NOT LISTED FOR SALE

127 N Locust Ave Ripon, CA 95366

7 Beds
4 Baths
3,052 Sq Ft
0.32 Acres

Last Sold April 23, 2018

Last sale price $1,348,000 $442 Per Sq Ft

11 Days on Market

About This Home

As of April 2018

Rare opportunity to acquire San Joaquin County 10-unit Apartment building located in the quiet community of Ripon. Nine Units are 2/1 & One unit is 1/1. Very stable income with several long term tenants.Excellent upside potential. Several units have been updated and all units are well maintained.

Last Agent to Sell the Property

Maria Vieira-Lee

RE/MAX Executive License #01438271 Listed on: 02/13/2018

RE/MAX Executive

Last Buyer's Agent

Kelley Winget

HomeSmart PV & Associates License #01977638

HomeSmart PV & Associates

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1986

Lot Details

  • 0.32

Home Design

  • Split Level Home
  • Composition Roof

Utilities

  • Window Unit Cooling System
  • Wall Furnace

Additional Features

  • 2-Story Property
  • 0.32 Acre Lot

Listing and Financial Details

  • Tenant pays for electricity gas
  • Assessor Parcel Number 259-070-17

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 10 Units

Building Details

  • 10 Leased Units
  • 7 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: 5 or More Units
  • Year Built: 1986
  • Levels: MultiSplit
  • Stories: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher,Free Standing Electric Range
  • Other Equipment: None
  • Flooring: Carpet,Tile,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Stucco,Wood
  • Disclosures/Documents: Natural Hazard Disclosure Available,Rental/Lease Agmts
  • Listing Price: 1425000.00
  • Roof: Composition

Garage/Parking

  • Parking Features: Carport,1 Space Per Unit

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Cooling: Window Unit(s)
  • Heating: Wall Furnace

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: Ripon Unified

Lot Info

  • Zoning Description: C3 (Central Business District)
  • Lot Size Acres: 0.3214
  • Lot Size Sq Ft: 14000

Rental Info

  • Tenant Pays: Electricity,Gas
  • Total # Leasable: 10

Multi Family

  • Gross Income: 105036
  • Income Includes: Laundry
  • Number of Leased Units: 10
  • Number of Month to Month Units: 7
  • Number of Units: 10
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 259-070-17

MLS Schools

  • School District (County): San Joaquin

Range of Values:

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Average Value
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List Price
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
04/23/2018 04/23/18 Sold $1,348,000 -5.4% $442 / Sq Ft
02/23/2018 02/23/18 Pending -- -- --
02/12/2018 02/12/18 For Sale $1,425,000 -- $467 / Sq Ft
Source: MetroList

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Maria Vieira-Lee

    Seller's Agent in 2018

    Maria Vieira-Lee

    RE/MAX

    (209) 765-7585

    2 in this area

    33 Total Sales

    Maria Vieira-Lee
    Section Image
  • Kelley Winget

    Buyer's Agent in 2018

    Kelley Winget

    HomeSmart PV & Associates

    (209) 544-2500

    4 in this area

    9 Total Sales

    Kelley Winget
    Section Image
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Map

Source: MetroList

MLS Number: 18008410

MetroList

California San Joaquin County Ripon 95366

127 N Locust Ave, Ripon, CA

This home is located at 127 N Locust Ave, Ripon, CA 95366 since 13 February 2018. This property was built in 1986. 127 N Locust Ave is a home located in San Joaquin County with nearby schools including Ripon Elementary School, Weston Elementary School, and Ripona Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MetroList IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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