Address
131 Imperial Avenue Modesto, CA
Price
$ 649,990
Property Attributes
  • ML#20051886
  • TypePending
  • CountySTANISLAUS
  • CityModesto
  • Zip95358
  • Style
  • Price$ 649,990
  • Bedrooms4
  • Full Bathrooms4
  • Half Bathrooms0
  • Lot Size0.41 Acres
Listing Provided Courtesy Of:
Ricardo Gil Jr CalBRE# - 01800755 with Gil's Real Estate
Property Description

8 unit apartment building collecting around $7k in gross rents and over 8% cap rate. Large front courtyard. One building holds six one bedroom, one bathroom units, built in 1946, and the second building is two three bedroom, one bathroom units, built around 2008. Owner pays water, garbage, and sewer. Close to shopping, elementary/junior high school and CA-99. See attached rent roll for more information.

Elementary School Middle School High School
Modesto City Elementary School Modesto City Middle School Modesto City High School
Price History
9/1/2020 Listed $649,990

General Features

Air Varies by Unit
Amenities Yard Space
Apn 056-048-024
Area 20106
Cc&rs No
Census Tract 0.00
Construction Wood
Energy Features Ceiling Fan(s)
HOA MetroList Services, Inc.
HOA No
Parking Open
Property Description 8 unit apartment building collecting around $7k in gross rents and over 8% cap rate. Large front courtyard. One building holds six one bedroom, one bathroom units, built in 1946
Property Subtype 5 or More Units
School County Stanislaus
Stories 1
Total # Leasable 8
Total Number Indiv Units 8
Year Built 1946
Zoning Multifamily

Interior Features

# of 1 Bedroom Units 6
# of 3 Bedroom Units 2
Equipment None
Floor Covering(s) Tile
Furnished Y/N None
Heating Varies by Unit
Kitchen Appliances Varies by Unit
Unit 1 Apx Sq Ft 500
Unit 2 Apx Sq Ft 500
Unit 3 Apx Sq Ft 500
Unit 4 Apx Sq Ft 500
Unit 4 Full Baths 1

Exterior Features

Unit 1 Bedrooms 1
Unit 1 Full Baths 1
Unit 1 Rent 575
Unit 2 Bedrooms 1
Unit 2 Full Baths 1
Unit 2 Rent 850
Unit 3 Bedrooms 1
Unit 3 Full Baths 1
Unit 3 Rent 850
Unit 4 Bedrooms 1
Unit 4 Rent 850
Acres 0.4093
Exterior Other-Rmks
Roof Description Comp Shingle
Total # Of Bldgs 2

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 95358

Price
AVG $400K
$650K
Visits
AVG 18
14
Year Built
AVG 1979
1946

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