NOT LISTED FOR SALE

597 6th St Gustine, CA 95322

6 Beds
3 Baths
798 Sq Ft
7,000 Sq Ft Lot

Last Sold June 14, 2024

Last sale price $573,000 $718 Per Sq Ft

51 Days on Market

About This Home

As of June 2024

Discover the investment potential of 597 6th Avenue, a multi-family property offering a blend of functionality and income opportunity. This unique listing features three homes on one lot, each with two bedrooms and one bathroom, ideally situated on a corner lot with easy alley access. Recent renovations across all units include new heaters for cozy living spaces and updated sewage systems, ensuring comfort and reliability. With all homes currently occupied under 12-month leases, this property generates a steady income of $4650 monthly Located in a vibrant community close to amenities, public transportation, and recreational spots, this property is perfect for investors seeking a turn-key solution or those looking to enter the real estate investment space.

Last Agent to Sell the Property

Sarah Garcia

Bellamia Real Estate Services License #02143587 Listed on: 03/18/2024

Last Buyer's Agent

Rigoberto Rodriguez-Torres

Remax Property Experts License #02079825

Remax Property Experts

Property Details

Home Type

  • Multi-Family

Year Built

  • 1923

Lot Details

  • 7,000

Parking

  • 1 Car Garage
  • On-Street Parking

Home Design

  • Raised Foundation
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 798 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Washer and Dryer Hookup

Additional Features

  • 7,000 Sq Ft Lot
  • Cooling System Mounted To A Wall/Window

Community Details

  • 798 Sq Ft Building
  • 3 Leased Units

Listing and Financial Details

Property Details

Home Type

Multi-Family

Year Built

1923

Lot Details

0

Parking

1

Listing Details

  • Zoning: R-3
  • Subclass: Multiple Dwellings / Structures
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 798
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1923

Interior Features

  • Living Sq Ft: 798
  • Stories: 1
  • Laundry: Hookups Only
  • Flooring: Tile

Exterior Features

  • Foundation: Concrete Perimeter And Slab, Raised
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 1
  • Garage Parking Features: On Street

Utilities

  • Cooling System: Window / Wall Unit
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Acres: 0.1607
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7000.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease
  • Number Of Leased: 3

Multi Family

  • Utilities: Natural Gas, Public Utilities
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 3
  • Operating Expenses Include: Insurance, Maintenance
  • Tenant Expenses: All Expenses

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 Prior Sale
06/14/2024 06/14/24 Sold $573,000 -2.1% $718 / Sq Ft
05/09/2024 05/09/24 Pending -- -- --
04/26/2024 04/26/24 Price Changed $585,000 0.0% $733 / Sq Ft
04/26/2024 04/26/24 For Sale $585,000 +2.1% $733 / Sq Ft
04/23/2024 04/23/24 Off Market $573,000 -- --
03/18/2024 03/18/24 For Sale $599,000 +157.1% $751 / Sq Ft
05/05/2023 05/05/23 Sold $233,000 -23.6% $292 / Sq Ft View Prior Sale
04/22/2023 04/22/23 Pending -- -- --
03/02/2023 03/02/23 Price Changed $305,000 -4.4% $382 / Sq Ft
02/01/2023 02/01/23 Price Changed $319,000 -3.0% $400 / Sq Ft
09/26/2022 09/26/22 Price Changed $329,000 -6.0% $412 / Sq Ft
06/19/2022 06/19/22 For Sale $350,000 -- $439 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81958078

MLSListings

APN: 020-066-014