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6023 Pony Express Trl, Pollock Pines, CA 957 6023 Pony Express Trl

2 Unit Apartment Building $634,689 CAD ($317,345 CAD/Unit) 7.60% Cap Rate Pollock Pines, CA 95726

INVESTMENT HIGHLIGHTS

  • Frontage road is great for a commercial business
  • Can be set up as a multi-room business and was once a chiropractic office

EXECUTIVE SUMMARY

This commercially zoned property in Pollock Pines offers endless potential. Currently a duplex with an upper tenant who would love to stay, it was originally a chiropractic office before being converted into a two-unit property. Use it as a live-work space, keep it as a duplex, or turn it into a spacious single-family home. The downstairs unit features approximately 1,000 sq. ft. with a full kitchen, two bathrooms (one with a tub and shower), and three bedrooms or offices. Upstairs offers 440 sq. ft. with a kitchen, full bathroom, living room, and space for an additional bedroom, plus a private patio over the garage. The 0.39-acre lot includes a fenced backyard, a one-car attached garage for the downstairs unit, a carport for the upstairs unit, and plenty of paved parking. Conveniently located within walking distance of shopping, dining, and public transportation, it is just minutes from HWY 50 and under 10 minutes to Jenkinson/Sly Park Recreation Area and Forebay Lake. Perfect for investors, homeowners, or business owners, this property is a rare opportunity.

FINANCIAL SUMMARY (PRO FORMA - 2024) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (PRO FORMA - 2024) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $634,689 CAD
Price Per Unit $317,345 CAD
Sale Type Investment
Cap Rate 7.60%
Sale Condition 1031 Exchange
Gross Rent Multiplier 11.86
No. Units 2
Property Type Multifamily
Property Subtype
Apartment
  • Office Office Residential
Apartment Style Single-Family Home
Building Class C
Lot Size 0.39 AC
Building Size 1,440 SF
No. Stories 2
Year Built/Renovated 1973/2019
Parking Ratio 1.39/1,000 SF

UNIT AMENITIES

  • Air Conditioning
  • Cable Ready
  • Dishwasher
  • Ceiling Fans
  • Kitchen
  • Granite Countertops
  • Refrigerator
  • Carpet
  • Yard
  • Built-In Bookshelves
  • Double Pane Windows
  • Window Coverings

SITE AMENITIES

  • Fenced Lot
  • Storage Space

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
3+2 1 $2,590 CAD 1,000
1+1 1 $1,868 CAD 440

ZONING

Zoning Code COP (Commercial)
COP (Commercial)
  • Listing ID: 34036429

  • Date on Market: 2024-11-29

  • Last Updated:

  • Address: 6023 Pony Express Trl, Pollock Pines, CA 95726

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