Off market since Aug 2026

The Story

18093 Lasso Loop B

Penn Valley, CA 95946 · Condo

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.


Facts & Features

Property Info

Price
$320,000
Completion Year
2,025
Living Space
780 sq ft
Floors
1
Bedrooms
2
Bathrooms
2
Lot size
1 acres

Features & Amenities

Cooling

Ceiling Fan(s), Wall Unit(s), Ductless, Window Unit(s), Multi Units

Heating

Propane, Ductless

Appliances

Free-Standing Refrigerator, Dishwasher, Disposal, Microwave, Electric Water Heater, Free-Standing Electric Oven, Free-Standing Electric Range, Washer/Dryer Stacked

Flooring

Carpet, Concrete

Roof

Metal

Lot Information

Level, Private, Meadow

Water Source

Well

Sewer

Public Sewer

Listing Broker

Gold Country Ranches and Realty

Broker Name

Gold Country Ranches and Realty

Agent

Christopher Ring

Location

Grass Valley CA 95945