Description

This exceptional multi-unit property, zoned as a single-family home, offers a rare chance to own a high-yield rental in california's competitive market. located in pollock pines, just 15 minutes from fast-growing placerville, ca, this fully remodeled investment includes three income-producing units: a main residence renting for $2,500/month, a converted attached garage at $1,625/month, and an adu at $1,600/month all leased. together, they generate $5,725 monthly. each unit boasts modern, turnkey interiors designed for low upkeep and broad tenant appeal. the main home suits families or professionals, while the garage conversion and adu cater to smaller households, ensuring steady occupancy. with an annual gross income of $68,700 and a net operating income of $55,965 (before financing), it delivers a 9.1% cap rate exceptional in california, where multi-family yields typically range from 4-6%. pollock pines, in the sierra nevada foothills near jenkinson lake, attracts renters with affordability, natural beauty, and proximity to highway 50 and placerville's expanding economy. priced at $615,000, this property is a cash-flow gem with upside potential.

• Property Type

  Residential

• County

  El Dorado

• Style

  Residential

• AD ID

  48931339