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Apartment - Colfax, CA
?? Historic 7-Unit Mountain Retreat | Prime Investment Opportunity ??
24145 Tokayana Way, Colfax, CA 95713
Offered at $4,700,000
Welcome to a rare and charming investment gem in the heart of Colfax. Built in 1926, this 13,419 SF estate sprawls across 6.8 private wooded acres and includes 7 income-producing units, offering a blend of historic elegance and modern rental appeal.
??? 15 Bedrooms | 10 Bathrooms
??? 6 Custom Cottages + 1 Main House
?? Building SF: 13,419 | Land SF: 296,208 (6.8 acres)
?? Price/Unit: $671,429 | Price/SF: $350.25
?? Year Built: 1926 | APN: 100-140-037-000
?? Property Highlights:
Unique 7-unit compound consisting of six beautifully updated cottages and one large historic main home.
Each cottage includes spacious kitchens, private decks, and picturesque pine views, with hardwood or new flooring.
The main residence operates as a successful vacation rental (Airbnb), offering im...
The main residence operates as a successful vacation rental (Airbnb), offering immediate income potential.
Serene forest setting with towering pines, yet just minutes to downtown Colfax and the Amtrak station.
Walkable to dining, shopping, parks, library, and more—offering the best of seclusion and convenience.
?? Investment Snapshot:
Strong income-producing potential with multiple rental configurations.
Desirable area demographics:
• 2025 1-Mile Median Income: $95,548
• 2025 5-Mile Population: 14,084
• 2025 Avg HH Income (1-5 mile): $116K–$127K+
This is a rare opportunity to own a one-of-a-kind multi-unit estate with historical charm, passive income, and room to grow—all nestled in a scenic mountain-town setting.
Copyright © 2025 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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