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$760,275
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Property Description
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!
Full Property Details
Full Property Details for 72 Commercial St
General
- Sold For: $760,275
- Status: Closed
- Type: Single Family
- Source: Plumas_MLS
- MLS ID: 20241024
- Added to Site: 479 day(s) ago
Interior
- Interior Features: Washer Hookups, All Window Treatments, Electric Dryer Hookup, Electric Stove Connection
- Fireplace(s): None
- Appliances: Electric Range Oven, Washer, Dryer, Electric Range Top, Electric Oven
- Flooring: Laminate
Rooms
Bathrooms
- Total Bathrooms: 6
- Full Bathrooms: 6
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Other Room 1: Utility Room, Office/Computer Room, Living Room, Kitchen
Additional Information
- Equipment: Highspeed Internet
Exterior
- Exterior Features: Other
Parking
- Carport: None
- Parking: Off-Street Parking, Street Parking
- Garage Description: None
Location
- Area: Portola
- County: PLUMAS
Heating & Cooling
- Cooling Type: Other
- Heating Type: Other
- Water Heater: Electric
Utilities
- Utility Description: Water City, Public Sewer, Electric Yes
Structural Information
- Construction: Wood
- Basement Desc.: None
- Foundation: Perimeter
- Roof: Metal
- Stories/Levels: 3
- Square Feet: 4,881
- Sq. Ft. Source: Agent
- Year Built: 1920
- Year Built Source: Assessor
Lot Features
- Property View: Mountains
- Lot Size (Acres): 0.09
- Frontage: Street
- Driveway/Sidewalk: Gravel
- Topography: Level
- Trees/Vegetation: Mixed
- Lot Description: Wooded
- Fencing (Description): None
Water Features
- Water Front: Yes
- Water Front Desc.: None
Green Features
- Insulation: Upgrade
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Terms: Cash, Cash To New Loan
Disclosures and Reports
- APN: 126-082-010
Listed by Whitehawk Property Svs, Natalie Livezey
Sold by Whitehawk Property Svs, Linda Carr
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Schools
Schools serving 72 Commercial St
School District:Plumas Unified School District
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 72 Commercial St
Date
Details
Price
Change
Source
3/27/2025
Sold
$760,275
1.51%
MLS
9/25/2024
Listed
$749,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
72 Commercial Street, Portola, CA 96122 (MLS# 20241024) is a Single Family property that was sold at $760,275 on March 27, 2025. Want to learn more about 72 Commercial Street? Do you have questions about finding other Single Family real estate for sale in Portola? You can browse all Portola real estate or contact a Coldwell Banker agent to request more information.

