27 Ridge Road | MLS #226048548 | RE/MAX California & Hawaii
 
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Discover a rare investment opportunity on a spacious 5-acre parcel featuring four established rental homes that are currently occupied and generating income. This property delivers immediate cash flow while offering significant upside through targeted improvements and development potential. The four homes provide much-needed affordable housing in the area, attracting reliable tenants and creating a built-in demand for these practical, no-frills residences. While the units would benefit from cosmetic and functional updates (a classic value-add project), they are fully functional and continue to perform as solid rental producers. Rental income varies with market conditions and tenant turnover, but the portfolio has demonstrated consistent occupancy and long-term tenant retention. A standout feature is the existing foundation of a small burned unit, offering a straightforward path to rebuild and restore an additional dwelling. Combined with the possibility of developing one more unit on the expansive grounds (subject to local zoning and approvals), this property has clear potential to expand to five income streamsdramatically increasing net operating income for the savvy investor. Additional property highlights include: Shared well system with electricity paid by the owner and billed back to tenantsproviding a simple, transparent utility arrangement that keeps operations straightforward. Ample acreage for privacy, future expansion, outbuildings, or added amenities that could further boost appeal and rents.Strong investor appeal in a market hungry for affordable rental housing with room to scale. Whether you're looking to stabilize and grow an existing rental portfolio, undertake a value-add renovation for higher rents, or capitalize on the extra-unit potential, this 5-acre gem checks all the boxes for long-term cash flow and appreciation. The current setup delivers hands-off income today while the land and extra foundation unlock tomorrow's growth. Ideal for investors, developers, or owner-operators seeking a turnkey income producer with built-in upside. Serious inquiries onlyproof of funds requested. Contact agent today for detailed financials, rent rolls, and a private showing. Don't miss this chance to own a piece of scalable, affordable housing real estate on prime acreage!

Source: MetroList MLS, MLS#: 226048548

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  • Property Type
    Residential Income
  • Lot
    5.29 acres

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Inmar Barrera

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 27 Ridge Road


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
4/18/2026Source: MetroList MLS Added to Database
April 18, 2026
Listing provided courtesy of Big Trees Real Estate- MLS# 226048548MLS Provider