Estimated payment $3,915/month
Highlights
- City Lights View
- Evaporated cooling system
- 1-Story Property
- No HOA
- Central Heating
About This Home
A great opportunity to purchase four individual 1-bedroom 1-bathroom apartments, Ideal for investors or multifamily buyers; Each unit feature functional layout, Kitchen, full bathroom, and spacious living area. Units are currently rented; Located in a desirable neighborhood, with easy access to Highway 99, public transportation, shopping and Ceres Highschool. Strong rental history and potential for long term growth.
Listing Agent
Equity Smart Real Estate Services Brokerage Phone: 209-355-9282 License #02042585 Listed on: 05/07/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,243
Year Built
- Built in 1951
Lot Details
- 6,250 Sq Ft Lot
- Two or More Common Walls
- Density is up to 1 Unit/Acre
Home Design
- Quadruplex
- Raised Foundation
- Shingle Roof
Interior Spaces
- 2,422 Sq Ft Home
- 1-Story Property
- City Lights Views
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Bathrooms
Parking
- 4 Open Parking Spaces
- 4 Parking Spaces
Accessible Home Design
- Doors are 32 inches wide or more
Outdoor Features
- Exterior Lighting
- Rain Gutters
Utilities
- Evaporated cooling system
- Central Heating
- Natural Gas Connected
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 3 / 643
- Assessor Parcel Number 127001008000
- $833 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 4 Buildings
- 4 Units
Building Details
- 4 Leased Units
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 4 Separate Water Meters
- Insurance Expense $2,000
- Trash Expense $600
- Operating Expense $2,600
- Gross Income $51,840
- Net Operating Income $43,797
Map
Home Values in the Area
Average Home Value in this Area
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 | $6,243 | $541,007 | $76,989 | $464,018 |
| 2023 | $6,067 | $530,400 | $75,480 | $454,920 |
| 2022 | $3,988 | $339,885 | $58,970 | $280,915 |
| 2021 | $3,953 | $333,221 | $57,814 | $275,407 |
| 2020 | $3,836 | $329,806 | $57,222 | $272,584 |
| 2019 | $3,811 | $323,340 | $56,100 | $267,240 |
| 2018 | $3,738 | $317,000 | $55,000 | $262,000 |
| 2017 | $1,756 | $138,679 | $29,618 | $109,061 |
| 2016 | $1,727 | $135,961 | $29,038 | $106,923 |
| 2015 | $1,692 | $133,919 | $28,602 | $105,317 |
| 2014 | -- | $131,296 | $28,042 | $103,254 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/07/2025 05/07/25 | For Sale | $620,000 | -- | $256 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $520,000 | Old Republic Title | |
| Grant Deed | $317,000 | Cypress Title Corporation | |
| Grant Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $40,000 | None Available | |
| Grant Deed | $123,000 | First American Title Company | |
| Trustee Deed | $169,915 | Landsafe Title | |
| Grant Deed | $440,000 | Financial Title Company | |
| Interfamily Deed Transfer | -- | Financial Title Company | |
| Grant Deed | $355,000 | Fidelity National Title | |
| Interfamily Deed Transfer | -- | Fidelity National Title Co | |
| Grant Deed | $150,000 | Fidelity National Title Co | |
| Grant Deed | $123,000 | Fidelity National Title | |
| Trustee Deed | $102,000 | First American Title Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $442,000 | New Conventional | |
| Previous Owner | $290,292 | FHA | |
| Previous Owner | $92,250 | Commercial | |
| Previous Owner | $308,000 | Negative Amortization | |
| Previous Owner | $266,250 | Commercial | |
| Previous Owner | $163,500 | Commercial | |
| Previous Owner | $120,000 | Commercial | |
| Previous Owner | $98,400 | Commercial | |
| Closed | $6,100 | No Value Available | |
| Closed | $15,000 | No Value Available |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: MC25101915
APN: 127-01-08
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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