11019 Glen Meadow Drive, Grass Valley, CA 95945
- $649,900
- 2
- BD
- 1
- BA
- 750
- SqFt
- List Price
- $649,900
- MLS#
- 226040347
- Status
- ACTIVE
- Bedrooms
- 2
- Bathrooms
- 1
- Living Sq. Ft
- 750
- Type
- Single Family Residential
- Zip
- 95945
- City
- Grass Valley
Property Description
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.
/u.realgeeks.media/greensidepropertiescalifornia/logo_hor.png){kind=logo}
Additional Information
- Land Area (Acres)
- 1.08
- Year Built
- 1959
- Subtype
- 3+ Houses on Lot
- Subtype Description
- Ranchette/Country, Detached
- Style
- Ranch
- Construction
- Frame, Wood
- Foundation
- Raised, Slab, See Remarks
- Stories
- 1
- Garage Spaces
- 5
- Garage
- Attached, Boat Storage, RV Garage Detached, Detached, RV Storage, Garage Facing Front, Uncovered Parking Spaces 2+, Guest Parking Available
- Baths Other
- Shower Stall(s), Tub w/Shower Over
- Floor Coverings
- Carpet, Laminate
- Room Description
- Converted Garage, Guest Quarters
- Laundry Description
- Dryer Included, Sink, Washer Included, Inside Room
- Dining Description
- Dining/Family Combo, Space in Kitchen, Dining/Living Combo
- Kitchen Description
- Breakfast Area, Kitchen/Family Combo, Laminate Counter
- Kitchen Appliances
- Free Standing Gas Range, Free Standing Refrigerator, Gas Cook Top, Dishwasher, Microwave, Tankless Water Heater
- Number of Fireplaces
- 1
- Fireplace Description
- Living Room, Wood Stove
- Road Description
- Paved
- Rec Parking
- RV Storage, RV Garage Detached, Boat Storage
- Misc
- Uncovered Courtyard
- Cooling
- Ceiling Fan(s), Window Unit(s)
- Heat
- Fireplace(s), Gas, Wall Furnace, Wood Stove, Natural Gas
- Water
- Well, Other
- Utilities
- Cable Available, Public, Electric, Internet Available, Natural Gas Connected, Other
- Sewer
- Septic System
Mortgage Calculator
Listing courtesy of RE/MAX Gold.
All measurements and all calculations of area (i.e., Sq Ft and Acreage) are approximate. Broker has represented to MetroList that Broker has a valid listing signed by seller authorizing placement in the MLS. Above information is provided by Seller and/or other sources and has not been verified by Broker. Copyright 2026 MetroList Services, Inc. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of MetroList® MLS. All information has been provided by seller/other sources and has not been verified by broker. All interested persons should independently verify the accuracy of all information. Last updated .