18093 Lasso Loop #B, Penn Valley, CA 95946
Local realty services provided by:CENTURY 21 Sierra Properties
Listed by: christopher ring
Office: gold country ranches and realty
MLS#:226018261
Source:MFMLS
Price summary
- Price:$315,000
- Price per sq. ft.:$403.85
About this home
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.
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Home facts
- Year built:2025
- Listing ID #:226018261
- Added:173 day(s) ago
- Updated:April 24, 2026 at 02:54 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:2
- Full bathrooms:2
- Flooring:Carpet, Concrete
- Kitchen Description:Dishwasher, Disposal, Free Standing Electric Oven, Free Standing Electric Range, Free Standing Refrigerator, Microwave
- Living area:780 sq. ft.
Heating and cooling
- Cooling:Ceiling Fan(s), Multi-Units, Wall Unit(s), Window Unit(s)
- Heating:Ductless, Multi-Units, Propane
Structure and exterior
- Roof:Metal
- Year built:2025
- Building area:780 sq. ft.
- Lot area:1.45 Acres
- Construction Materials:Plaster, Wood
- Foundation Description:Concrete, Slab
- Levels:1 Story
Utilities
- Sewer:Public Sewer, Sewer in Street
Finances and disclosures
- Price:$315,000
- Price per sq. ft.:$403.85
Features and amenities
- Appliances:Dishwasher, Disposal, Electric Water Heater, Free Standing Electric Oven, Free Standing Electric Range, Microwave
- Laundry features:Inside Laundry Area, Inside Laundry Room, Laundry Closet, Washer/Dryer Stacked Included
- Amenities:Cathedral Ceiling
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