638 Leduc St, Grass Valley, CA, 95945
About This Home
Cash-Flowing Investment Opportunity in a Prime Location! Ideally situated close to downtown Grass Valley, this turnkey 2-bedroom, 1-bath property offers immediate income potential with multiple income-producing units in a peaceful, up-and-coming neighborhood. Currently operating as a successful rental property, creating positive cash flow and making this an attractive opportunity for investors or owner-occupants seeking to offset ownership costs. The property features a detached studio, off-street parking, a welcoming front yard, a covered back porch, and a spacious backyard with room for recreation, gardening, or future improvements. A storage shed with a loft provides valuable additional storage and workspace. Conveniently located near local amenities, walking trails, playgrounds, and recreational opportunities, this versatile property combines a desirable location with proven rental performance. With established income streams, owner financing available with a strong down payment, this is a rare opportunity to acquire a turnkey, cash-flowing property in a growing area. **Tenant Occupied**
Getting Around
Somewhat Walkable
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1936
Materials
- Foundation: Other
- Roof: Shingle
- Construction materials: Wood Siding
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Laundry features: Other
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Dining Room
- Features: Other
Features
- Flooring: Other
Heating & Cooling
- Heating features: Central,Wall Furnace
- Cooling features: Central Air
Interior Area
- Total structure area: 0
- Total interior livable area: 580 sqft
Kitchen
- Features: Other Counter
Property
Details
- Parcel number: 029240008000
- Zoning: NG-2 GV City
- Special condition: Offer As Is
Lot
- Lot size: 3,920 sqft
- Features: Other
Parking
- Parking features: Other
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Inland Flooding
- Wildfire
- Earthquake
- Lightning
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters in Nevada County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,714 | $20,568 |
| Home Insurance * | $152 | $1,824 |
| Property Taxes | $344 | $4,128 |
| Electricity | $398 | $4,786 |
| Total | $2,608 | $31,296 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-18 | Listed for sale | $339,000 |
| 2022-03-23 | Sold | $285,000 |
| 2022-03-07 | Pending sale | $289,000 |
| 2022-03-07 | Listed for sale | $289,000 |
| 2022-03-07 | Pending sale | $289,000 |
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