NOT LISTED FOR SALE

6064 Pony Express Trail Pollock Pines, CA 95726

4 Beds
4 Baths
1,050 Sq Ft
1 Acres

Last Sold September 16, 2020

Last sale price $500,000 $476 Per Sq Ft

139 Days on Market

Highlights

  • No HOA
  • Cabin
  • 1-Story Property
  • Double Pane Windows

About This Home

As of September 2020

Don't miss this rare opportunity to own an established, profitable rent-generating 10-unit complex! This property used to be a motel complex, but has been converted to long-term rentals. Fully occupied, center building recently rebuilt due to fire. Good long-term tenants are eager to stay! Financials to be verified by buyer.

Last Listed By

Graeme Grant

Baker & Grant Realty License #01925552 Listed on: 02/27/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,946

Year Built

  • Built in 1954

Lot Details

  • 1

Home Design

  • Cabin
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Double Pane Windows

Additional Features

  • 1 Acre Lot
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable tv rent only
  • Assessor Parcel Number 101-201-57-100

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 10 Units

Building Details

  • 10 Leased Units
  • 10 Units Leased Month-To-Month
  • Insurance Expense $3,807
  • Operating Expense $11,000
  • Net Operating Income $42,337

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,946

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: 5 or More Units
  • Year Built: 1954
  • Architectural Style: Cabin
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Varies By Unit
  • Flooring: Varies by Unit
  • Window Features: Dual Pane Partial

Exterior Features

  • Construction Materials: Wood
  • Disclosures/Documents: Rental/Lease Agmts,None
  • Foundation: Raised,Slab
  • Listing Price: 575000.00
  • Roof: Composition

Garage/Parking

  • Parking Features: 1+ Space Per Unit

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Utilities: Cable Available
  • Cooling: Ceiling Fan(s),Evaporative Cooler,Window Unit(s),Varies by Unit
  • Heating: MultiZone,Propane,Wall Furnace,Varies by Unit
  • Utilities Expenses: 22650

Condo/Co-op/Association

  • Association Features: Separate Laundry Facility
  • Association: No

Schools

  • Senior High School District: El Dorado Union High

Lot Info

  • Zoning Description: Multi
  • Lot Size Acres: 1.0000
  • Lot Size Sq Ft: 43560

Rental Info

  • Tenant Pays: Cable TV,Rent Only
  • Total # Leasable: 10

Multi Family

  • Gross Income: 82740
  • Operating Expense: 11000
  • Income Includes: Laundry,Parking
  • Insurance Expense: 3807
  • Number of Leased Units: 10
  • Number of Month to Month Units: 10
  • Number of Units: 10
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 101-201-57-100
  • Current RE Taxes: 2946
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): El Dorado

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2020 09/16/20 Sold $500,000 -13.0% $476 / Sq Ft
07/15/2020 07/15/20 Pending -- -- --
02/27/2020 02/27/20 For Sale $575,000 -- $548 / Sq Ft
Source: MetroList

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 20011763

MetroList

APN: 101-201-57-100