NOT LISTED FOR SALE

446 Church Ave Oakdale, CA 95361

2 Beds
1 Bath
780 Sq Ft
16,553 Sq Ft Lot

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

0.38 Acres

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
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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

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
2025 $13,890 $1,244,400 $189,720 $1,054,680
2024 $13,172 $1,220,000 $186,000 $1,034,000
2023 $4,065 $377,138 $110,373 $266,765
2022 $3,996 $369,744 $108,209 $261,535
2021 $3,930 $362,495 $106,088 $256,407
2020 $3,887 $358,779 $105,001 $253,778
2019 $3,828 $351,745 $102,943 $248,802
2018 $3,775 $344,849 $100,925 $243,924
2017 $3,710 $338,089 $98,947 $239,142
2016 $3,645 $331,460 $97,007 $234,453
2015 $3,599 $326,482 $95,550 $230,932
2014 $3,567 $320,088 $93,679 $226,409
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 223048687

MetroList
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