while renting out the other. Don't miss out on this great opportunity to secure your future investmentact quickly!
Multi-familyProperty Type
1991Year Built
2,792 sq ftLot Size
$300Est. Price/Sq.Ft.
2 spacesParking
Listed by Tisha Torres•DRE #01229756• Riverview Realty One
Bought with Ronda Henrikson•DRE #02153994• Ronda Henrikson, Broker
This is a new listing, so no sales records exist yet. As the MLS and public records start to fill up, we'll list the details here.
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
—
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Multi-Family (2-4 Unit)
County
Placer County
APN
100-250-003-000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 9, 2023.
R-1-5
Single-Family Residence District
The purpose of the single-family residence district (R-1) is to provide for areas in appropriate locations where quiet, low density residential neighborhoods may be established, maintained and protected. The regulations of this district are designed to promote and encourage a suitable environment for families, many of whom will have children. To this end the regulations permit the establishment of single-family dwellings and also permit, with proper controls, those public and quasi-public activities, such as schools, libraries, churches, parks and playgrounds, which serve the needs of families. The regulations are intended to prohibit the establishment or operation of any activity which would be inimical to such a residential environment.
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Single unit
Housing-Other
Fire house
Police station
Recreation
Property details
Parking
Parking & Garage Information
Parking Total: 2
Parking Features: Attached, Off Street, Garage
Interior
Heating & Cooling
Cooling: Central
Heating: Central, Propane, Natural Gas
Interior Features
Appliances: Dishwasher, Free Standing Electric Oven
Flooring: Carpet, Tile, Vinyl, Linoleum, Wood
Laundry Features: In Each Unit
# of Stories: 2
# of Stories (Total): 2
Room Information
Basement Sq.Ft.: 0
Multi-Unit Information
# of Units (Total): 2
Unit 1
# of Bedrooms (Total): 2
# of Bathrooms (Full): 2
Unit 2
# of Bedrooms (Total): 2
# of Bathrooms (Full): 2
Exterior
Property Information
Property Type: Residential Income
Property Sub Type: Duplex
Subtype Description: Condominiums
Year Built: 1,991
Lot Information
Lot Features: Corner
Lot Size Square Feet: 2,792
Lot Size Acres: 0.0641
Utilities
Green Energy Information
Power Production Year Install: 0
Power Production Size: 0.00
Utility Information
Utilities: Cable Available, Propane
Sewer: Public Sewer
Irrigation Source: Public District
Water Source: Meter on Site, Public
Location
HOA Information
Association YN: Yes
Association Mandatory: Yes
Association Amenities: Playground
Association Fee: $213
Association Fee Frequency: Monthly
School Information
School District County: Placer
Elementary School District: Colfax Elementary
Middle Or Junior School District: Colfax Elementary
High School District: Placer Union High
Location Information
Postal Code Plus 4: 9223
Postal Code: 95713
County Or Parish: Placer
CrossStreet: Sherwood Court
Directions: I-80 EAST,EXIT CANYON WAY/PLACER HILLS RD,LT OVER FREEWAY,RT S.AUBURN ST,LT SHERWOOD CT TO THE END,LT ON OAK RIDGE DR,THE FIRST DUPLEX ON THE RIGHT.
State Or Province: CA
Street Number Numeric: 1301
Unparsed Address: 1301-1303 Oak Ridge Drive, Colfax, CA 95713-9223
Street Address Filtered: 1301-1303 Oak Ridge Drive
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (2-4 Unit)
Year Built: —
Year Renovated: —
County: Placer County
APN: 100-250-003-000
Home facts updated by county records on Oct 9, 2023
Other
Selling Agent
Buyer Agent Full Name: Ronda L Henrikson
Around this home
Schools
Colfax Elementary School
Public K-8 • Assigned • 1.3mi
6/10
Colfax High School
Public 9-12 • Assigned • 1.5mi
9/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
4/10 Fire Factor
0.93% chance of being in a wildfire in next 30 years
5/10 Heat Factor
7 days above 98° expected this year, 16 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
10/10 Air Factor
37 unhealthy days expected this year, 39 days in 30 years
Provided by First Street
Historical weather
Colfax, CA • 95713
Average low and high temperatures (°F)
61
43
59
42
67
47
66
47
77
55
87
62
89
65
92
69
86
64
75
56
61
46
60
46
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 13.5 hours in
June and 5 hours in December, placing it above the
U.S. average for solar exposure.
13.5 hrs
5 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$511,000 – $619,000
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