$480,000
$15K PRICE DROP

Estimated payment $2,657/month

Total Views 16,629
4 Beds
3 Baths
1,620 Sq Ft
$296 Price per Sq Ft

Highlights

  • Corner Lot
  • Fenced Yard
  • Bungalow
  • No HOA
  • Tankless Water Heater
  • Tile Flooring

About This Home

ENTRY LEVEL first time investment opportunity with a positive cash flow. Fully occupied, low maintenance triplex, two units have 1br/1ba and one unit has 2br/1ba. OWNER FINANCING AVAILABLE TO QUALIFIED BUYER!!

Listing Agent

Lucille Olivas

Realty ONE Group Zoom License #01251803 Listed on: 06/19/2024

Realty ONE Group Zoom

Co-Listing Agent

Robin Luna-Gonzalez

Realty ONE Group Zoom License #01409761

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,200

Year Built

  • Built in 1948 | Remodeled

Lot Details

  • 5,624 Sq Ft Lot
  • Dog Run
  • Fenced Yard
  • Corner Lot

Home Design

  • Triplex
  • Bungalow
  • Raised Foundation
  • Slab Foundation
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,620 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Washer and Dryer Hookup

Kitchen

  • Free-Standing Gas Oven
  • Free-Standing Electric Range

Flooring

  • Linoleum
  • Tile

Home Security

  • Window Bars With Quick Release
  • Window Bars
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Parking Spaces
  • On-Street Parking
  • Uncovered Parking
  • Off-Street Parking

Utilities

  • Central Heating and Cooling System
  • Window Unit Cooling System
  • Heat Pump System
  • 220 Volts
  • Tankless Water Heater
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 117-232-11

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Units Leased Month-To-Month
  • Net Lease
  • Insurance Expense $1,260
  • Maintenance Expense $1,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,200

Year Built

Built in 1948 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Subtype Description: Apartments
  • Property Subtype 1: Triplex
  • Year Built: 1948
  • Architectural Style: Bungalow
  • Stories: 1
  • Number of One Bedroom Units: 2
  • Number of Two Bedroom Units: 1
  • Number Of1 Bedrooms Occupied: 2
  • Number Of2 Bedrooms Occupied: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Gas Oven, Tankless Water Heater, Electric Water Heater, Varies By Unit, Free Standing Electric Range
  • Flooring: Tile, Linoleum
  • Price Per Square Foot: 296.30
  • Square Footage: 1620.00

Exterior Features

  • Construction Materials: Concrete
  • Exterior Features: Dog Run, Fenced Yard
  • Foundation: Raised, Slab
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 480000.00
  • Lot Features: Corner
  • New Construction: No
  • Pool: No
  • Property Condition: Updated/Remodeled
  • Roof: Composition
  • Spa: No
  • Topography: Level,Level

Garage/Parking

  • Parking Features: Off Street, Street, Uncovered, Varies by Unit
  • Total Parking Spaces: 2.00

Utilities

  • Security: Carbon Mon Detector, Double Strapped Water Heater, Smoke Detector, Window Bars w/Quick Release, Window Security Bars, Varies By Unit
  • Sewer: In & Connected, Public Sewer
  • Utilities: Cable Available, Dish Antenna, Electric
  • Cooling: Ceiling Fan(s), Central, Window Unit(s), Varies by Unit
  • Electric: 220 Volts
  • Heating: Central, Heat Pump, Varies by Unit
  • Laundry Features: Varies by Unit, Other, Washer/Dryer Hookups
  • Water Source: Meter on Site, Public
  • Utilities Expenses: 3000

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: Stockton Unified

Lot Info

  • Zoning: Residential
  • Irrigation: Public District
  • Lot Size Acres: 0.1291
  • Lot Size Sq Ft: 5624.00

Rental Info

  • Lease Type: Net

Multi Family

  • Gross Income: 39600
  • Income Includes: ["Rent Only"]
  • Total Number Leasable: 3
  • Insurance Expense: 1260
  • Maintenance Expense: 1200
  • Number of Leased Units: 3
  • Number of Month to Month Units: 3
  • Number of Units: 3
  • One Bedroom Annual Occupancy: 100
  • 1 Bedroom Rent Range: 1,100
  • Two Bedroom Rent Range: 1,305

Tax Info

  • Assessor Parcel Number: 117-232-11
  • Current RE Taxes: 1200
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): San Joaquin

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,221 $93,758 $36,061 $57,697
2023 $1,194 $91,920 $35,354 $56,566
2022 $1,154 $90,118 $34,661 $55,457
2021 $1,109 $88,352 $33,982 $54,370
2020 $1,130 $87,447 $33,634 $53,813
2019 $989 $75,000 $25,000 $50,000
2018 $990 $75,000 $25,000 $50,000
2017 $957 $75,000 $25,000 $50,000
2016 $674 $50,000 $20,000 $30,000
2014 $474 $35,000 $8,000 $27,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2025 05/15/25 Price Changed $480,000 -3.0% $296 / Sq Ft
06/19/2024 06/19/24 For Sale $495,000 -- $306 / Sq Ft
Source: MetroList

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Central Valley Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $130,000 Unknown
Closed $83,500 Unknown
Closed $72,000 Unknown
Closed $40,000 No Value Available
Source: Public Records

Source: MetroList

MLS Number: 224066680

MetroList

APN: 117-232-11