NOT LISTED FOR SALE

1932 Pleasant Ave Ceres, CA 95307

8 Beds
4 Baths
2,800 Sq Ft
0.74 Acres

Last Sold May 07, 2021

Last sale price $1,190,000 $425 Per Sq Ft

44 Days on Market

About This Home

As of May 2021

Amazing Investment Opportunity in Ceres. This 11-unit apartment complex is 100% occupied and features 2 bedrooms, 1 bath per unit. Each unit is approximately 700 sf. Amenities vary by unit, but mainly consist of laminate kitchen counters, freestanding gas stove/range, wall furnaces, laminate or vinyl flooring. Eight of the units have updated kitchens since 2012. Five units have updated flooring since 2016. Asphalt parking lot and carport roofs replaced in 2019. Roofs are double roofs and are approximately 20 years old. Sellers will be doing a 1031 exchange at no cost to Buyers.

Last Agent to Sell the Property

Renee Ledbetter

EXIT Realty Consultants License #01488931 Listed on: 02/01/2021

EXIT Realty Consultants

Co-Listed By

Jordan Ledbetter

EXIT Realty Consultants License #02051842

Last Buyer's Agent

Renee Ledbetter

EXIT Realty Consultants License #01488931 Listed on: 02/01/2021

EXIT Realty Consultants

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 0.74

Home Design

  • Slab Foundation
  • Composition Roof

Parking

  • 22 Parking Spaces
  • 11 Carport Spaces

Utilities

  • No Cooling
  • Wall Furnace
  • 220 Volts

Additional Features

  • 1-Story Property
  • 0.74 Acre Lot

Listing and Financial Details

  • Tenant pays for electricity gas
  • Assessor Parcel Number 127-029-037-000

Community Details

Overview

  • No Home Owners Association
  • 4 Buildings
  • 11 Units

Building Details

  • 11 Leased Units
  • Insurance Expense $3,000
  • Maintenance Expense $4,000
  • Professional Management Expense $1,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: Apartments
  • Property Subtype 1: 5 or More Units
  • Year Built: 1964
  • Architectural Style: Ranch,Cottage
  • Levels: One
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Gas Oven,Free Standing Gas Range
  • Flooring: Varies by Unit

Exterior Features

  • Construction Materials: Stucco,Frame,Wood
  • Disclosures/Documents: Preliminary Title Report,Natural Hazard Disclosure Available
  • Foundation: Slab
  • Frontage Type: Varies by Unit
  • Listing Price: 1350000.00
  • Lot Features: Shape Regular
  • Property Condition: Varies by Unit
  • Roof: Composition
  • View Description: Varies by Unit

Garage/Parking

  • Carport Spaces: 11
  • Parking Features: Carport,Uncovered
  • Total Parking Spaces: 22

Utilities

  • Security: Carbon Mon Detector,Double Strapped Water Heater,Smoke Detector
  • Sewer: In & Connected
  • Utilities: Natural Gas Connected,City
  • Cooling: None
  • Electric: 220 Volts
  • Heating: Wall Furnace
  • Laundry Features: Other
  • Water Source: Public
  • Separate Meters: Electricity,Gas

Condo/Co-op/Association

  • Association: No
  • Floors: 1

Schools

  • Senior High School District: Ceres Unified

Lot Info

  • Zoning Description: MULTI-FAMILY
  • Irrigation: None
  • Lot Size Acres: 0.7356
  • Lot Size Sq Ft: 32043

Rental Info

  • Tenant Pays: Electricity,Gas
  • Total # Leasable: 11

Multi Family

  • Gross Income: 103128
  • Income Includes: Rent Only
  • Insurance Expense: 3000
  • Maintenance Expense: 4000
  • Number of Leased Units: 11
  • Number of Units: 11

Tax Info

  • Assessor Parcel Number: 127-029-037-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Stanislaus

Range of Values:

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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
05/07/2021 05/07/21 Sold $1,190,000 -11.9% $425 / Sq Ft
03/17/2021 03/17/21 Pending -- -- --
02/01/2021 02/01/21 For Sale $1,350,000 -- $482 / Sq Ft
Source: MetroList

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Renee Ledbetter

    Seller's Agent in 2021

    Renee Ledbetter

    EXIT Realty Consultants

    (209) 800-3948

    66 Total Sales

    Renee Ledbetter
    Section Image
  • Jordan Ledbetter

    Seller Co-Listing Agent in 2021

    Jordan Ledbetter

    EXIT Realty Consultants

    (209) 554-5252

    36 Total Sales

    Section Image
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Map

Source: MetroList

MLS Number: 20082825

MetroList

California Stanislaus County Ceres 95307

1932 Pleasant Ave, Ceres, CA

This home is located at 1932 Pleasant Ave, Ceres, CA 95307 since 01 February 2021. This property was built in 1964. 1932 Pleasant Ave is a home located in Stanislaus County with nearby schools including Don Pedro Elementary School, Blaker-Kinser Junior High School, and Central Valley High 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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