NOT LISTED FOR SALE

6500 Jackson Ave Riverbank, CA 95367

River Cove Neighborhood
3 Beds
2 Baths
1,305 Sq Ft
1.6 Acres

Last Sold February 17, 2016

Last sale price $2,517,500 $1,929 Per Sq Ft

111 Days on Market

Highlights

  • 1.6 Acre Lot
  • No HOA
  • 1-Story Property

About This Home

As of February 2016

Profitable 37 Unit 1 and 2 BR apartment complex community in the stable neighborhood of Riverbank, CA. Offered in conjunction with an additional adjacent 32 unit Town House complex for sale. Owner points to 100% occupancy and offers an investor a turn-key community that will continue to increase in value due to the current NOI and pro forma NOI based on new ownership vision and management. Complex has a large, profitable & expandable on-site laundry. Agent is a % owner.

Last Agent to Sell the Property

Marcus Haney

Premier California Properties License #01917446 Listed on: 08/17/2015

Last Buyer's Agent

Non-MLS Member

Non-MLS Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1972

Lot Details

  • 1.6 Acre Lot

Home Design

  • Flat Roof Shape

Interior Spaces

  • 1-Story Property
  • Fire and Smoke Detector

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity gas water
  • Assessor Parcel Number 075-009-001-000

Community Details

Overview

  • No Home Owners Association
  • 8 Buildings
  • 37 Units
  • Riverbank Acreage Subdivision

Building Details

  • 37 Leased Units
  • 37 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: 5 or More Units
  • Year Built: 1972
  • Levels: 0
  • Stories: 1
  • Subdivision: Riverbank Acreage
  • Number of One Bedroom Units: 23
  • Number of Two Bedroom Units: 14
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Electric Oven,Free Standing Electric Range
  • Flooring: Carpet,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Frame,Stone,Stucco,Wood
  • Disclosures/Documents: Manager Occupies 1 Unit,Natural Hazard Disclosure Available,Rental/Lease Agmts
  • Listing Price: 2655000.00
  • Roof: Flat

Garage/Parking

  • Parking Features: Open,Street,1 Space Per Unit

Utilities

  • Security: Smoke Detector
  • Utilities: Cable Available,Internet Available,TV Antenna
  • Cooling: Wall Unit(s)
  • Heating: Wall Furnace

Condo/Co-op/Association

  • Association Features: Manager's Office,Public Trans Nearby,Separate Laundry Facility
  • Association: No

Schools

  • Senior High School District: Riverbank Unified

Lot Info

  • Zoning Description: R-3
  • Lot Size Acres: 1.6000
  • Lot Size Sq Ft: 69696

Rental Info

  • Tenant Pays: Electricity,Gas,Water
  • Total # Leasable: 37

Multi Family

  • Gross Income: 268931
  • Income Includes: Laundry
  • Number of Leased Units: 37
  • Number of Month to Month Units: 37
  • Number of Units: 37
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 075-009-001-000

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 Change Sq Ft Price
02/17/2016 02/17/16 Sold $2,517,500 -1.5% $1,929 / Sq Ft
12/05/2015 12/05/15 Pending -- -- --
08/16/2015 08/16/15 For Sale $2,555,000 -- $1,958 / Sq Ft
Source: MetroList

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Marcus Haney

    Seller's Agent in 2016

    Marcus Haney

    Premier California Properties

    (209) 353-9318

    48 Total Sales

    Marcus Haney
    Section Image

  • N

    Buyer's Agent in 2016

    Non-MLS Member

    Non-MLS Office

See All Agents

Map

Source: MetroList

MLS Number: 15052797

MetroList
California Stanislaus County Riverbank 95367 River Cove

6500 Jackson Ave, Riverbank, CA

This home is located at 6500 Jackson Ave, Riverbank, CA 95367 since 17 August 2015. This property was built in 1972. 6500 Jackson Ave is a home located in Stanislaus County with nearby schools including Cardozo Middle, Riverbank High School, and Riverbank Language Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MetroList IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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