CA > Pollock Pines
Pollock Pines, CA 95726,5526 Gilmore RD
Pollock Pines, CA 95726,5526 Gilmore RD
Pollock Pines, CA 95726,5526 Gilmore RD
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$615,000
Est. payment /mo
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6 BD
3 BA
2,839 SqFt
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5526 Gilmore RD Pollock Pines, CA 95726

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Josh Schell

Josh Schell

+1(650) 832-3505

UPDATED:

03/13/2025 01:05 AM

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,839 sqft

Price per Sqft $216

MLS Listing ID 225029921

Bedrooms 6

Full Baths 3

HOA Y/N No

Originating Board MLS Metrolist

Year Built 1961

Lot Size 0.560 Acres

Acres 0.56

Property Sub-Type Single Family Residence

Property 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 detached garage at $1,625/month, and an ADU at $1,600/monthall 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 rateexceptional 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.

Location

State CA

County El Dorado

Area 12802

Direction Pony Express to Gilmore to house on the left.

Rooms

Guest Accommodations Yes

Living Room View

Dining Room Dining/Living Combo

Kitchen Granite Counter, Kitchen/Family Combo

Interior

Heating Central, See Remarks

Cooling Central, See Remarks

Flooring Tile

Laundry Hookups Only, Inside Area

Exterior

Parking Features Detached

Garage Spaces 2.0

Utilities Available Propane Tank Leased, Public, Electric

Roof Type Composition

Topography Forest

Private Pool No

Building

Lot Description Corner

Story 1

Foundation Concrete

Sewer See Remarks, Septic System

Water Public

Architectural Style Ranch

Schools

Elementary Schools Pollock Pines

Middle Schools Pollock Pines

High Schools El Dorado Union High

School District El Dorado

Others

Senior Community No

Tax ID 101-100-041-000

Special Listing Condition None

MetroList® Services, Inc (RESO)
Listed by eXp Realty of California, Inc.

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agent

Josh Schell

Realtor | License ID: 2206451

+1(650) 832-3505

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5526 Gilmore RD