$799,000
$51K PRICE DROP

2704 W California Ave Ruston, LA 71270

Estimated payment $4,570/month

Total Views 9,288
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Landscaped Professionally
  • Brick Veneer
  • Heating Available
  • Glen View Elementary School Rated A
  • Ceiling Fan

About This Home

Here it is... Your prime investment opportunity near LA Tech! This Turn-Key 8-Unit Multifamily property is only a few minutes from LATech & consists of three duplexes and two standalone houses, providing a diverse mix of rental options. All units have been completely updated & remodeled which will reduce immediate maintenance costs & capital expenditures. The two homes in the back have their own oasis and plenty of parking. Sewer & utilities are provided by the city, creating even easier maintenance duties. The lot is 1.66 acres,offering even more potential in the future. With such a high rental demand & strong tenant pool, the college town hype is calling your name. Make an appointment to see while the opportunity is here!

Listing Agent

Brandy Bell

Coldwell Banker Group One Realty License #995692711 Listed on: 03/19/2025

Coldwell Banker Group One Realty

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,341

Lot Details

  • 1.66 Acre Lot
  • Landscaped Professionally

Home Design

  • Brick Veneer
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • Ceiling Fan
  • Laundry in unit

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave

Parking

  • 16 Parking Spaces
  • Gravel Driveway

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available
  • Separate Meters
  • Electric Water Heater
  • Internet Available
  • Cable TV Available

Community Details

  • Insurance Expense $4,266

Listing and Financial Details

  • Assessor Parcel Number 34183000045

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,341

Lot Details

0

Listing Details

  • Class: RESIDENTIAL INCOME
  • Type: Apartments
  • Electric Companies: City of Ruston
  • Estimated Number of Acres: 1.66
  • Parish: LINCOLN
  • Price Per Sq Ft: 481325.3
  • Water Companies: City of Ruston
  • Directions: From LA Tech, turn on W Alabama. Turn left onto North Maple Street. Turn right onto West California Avenue. Property is on the right.
  • Geo Longitude: -92.669056
  • Mls Number: 213855
  • Subdivision: OTHER
  • System ID: 213855
  • Insurance Expense: 4266
  • Property Tax Parish: 2421
  • Utilities Paid By Landlord: 100/month water
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator, Electric Range/Oven, Microwave
  • Interior Amenities: Ceiling Fan(s), Cable, Wireless Internet
  • Laundry: Private

Exterior Features

  • Landscaping: Professional Landscaping
  • Exterior: Brick Veneer
  • Exterior Amenities: Hard Surface Drive, Gravel Drive
  • Foundation: Slab
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 16

Utilities

  • Cooling: Wall/Window Unit
  • Heating: Electric
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric
  • Electricity: Separate Meters

Lot Info

  • Geo Subdivision: LA
  • Lot Size: 1.66 acres
  • Parcel Number: 34183000045
  • Price Per Acre: 481325.3
  • Zoning: commercial

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 $2,341 $27,425 $4,338 $23,087
2023 $2,233 $25,121 $2,464 $22,657
2022 $2,244 $25,121 $2,464 $22,657
2021 $2,077 $25,121 $2,464 $22,657
2020 $1,963 $23,617 $2,464 $21,153
2019 $1,918 $23,617 $2,464 $21,153
2018 $1,866 $23,617 $2,464 $21,153
2017 $1,870 $23,617 $2,464 $21,153
2016 $1,863 $0 $0 $0
2015 $1,803 $20,989 $2,198 $18,791
2013 $1,916 $21,958 $2,198 $19,760
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2025 05/28/25 Price Changed $799,000 -6.0% --
03/19/2025 03/19/25 For Sale $850,000 +70.0% --
09/27/2024 09/27/24 Sold -- -- --
09/22/2024 09/22/24 For Sale $500,000 0.0% --
09/07/2024 09/07/24 Off Market -- -- --
09/07/2023 09/07/23 For Sale $500,000 -- --
Source: Northeast REALTORS® of Louisiana

Purchase History

Date Type Sale Price Title Company
Deed $665,000 None Listed On Document
Deed $400,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $552,000 New Conventional
Previous Owner $0 New Conventional
Source: Public Records

Source: Northeast REALTORS® of Louisiana

MLS Number: 213855

Northeast REALTORS® of Louisiana

APN: 2137