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Sold for $760,275
  • $760,275

    72 Commercial St, Portola, CA 96122

    4beds
    4,881sqft
    Single Family Residence
    Built in 1920
    3,920 Square Feet Lot
    $477,300 Zestimate®
    $156/sqft
    $3,478 Estimated rent

    Home value

    $477,300

    $348,000 - $611,000

    $3,478/mo

    Zestimate® history
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    $4,794/mo

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    What's special

    New plumbingGrand communal hallwayHeating and cooling units
    This stunning 1920s structure has been meticulously remodeled down to the studs, featuring new plumbing, electrical, (units include individual electric meters) drywall, windows, siding, flooring and heating and cooling units. A unique opportunity to own four residential units. On the second floor, you'll find a grand communal hallway leading to a beautifully appointed two-bedroom, 2 bath apartment in the western wing, and another similar unit in the eastern wing. But that’s not all—ascending to the third floor, you'll discover a luxurious one-bedroom, 1 1/2 bath penthouse. To sweeten the deal, the buyer will receive a $20,000 credit to personalize the finishes to their liking. Explore Portola's rich history celebrated at the Western Pacific Railroad Museum, providing a living museum experience that visitors can enjoy with family and friends. Be sure to explore the Williams House Museum and the Portola Visitors Center, while planning a day of fun at the City Park, take a dip at the Portola Swimming Pool, stroll along the Riverwalk, or enjoy a game of disc golf. The area is also home to several beautiful golf courses. For the outdoors enthusiasts the Sierra Buttes Trail Stewardships works tirelessly to restore, enhance, maintain, and connect rural mountain trails throughout Tahoe, Plumas and Lassen National Forest of the Lost Sierra. This incredible property currently generates $3,200 in monthly rental revenue, with the potential to increase an additional $1,500 per month for the penthouse once completed. Don’t miss this exceptional investment opportunity in a vibrant community!

    Zillow last checked:

    Listing updated:

    Listed by:

    NATALIE LIVEZEY 530-386-5450,

    WHITEHAWK PROPERTY SVS,

    LINDA CARR 530-412-2482,

    WHITEHAWK PROPERTY SVS

    Bought with:

    LINDA CARR, DRE #00830265

    WHITEHAWK PROPERTY SVS

    , DRE #null

    Source: Plumas AOR,MLS#: 20241024MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 6
    • Full bathrooms: 6
    Rooms
    • Room types: Kitchen, Living Room, Utility Room
    Heating
    • Other
    Cooling
    • Other
    Appliances
    • Included: Dryer, Electric Oven, Electric Range, Washer, Electric Water Heater
    • Laundry: Washer Hookup, Electric Dryer Hookup
    Features
    • Electric Range Connection, Stall Shower, Window Treatments, Utility Room
    • Flooring: Laminate
    • Basement: None
    • Attic: None
    • Has fireplace: No
    • Fireplace features: None
    Interior area
    • Total interior livable area: 4,881 sqft

    Property

    Parking
    • Parking features: Gravel, Off Street, On Street
    • Has uncovered spaces: Yes
    • Details: Off-Street Parking, Street Parking
    Features
    • Levels: Three Or More
    • Stories: 3
    • Exterior features: Other
    • Fencing: None
    • Has view: Yes
    • View description: Mountain(s)
    • Waterfront features: None
    Lot
    • Size: 3,920 Square Feet
    • Features: Wooded, Level
    • Topography: Level
    • Residential vegetation: Mixed
    Details
    • Parcel number: 126082010

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Cedar, Hardboard, Stucco, Wood Siding
    • Foundation: Concrete Perimeter
    • Roof: Metal
    Condition
    • Under Construction
    • New construction: No
    • Year built: 1920

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Municipal Utility District
    • Utilities for property: Electricity Available, Sewer Available, High Speed Internet Available

    Community & HOA

    Location
    • Region: Portola

    Financial & listing details

    • Price per square foot: $156/sqft
    • Tax assessed value: $179,772
    • Annual tax amount: $2,116
    • Date on market: 9/25/2024
    • Cumulative days on market: 17 days
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Cash to New Loan
    • Electric utility on property: Yes
    • Road surface type: Paved

    Price history

    DateEventPrice
    3/27/2025Sold$760,275+1.5%$156/sqft
    Source: Plumas AOR #20241024 Report a problem
    3/9/2025Pending sale$749,000$153/sqft
    Source: Plumas AOR #20241024 Report a problem
    3/8/2025Listing removed$749,000$153/sqft
    Source: Plumas AOR #20241024 Report a problem
    10/15/2024Pending sale$749,000$153/sqft
    Source: Plumas AOR #20241024 Report a problem
    9/30/2024Listed for sale$749,000+374.1%$153/sqft
    Source: Plumas AOR #20241024 Report a problem
    9/6/2017Sold$158,000$32/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,116 -0.4%$179,772 +2%
    2024$2,124 +14.1%$176,248 +2%
    2023$1,862 +0.3%$172,793 +2%
    2022$1,857 +3%$169,406 +2%
    2021$1,802 -2.2%$166,085 +1%
    2020$1,844 +2%$164,383 +2%
    2019$1,807 +4.5%$161,160 +2%
    2018$1,729 +47.5%$158,000 +50.5%
    2017$1,172 +8.6%$104,998 +2%
    2016$1,079 +1.4%$102,940 +1.5%
    2015$1,065 $101,395
    Find assessor info on the county website

    Neighborhood: 96122

    Nearby schools

    GreatSchools rating
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