$585,000 Price Analysis    ♡   Gustine, CA 95322 6 bed 3 bath 798 SqFt ($733/SqFt) 7,000SqFt lot. Built 1923 Listed 2024-03-19, Taxes $1,367 | ✓ USDA Eligible near Gustine, CA |
Discover the investment potential of 597 6th Avenue
* Sale Pending *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 esy 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.
Presented by Sarah Garcia at
Bellamia Real Estate Services.
Property MLS #ML81958078 from MLSListings
Lot Size Source: Assessor
Lot Size Square Feet: 7000
Parking Features: On Street
Calculated Total Monthly Association Fees: 0
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 1
Full Bathrooms in Unit-3: 1
Unit 1 Total Actual Rent: 1550
Unit 2 Total Actual Rent: 1400
Unit 3 Total Actual Rent: 1600
High School District: Gustine Unified
Map directions Map directions Map directions Map directionsCounty: Merced
Source Property Type: Residential Income (2-4 units)
Area: Gustine
Source Neighborhood: Gustine
Ownership Type: Individual
Parcel Number: 020-066-014-000
Postal City: GUSTINE
Zoning: R-3
Property Subtype: Multiple Dwellings / Structures
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $88,482 + $20,098 $108,580 | $1,367 |
| 2021 | $86,748 + $19,704 $106,452 | $1,349 |
| 2020 | $85,859 + $19,502 $105,361 | $1,335 |
| 2019 | $84,176 + $19,120 $103,296 | $1,313 |
| 2018 | $82,526 + $18,746 $101,272 | $1,287 |
| 2017 | $80,908 + $18,379 $99,287 | $1,310 |
| 2016 | $79,322 + $18,019 $97,341 | $1,256 |
| 2015 | $78,131 + $17,749 $95,880 | $1,183 |
| 2014 | $76,601 + $17,402 $94,003 | $1,154 |
| 2013 | $76,255 + $17,324 $93,579 | $1,154 |
| 2012 | $74,760 + $16,985 $91,745 | $1,106 |
| 2010 | $73,295 + $16,652 $89,947 | $1,109 |
| 2009 | $72,920 + $16,567 $89,487 | $1,116 |
| 2009 | $72,748 + $16,528 $89,276 | $1,116 |
| 2008 | $71,491 + $16,243 $87,734 | $1,094 |
| 2007 | $70,090 + $15,925 $86,015 | $1,077 |
$585,000
MLSListings
Listing removed 2024-04-24
$599,000
MLSListings
Listed 2024-03-19
$599,000
MLSListings
Sold 2023-05-05
$233,000
MetroList
Price Changed 2023-03-02
$305,000
MetroList
Price Changed 2023-02-01
$319,000
MetroList
Price Changed 2022-09-26
$329,000
MetroList
Listed 2022-06-22
$350,000
MetroList
Year Built: 1923
Foundation Details: Concrete Perimeter and Slab, Raised
Property Age: 101
Roof: Composition
Levels or Stories: 1
Total Area Sqft: 798
Year Built Source: Assessor
Natural Gas
Public Utilities
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.