NOT LISTED FOR SALE
9 Beds
4 Baths
3,277 Sq Ft
0.26 Acres

Last Sold May 13, 2016

Last sale price $265,000 $81 Per Sq Ft

234 Days on Market

About This Home

As of May 2016

Opportunity Knocks! This is a great chance to purchase a unique investment property and opportunity. Situated on over 1/4 Acre with a detached SFR makes it convenient for a owner/manager to reside in his/her own home on site but separate from the additional 4 units in which he/she manages or can be simply rented out to produce more income. Each spacious unit is equipped with it's own central air conditioning unit as well as an assigned parking space on site. This property makes sense to buy!!

Last Agent to Sell the Property

Arion Jones

Arion T. Jones Real Estate, Br License #01228968 Listed on: 09/05/2015

Last Buyer's Agent

Non-MLS Member

Non-MLS Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1926

Lot Details

  • 0.26

Parking

  • 1 Car Garage

Additional Features

  • 1-Story Property
  • 0.26 Acre Lot

Listing and Financial Details

  • Tenant pays for cable tv electricity gas
  • Assessor Parcel Number 031-032-002-000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 5 Units

Building Details

  • 3 Leased Units
  • 2 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Year Built

Built in 1926

Lot Details

0

Parking

1

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: 5 or More Units
  • Year Built: 1926
  • Architectural Style: Contemporary,Spanish
  • Levels: 0
  • Stories: 1
  • Number of Two Bedroom Units: 4
  • Number of Three Bedroom Units: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher,Disposal,Free Standing Refrigerator,Self/Cont Clean Oven,Varies By Unit
  • Other Equipment: Varies by Unit
  • Flooring: Carpet,Tile,Linoleum/Vinyl
  • Window Features: Dual Pane Full,Window Coverings

Exterior Features

  • Construction Materials: Frame,Stucco
  • Disclosures/Documents: CC&Rs,Home Protection Plan,Rental/Lease Agmts,Transfer Disclosure Statement,CLUE Report Available
  • Listing Price: 275000.00
  • Patio And Porch Features: Uncovered Patio,Varies by Unit
  • Roof: Composition,Tar/Gravel

Garage/Parking

  • Open Parking Spaces: 4
  • Covered Parking Spaces: 4
  • Garage Spaces: 1
  • Parking Features: Carport,Garage,Varies by Unit,1 Space Per Unit

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Utilities: Cable Available,Cable Connected,Dish Antenna
  • Cooling: Central,MultiUnits
  • Heating: Central,MultiUnits,Natural Gas

Condo/Co-op/Association

  • Association Features: Extra Storage,Laundry Hook-Up in Units,Public Trans Nearby,Separate Laundry Facility,Yard Space,Varies By Unit
  • Association: No

Schools

  • Senior High School District: Merced Union High

Lot Info

  • Zoning Description: R-3-1.5
  • Lot Size Acres: 0.2600
  • Lot Size Sq Ft: 11326

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas
  • Total # Leasable: 5

Multi Family

  • Gross Income: 35400
  • Income Includes: Coin Operated Equipment,Laundry
  • Number of Leased Units: 3
  • Number of Month to Month Units: 2
  • Number of Units: 5
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 031-032-002-000

MLS Schools

  • School District (County): Merced

Range of Values:

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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
05/13/2016 05/13/16 Sold $265,000 -24.1% $81 / Sq Ft
04/26/2016 04/26/16 Pending -- -- --
09/05/2015 09/05/15 For Sale $349,000 -- $106 / 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: 15059038

MetroList

APN: 031-032-002