NOT LISTED FOR SALE

603 2nd Ave Gustine, CA 95322

6 Beds
3 Baths
2,268 Sq Ft
10,019 Sq Ft Lot

Last Sold July 10, 2015

Last sale price $229,500 $101 Per Sq Ft

72 Days on Market

Highlights

  • No HOA
  • Cottage
  • 1-Story Property

About This Home

As of July 2015

GREAT INVESTMENT PROPERTY. THREE COZY BUNGALOW UNITS, EACH WITH THEIR OWN LAUNDRY ACCESS. ALL UNITS ARE RENTED. ALL UNITS HAVE SEPARATE UTILITIES AND MAILING ADDRESSES. 2 OF THE UNITS HAVE INDOOR LAUNDRY AND 1 HAS LAUNDRY IN THE STORAGE UNIT IN BACK. WALKING DISTANCE TO BANKS SHOPPING AND SCHOOLS. LOVELY PARK AND LIBRARY ACROSS THE STREET.

Last Agent to Sell the Property

Phyllis Gabelhaus

PMZ Real Estate License #01081818 Listed on: 04/13/2015

PMZ Real Estate

Last Buyer's Agent

Lisette Muniz

CSR Real Estate Services License #01449010

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $841

Year Built

  • Built in 1920

Lot Details

  • 10,019 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Cottage
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Free-Standing Electric Range
  • Washer and Dryer Hookup

Utilities

  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $1,300
  • Tenant pays for cable tv electricity gas maintenance sewer trash collection water
  • Assessor Parcel Number 020-017-014-000

Community Details

Overview

  • No Home Owners Association
  • 4 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • 2 Units Leased Month-To-Month
  • Oral Lease Type
  • Insurance Expense $2,040
  • Operating Expense $11,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$841

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Triplex
  • Year Built: 1920
  • Architectural Style: Cottage/Bungalow
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Electric Range
  • Flooring: Carpet,Laminate,Tile,Varies by Unit,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Stone,Wood
  • Disclosures/Documents: CC&Rs,Natural Hazard Disclosure Available
  • Listing Price: 239500.00
  • Roof: Composition

Garage/Parking

  • Parking Features: Street

Utilities

  • Utilities: Cable Available
  • Cooling: Ceiling Fan(s),Window Unit(s)
  • Heating: Natural Gas

Condo/Co-op/Association

  • Association Features: Laundry Hook-Up in Units
  • Association: No

Schools

  • Senior High School District: Gustine Unified

Lot Info

  • Zoning Description: MULTI Family Dweling
  • Lot Size Acres: 0.2300
  • Lot Size Sq Ft: 10019

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas,Maintenance,Sewer,Trash Collection,Water
  • Total Deposit: 1300
  • Total # Leasable: 3

Multi Family

  • Operating Expense: 11000
  • Income Includes: Rent Only
  • Existing Lease Type: Oral
  • Insurance Expense: 2040
  • Number of Leased Units: 3
  • Number of Month to Month Units: 2
  • Number of Units: 3
  • Units Furnished: None
  • Gross Income Multiplier: 10.790

Tax Info

  • Assessor Parcel Number: 020-017-014-000
  • Current RE Taxes: 841

MLS Schools

  • School District (County): Merced

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
07/10/2015 07/10/15 Sold $229,500 -4.2% $101 / Sq Ft
06/22/2015 06/22/15 Pending -- -- --
04/11/2015 04/11/15 For Sale $239,500 -- $106 / Sq Ft
Source: MetroList

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Phyllis Gabelhaus

    Seller's Agent in 2015

    Phyllis Gabelhaus

    PMZ Real Estate

    (209) 204-2127

    7 Total Sales

    Phyllis Gabelhaus
    Section Image

  • L

    Buyer's Agent in 2015

    Lisette Muniz

    CSR Real Estate Services

See All Agents

Map

Source: MetroList

MLS Number: 15022809

MetroList

APN: 020-017-014

California Merced County Gustine 95322

603 2nd Ave, Gustine, CA

Not Listed for Sale

MultiFamily

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