NOT LISTED FOR SALE
7 Beds
4 Baths
3,200 Sq Ft
-- Built

Last Sold December 22, 2021

Last sale price $1,150,000 $359 Per Sq Ft

10 Days on Market

About This Home

As of December 2021

Beautiful 8 unit apartments with a house on 1 APN total of 9 units. The owners have keep this place up very nicely.16 parking spaces of various kinds Pictures are current as of date on market. Tenants have been there 3 years and are month to month. Grand opportunity here for the right buyer. Please do not go to property and knock on tenants door.

Last Agent to Sell the Property

Garrett Smith

Realty ONE Group Zoom License #01725468 Listed on: 10/17/2021

Realty ONE Group Zoom

Last Buyer's Agent

Non-MLS Member

Non-MLS Office

Property Details

Home Type

  • Apartment

Parking

  • 3

Home Design

  • Cottage

Property Details

Home Type

Apartment

Lot Details

0

Parking

3

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: Apartments,Sec Building,House(s)
  • Property Sub Type: 5 or More Units
  • Number of One Bedroom Units: 1
  • Number of Two Bedroom Units: 8
  • Architectural Style: Traditional
  • CapRate: 5.26
  • Directions: G St to 21 St left hand side.
  • Building Stories: 2
  • Subdivision Name: Stew Add
  • Year Built Details: Unknown
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Free Standing Gas Range, Gas Cook Top, Gas Water Heater, Dishwasher, Disposal, Electric Cook Top, Varies By Unit, See Remarks, Free Standing Electric Range
  • Flooring: Carpet, Vinyl, Linoleum
  • Number Of Buildings: 2
  • Stories: 2
  • Window Features: Dual Pane Partial

Exterior Features

  • Exterior Features: Fenced Yard, Yard Space, Play Area
  • Foundation Details: Slab
  • Property Condition: Updated/Remodeled, Varies by Unit
  • Construction Type: Stucco, Frame, Wood Siding
  • Lot Features: Landscape Front

Garage/Parking

  • Parking Features: Carport, Detached, Garage
  • Tandem Parking Spaces: 2
  • Carport Spaces: 7.00
  • Covered Parking Spaces: 10.00
  • Garage Spaces: 3.00
  • Open Parking Spaces: 6.00
  • Total Parking Spaces: 16.00

Utilities

  • Cooling: Ceiling Fan(s), Individual, See Remarks
  • Heating: Individual
  • Utilities Expenses: 7800
  • Separate Meters: Common Area Meter,Gas
  • Electric: 220 Volts
  • Laundry Features: In Common Area, Washer/Dryer Owned, Other
  • Security: Carbon Mon Detector, Double Strapped Water Heater, Security System Owned, Smoke Detector, Varies By Unit, See Remarks
  • Sewer: In & Connected, Public Sewer
  • Utilities: All Electric, Natural Gas Connected, City
  • Water Source: Meter on Site, Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Merced Union High

Lot Info

  • Zoning Description: R-3-2

Rental Info

  • Lease Deposit: 6750
  • Total # Leasable: 9
  • Lease Term: Month To Month
  • Tenant Pays: Cable TV, Rent Only, Electricity, Gas, See Remarks

Tax Info

  • Bonds/Assessments/Taxes: Unknown
  • Tax Annual Amount: 8281

Multi Family

  • One Bedrooms Occupied: 1
  • Two Bedrooms Occupied: 8
  • Other Unit(s): Detached Cottage
  • 1 Bedroom Rent Range: 695
  • Two Bedroom Rent Range: 750
  • Annual Gross Income: 80700
  • Income Includes: Rent Only
  • Insurance Expense: 6000
  • Maintenance Expense: 2400
  • Property Net Operating Income: 52619
  • Number Of Units Leased: 9
  • Number of Month to Month Units: 9
  • Number Of Units Total: 9
  • Annual Operating Expense: 28081
  • Number Of Units Furnished: None

MLS Schools

  • School District (County): Merced

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
12/22/2021 12/22/21 Sold $1,150,000 +15.0% $359 / Sq Ft
10/27/2021 10/27/21 Pending -- -- --
10/17/2021 10/17/21 For Sale $999,990 -- $312 / Sq Ft
Source: MetroList

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: MetroList

MLS Number: 221133650

MetroList

APN: 034-071-015