| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 65th | Poor |
| Demographics | 52nd | Fair |
| Amenities | 64th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 6041 Golden Center Ct, Placerville, CA, 95667, US |
| Region / Metro | Placerville |
| Year of Construction | 1986 |
| Units | 50 |
| Transaction Date | 2023-03-31 |
| Transaction Price | $11,700,000 |
| Buyer | PACIFICA MISSION BAY LLC |
| Seller | GOLD COUNTRY HEALTH CENTER INC |
6041 Golden Center Ct Placerville Multifamily Investment
This 50-unit property benefits from strong neighborhood fundamentals including above-average home values and improving property crime trends. According to CRE market data from WDSuite, the location offers competitive positioning within the Sacramento-Roseville-Folsom metro area.
Built in 1986, this property aligns with the neighborhood's average construction vintage of 1981, positioning it within established housing stock that may offer value-add renovation opportunities for capital improvements and unit upgrades. The neighborhood ranks in the top quartile nationally for housing metrics among 561 metro neighborhoods, reflecting solid fundamentals for multifamily investments.
Demographics within a 3-mile radius show stable household formation with median income of $72,641 and projected growth to $99,317 by 2028. The area maintains 33.1% renter-occupied housing units, providing a consistent tenant base. Home values averaging $487,371 sustain rental demand by limiting ownership accessibility, reinforcing reliance on multifamily housing options.
Neighborhood-level occupancy stands at 87.0%, while median contract rent reaches $1,284 with 33.9% growth over five years. The location offers reasonable amenity access including grocery stores and restaurants, supporting tenant retention. School ratings average 1.5 out of 5, which may influence family tenant demographics but creates opportunities for workforce housing positioning.
Property crime trends show significant improvement with a 69.5% decrease over the past year, ranking in the 95th percentile nationally for crime reduction. The neighborhood maintains a property offense rate of 14.6 per 100k residents, positioning it favorably among Sacramento-area neighborhoods for investor consideration.
While violent crime rates increased 515.8% year-over-year, this places the neighborhood in the 71st percentile nationally for violent crime levels, indicating manageable risk relative to other metro areas. Overall crime metrics rank the neighborhood in the 64th percentile nationally, reflecting competitive safety positioning for multifamily properties.
The property benefits from proximity to major corporate employers in the Sacramento metro area, supporting workforce housing demand and commute convenience for tenants.
- Intel Folsom FM5 — technology manufacturing (18.9 miles)
- DISH Network Distribution Center — telecommunications distribution (32.6 miles)
- Cardinal Health — healthcare services (35.3 miles)
- International Paper — manufacturing (39.7 miles)
This 50-unit property built in 1986 presents value-add potential through strategic capital improvements while benefiting from neighborhood fundamentals that support rental demand. The location's median home values of $487,371 reinforce tenant reliance on multifamily housing, while projected household income growth to $99,317 by 2028 indicates strengthening renter purchasing power.
Neighborhood-level occupancy at 87.0% provides operational stability, though below regional averages requiring focused leasing strategies. According to multifamily property research from WDSuite, improving crime trends and competitive housing metrics position this asset for long-term appreciation within the Sacramento-Roseville-Folsom metro expansion.
- Value-add opportunity through 1986 vintage allowing strategic renovations and unit upgrades
- High home values sustain rental demand and limit ownership competition
- Projected 37% household income growth supports rent escalation potential
- 69.5% improvement in property crime trends enhances tenant appeal
- Below-average occupancy requires active lease management and retention strategies