NOT LISTED FOR SALE

446 Church Ave Oakdale, CA 95361

2 Beds
1 Bath
780 Sq Ft
0.38 Acres

Last Sold July 03, 2023

Last sale price $1,220,000 $1,564 Per Sq Ft

8 Days on Market

Highlights

  • 0.38 Acre Lot
  • Laundry Facilities
  • 1-Story Property
  • No HOA
  • Carpet

About This Home

As of July 2023

Introducing Park Place Apartments, an 8-unit multifamily property located in Oakdale, California. This investment opportunity offers a mix of highly sought-after 2-bedroom, 1-bath units, each approximately 780 square feet in size. With strong existing rental income, Park Place Apartments presents a compelling proposition for investors seeking stable returns. Positioned in a supply-restricted market, Oakdale is known for its limited inventory of multifamily properties, making Park Place Apartments a rare find. The property's solid unit mix and desirable location offer the potential for a 10-15% upside under new ownership. Park Place Apartments provides essential amenities for tenants, including an on-site laundry facility, individual yards and ample parking. These features enhance the property's appeal and convenience, contributing to tenant satisfaction and retention.

Last Agent to Sell the Property

Jacob Friedrich

Cosol Commercial Real Estate License #02017662 Listed on: 05/30/2023

Last Buyer's Agent

Jeff Titus

PMZ Real Estate License #01376376

PMZ Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1966

Lot Details

  • 0.38

Home Design

  • Raised Foundation
  • Slab Foundation
  • Frame Construction
  • Stucco

Flooring

  • Carpet
  • Linoleum
  • Laminate

Parking

  • 16 Parking Spaces
  • Carport
  • Open Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace

Additional Features

  • 1-Story Property
  • 0.38 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 130-007-049

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 8 Units

Amenities

  • Laundry Facilities

Building Details

  • 8 Leased Units
  • 5 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: Apartments
  • Property Subtype 1: 5 or More Units
  • Stories: 1
  • Year Built: 1966
  • Stories: 1
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Laminate, Linoleum
  • Price Per Square Foot: 195.51

Exterior Features

  • Construction Materials: Stucco, Frame
  • Foundation: Raised, Slab
  • Listing Price: 1275000.00
  • Lot Features: Curbs/Gutters

Garage/Parking

  • Parking Features: Open, Carport
  • Total Parking Spaces: 16.00

Utilities

  • Security: None
  • Sewer: Public Sewer
  • Utilities: City
  • Cooling: Wall Unit(s)
  • Heating: Wall Furnace
  • Laundry Features: In Common Area
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Oakdale Joint

Lot Info

  • Zoning Description: R2
  • Irrigation: None
  • Lot Size Acres: 0.3800
  • Lot Size Sq Ft: 16553.00

Rental Info

  • Total # Leasable: 8

Multi Family

  • Income Includes: Rent Only,Laundry
  • Number of Leased Units: 8
  • Number of Month to Month Units: 5
  • Number of Units: 8

Tax Info

  • Assessor Parcel Number: 130-007-049
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Stanislaus

Range of Values:

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Average Value
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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 List to Sale Price per Sq Ft
07/03/2023 07/03/23 Sold $1,220,000 -4.3% $1,564 / Sq Ft
06/07/2023 06/07/23 Pending -- -- --
05/30/2023 05/30/23 For Sale $1,275,000 -- $1,635 / Sq Ft
Source: MetroList

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jacob Friedrich

    Seller's Agent in 2023

    Jacob Friedrich

    Cosol Commercial Real Estate

    (209) 521-1591

    2 in this area

    16 Total Sales

    Jacob Friedrich
    Section Image
  • Jeff Titus

    Buyer's Agent in 2023

    Jeff Titus

    PMZ Real Estate

    (209) 988-3335

    20 in this area

    63 Total Sales

    Jeff Titus
    Section Image
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Map

Source: MetroList

MLS Number: 223048687

MetroList
California Stanislaus County Oakdale 95361

446 Church Ave, Oakdale, CA

Not Listed for Sale

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