NOT LISTED FOR SALE

983 Elm Ave Atwater, CA 95301

8 Beds
4 Baths
3,377 Sq Ft
8,716 Sq Ft Lot

Last Sold March 13, 2020

Last sale price $375,000 $111 Per Sq Ft

5 Days on Market

Highlights

  • Property is near a park
  • Corner Lot
  • No HOA
  • Traditional Architecture
  • Lawn
  • 4-minute walk to Ralston Park

About This Home

As of March 2020

Looking for an affordable Investment Property in a Great Location? This Four-Plex is located near downtown Atwater and has easy access to Hwy 99 in either direction. These units average about 750 sq. ft. and have 2 Bedrooms / 1 Bath, living room, nook and kitchen. Each unit has separate gas and electric meters, back fenced patios, central air and heating, storage closets and covered carport. There is also a common laundry room with a washer and dryer, common side yard and extra parking for guests. Property is located a short distance from town, restaurants, grocery store, gas, shopping and nearby city park. In addition, this complex has a newer composition roof and upgraded covered carport.

Last Agent to Sell the Property

Scott A Oliver

Concierge Real Estate Services License #01335699 Listed on: 01/31/2020

Last Buyer's Agent

Scott A Oliver

Concierge Real Estate Services License #01335699 Listed on: 01/31/2020

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1971

Lot Details

  • 8,716 Sq Ft Lot
  • Two or More Common Walls
  • South Facing Home
  • Wood Fence
  • Fence is in fair condition
  • Corner Lot
  • Rectangular Lot
  • Front and Side Yard Sprinklers
  • Lawn

Home Design

  • Traditional Architecture
  • Quadruplex
  • Turnkey
  • Cosmetic Repairs Needed
  • Brick Exterior Construction
  • Raised Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,377 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Sliding Doors
  • Entryway
  • Living Room
  • Neighborhood Views

Kitchen

  • Gas Oven
  • Self-Cleaning Oven
  • Gas Range
  • Free-Standing Range
  • Range Hood
  • Formica Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • 220 Volts In Laundry

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 12 Car Garage
  • 7 Open Parking Spaces
  • 5 Attached Carport Spaces
  • Parking Storage or Cabinetry
  • Parking Available
  • Side by Side Parking
  • Level Lot
  • Driveway Up Slope From Street
  • Driveway Level
  • Parking Lot
  • Assigned Parking

Outdoor Features

  • Exterior Lighting
  • Outdoor Storage
  • Rain Gutters

Location

  • Property is near a park
  • Property is near public transit
  • Suburban Location

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan
  • Overhead Utilities
  • 220 Volts in Kitchen
  • Natural Gas Connected
  • Gas Water Heater
  • Phone Available
  • Satellite Dish
  • TV Antenna

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone
  • Legal Lot and Block 1 / 032
  • Assessor Parcel Number 003032014000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 5 Separate Electric Meters
  • 4 Separate Gas Meters
  • Insurance Expense $1,091
  • Water Sewer Expense $5,556
  • New Taxes Expense $1,733
  • Operating Expense $8,380
  • Gross Income $28,856
  • Net Operating Income $16,369

Property Details

Home Type

Multi-Family

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: LDS CC Mitchell
  • View: Yes
  • Water Sewer Expenses: 5556.00
  • Zoning: R-1 6
  • Architectural Style: Traditional
  • Property Condition: Repairs Cosmetic, Turnkey
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 003032014000
  • Year Built: 1971
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Formica Counters
  • Stories: 1
  • Entry Location: Front
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Door Features: Sliding Doors
  • Levels: One
  • Price Per Square Foot: 111.05
  • Room Type: Entry, Kitchen, Living Room
  • Window Features: Blinds

Exterior Features

  • Direction Faces: South
  • Foundation: Raised
  • Other Structures: Storage
  • Exterior Features: Rain Gutters, Satellite Dish, TV Antenna
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Fair Condition, Needs Repair, Wood
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Brick, Frame, Stucco

Garage/Parking

  • Carport Spaces: 5.00
  • Parking: Yes
  • Parking Features: Assigned, Built-In Storage, Carport, Attached Carport, Covered, Driveway, Concrete, Driveway Level, Driveway Up Slope From Street, Parking Space, Side by Side
  • Total Parking Spaces: 12.00
  • Uncovered Spaces: 7.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Self Cleaning Oven, Free-Standing Range, Gas Oven, Gas Range, Gas Water Heater, Range Hood, Refrigerator, Vented Exhaust Fan, Water Heater
  • Electric: 220 Volts in Kitchen, 220 Volts in Laundry, Electricity - On Property, Standard
  • Heating Type: Central, Forced Air, Natural Gas
  • Laundry Features: Common Area, Dryer Included, Gas & Electric Dryer Hookup, Individual Room, Inside, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains, Street Lights, Suburban

Lot Info

  • Elevation: 151 Feet
  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Front Yard, Lawn, Lot 6500-9999, Rectangular Lot, Level, Near Public Transit, Park Nearby, Sprinkler System, Sprinklers In Front, Sprinklers Manual, Sprinklers On Side, Up Slope from Street, Utilities - Overhead
  • Lot Size Sq Ft: 8716.00
  • Lot Size Acres: 0.2001

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Telephone

Multi Family

  • Average2 Bed Area: 750 Square Feet
  • Gross Income: 28856.00
  • Gross Operating Income: 28856.00
  • Gross Scheduled Income: 28614.00
  • Insurance Expense: 1091.00
  • Lot Size Area: 8716.0000 Square Feet
  • Net Operating Income: 16369.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Carpet: 4
  • Number With Patio: 4
  • Number With Range: 4
  • Number With Refrigerator: 4
  • Operating Expense: 12487.00
  • Other Income1: 242.00
  • Rent Control: No
  • Total Actual Rent: 2500.00
  • Total Expenses: 8380.00

Tax Info

  • New Taxes Expense: 1733.00
  • Tax Block: 032
  • Tax Census Tract: 7.01
  • Tax Lot: 1

Range of Values:

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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
03/13/2020 03/13/20 Sold $375,000 +15.4% $111 / Sq Ft
02/05/2020 02/05/20 Pending -- -- --
01/31/2020 01/31/20 For Sale $325,000 -- $96 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MC20021537

California Regional Multiple Listing Service (CRMLS)

APN: 003-032-014