Mixed-Use Property with
For Sale
$285,000
6130 Siskiyou Ave., Grenada, CA 96038
ResidentialIncome, Grenada, CA
Property Size1,200 SF
Lot Size0.34 Acres
Price / SF$237.50
Days on Market113
Property Features for 6130 Siskiyou Ave.
General Information
Property type
Commercial Sale
Property subtype
Other
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 3, Bathroom 2, Bathroom 1
Parking features
Garage, RV
Security features
Security
Window features
Vinyl Frames
Patio and Porch features
Patio
Interior features
Attic, WindowTreatments
Exterior features
GravelDriveway, Patio, SecurityLighting, Storage
Appliances
Microwave, Range, Refrigerator
Lot features
Flat
View
Mountains
Subdivision
Grenada
Standard status
Active
Size
1,200 SF
Lot size
0.34 Acres
Utilities
Utilities
Propane
Heating system
Ductless (Heating), Wood Stove, Wood, Kerosene
Cooling system
Window Unit(s)
Water source
Public
Building Details
Number of units
2
Flooring type
Laminate
Building materials
WoodSiding
Roof type
Metal
Architectural style
Other
Additional Structures
Storage
Listing Agency:
Siskiyou Realty Group
(530) 841-7174
Listed By:
Bob Cozine · License #01171543
(530) 340-1265
Added: May 18
Changed: Sep 6
Last Checked: Sep 7 at 8:06PM
MLS# 20261012
Copyright © 2026 Siskiyou Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This mixed-use property combines an updated and remodeled residence with a connected shop and garage. The home measures approximately 1,200 square feet and includes two bedrooms, while the approximately 1,800-square-foot shop provides two roll-up doors, an office area, and a half bath. A small hallway and breezeway connect the two original buildings. Interior improvements include newer vinyl windows, roof, flooring, siding, fencing, lighting, and kitchen and bath cabinetry. The residence has ductless heating and cooling, and the shop includes a wood stove and evaporative cooler. Furnishings are included, and security cameras operate inside and outside.
Set on a fenced 0.34-acre parcel at 6130 Siskiyou Ave. in Grenada, California, the property provides gravel-driveway access, a patio, garage parking, RV parking, and outdoor space for parking or storage. City Center zoning allows a wide range of commercial and multiresidential uses. Public water and propane service are present.
Set on a fenced 0.34-acre parcel at 6130 Siskiyou Ave. in Grenada, California, the property provides gravel-driveway access, a patio, garage parking, RV parking, and outdoor space for parking or storage. City Center zoning allows a wide range of commercial and multiresidential uses. Public water and propane service are present.
Key Highlights
- Approximately 1,800‑square‑foot shop/garage with 2 roll‑up doors, office area, and half bath
- Approximately 1,200‑square‑foot updated 2bd/2 bath home
- 0.34‑acre fenced parcel with outdoor parking or storage area
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$11,600
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.07%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$232,000
$232.0K
Cap Rate 7%
$165,714
$165.7K
Cap Rate 9%
$128,889
$128.9K
Market Conditions
NOI Build-Up for 1,200 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$19.4K $16.20/SF
− Vacancy
−$1.6K −$1.33/SF
EGI
$17.8K $14.87/SF
− OpEx
−$6.2K −$5.21/SF
NOI
$11.6K $9.67/SF
Area
Siskiyou County, CA
Vacancy
8.20%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$232,000
Cap Rate 7%
$165,714
Cap Rate 9%
$128,889
Alternative Uses
Best Use
Flex RnD
$165.7K
$145.0K – $193.3K
NOI $11,600 @ 7.0% cap · market cap 4.07%
Second Best
Apartment 5plus
$140.5K
$122.9K – $163.9K
NOI $9,833 @ 7.0% cap · market cap 3.45%
Theoretical Best
Office A
$353.0K
$308.9K – $411.8K
NOI $24,710 @ 7.0% cap · market cap 8.67%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Drive-in doors
1
Residential units
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
22
Businesses Nearby
Explore this area
Business Placement
Demographics for 96038, CA
586
Population
254
Households
2.3
Avg Household Size
46
Median Age
20%
College-Educated
95%
High-School Grad
18.3 sq mi
ZIP Area
32
Density / Sq Mi
$58,787
Median Household Income
$25,677
Median Earnings
$941
Median Rent
$329,300
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Updated residence paired with a connected shop, fenced outdoor area, and City Center zoning supporting commercial and multiresidential uses.
Where is this mixed-use property located?
The property is located at 6130 Siskiyou Ave. Grenada, CA.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: Approximately 1,800‑square‑foot shop/garage with 2 roll‑up doors, office area, and half bath; Approximately 1,200‑square‑foot updated 2bd/2 bath home; 0.34‑acre fenced parcel with outdoor parking or storage area
