11019 Glen Meadow Drive, Grass Valley, CA 95945
Local realty services provided by:Better Homes and Gardens Real Estate Everything Real Estate
Listed by: marisa dardi, laton m east
Office: re/max gold
MLS#:226040347
Source:MetroList
Price summary
- Price:$649,900
- Price per sq. ft.:$866.53
About this home
Great Investment Opportunity with Three Separate Homes! Fantastic opportunity to own an income-producing property featuring three completely separate homes in a desirable Grass Valley neighborhood, conveniently located near downtown Grass Valley and Condon Park. The main residence is approximately 1,040 square feet with 2 bedrooms and 1 bathroom, plus a huge detached 3-car garage and separate RV storage. This home currently rents for $2,000 per month. The second home is approximately 550 square feet and features an attached 2-car garage. It is currently rented for approximately $1,800 per month. Both of these homes have been nicely updated and feature brand-new roofs, while two of the units are equipped with tankless water heaters. The third home is approximately 750 square feet and offers its own separate driveway and a beautiful private yard. Recent improvements include new carpeting, and the home also features a refrigerator that is approximately one year old. This unit currently rents for $1,650 per month. With three separate dwellings, multiple garages, RV storage, individual driveways, and a strong existing rental income stream, this property offers an exceptional opportunity for investors or buyers looking to live in one home while generating rental income from the others or family compound. A convenient location close to downtown and nearby recreation adds to the property's appeal. Current combined rental income: approximately $5,450 per month, or $65,400 annually. A rare opportunity to own multiple income-producing homes on one property in Grass Valley! PLEASE DO NOT DISTURB THE TENANTS....
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Home facts
- Year built:1959
- Listing ID #:226040347
- Added:58 day(s) ago
- Updated:October 13, 2026 at 03:12 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:1
- Full bathrooms:1
- Flooring:Carpet, Laminate
- Kitchen Description:Dishwasher, Free Standing Gas Range, Free Standing Refrigerator, Gas Cook Top, Microwave
- Living area:750 sq. ft.
Heating and cooling
- Cooling:Ceiling Fan(s), Window Unit(s)
- Heating:Fireplace(s), Gas, Natural Gas, Wall Furnace, Wood Stove
Structure and exterior
- Roof:Composition Shingle
- Year built:1959
- Building area:750 sq. ft.
- Lot area:1.08 Acres
- Lot Features:Corner, Low Maintenance
- Construction Materials:Frame, Wood
- Exterior Features:Back Porch, Uncovered Deck, Uncovered Patio
- Foundation Description:Raised Foundation, Slab
- Levels:1 Story
Utilities
- Sewer:Septic System
Finances and disclosures
- Price:$649,900
- Price per sq. ft.:$866.53
Features and amenities
- Appliances:Dishwasher, Microwave, Tankless Water Heater
- Laundry features:Dryer Included, Inside Laundry Room, Sink, Washer Included
Parking
- Garage spaces:5
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