$1,800,000 Price Analysis   ♡   Vernalis, CA 95385 0 bed None bath 11,973 SqFt ($150/SqFt) 3.4 acre lot. Listed 2021-07-03, Taxes $4,032 | May be USDA loan restricted due to income limits near Vernalis |
Wel come to this 12-unit apartment village in San Joaquin County
California - an excellent opportunity for investors to own multiple units in a community that's close to the Bay Area. This 3.4-acre parcel offers a stress-free environment with long-term tenants paying below market rent. Not do you have the convenience of a rural location with access to urban amenities, but you also get the opportunity to invest in a property that's bound to appreciate. Residents enjoy a quiet and secluded atmosphere, with maintained buildings, open landscaping and parking areas.
Residents benefit from having space to relax and enjoy the outdoors. The septic and well system provides tenants with cost savings compared to other properties. And because of the unique location, your tenants will be able to take advantage of nearby state parks, canals, hiking trails and vinyards. This 12-unit apartment village provides a perfect balance of comfort, convenience and affordability. The convenient location in unincorporated San Joaquin County with easy access to the highway and the bay area you can enjoy all the Bay Area has to offer and still come home to this peaceful community.
Presented by George G Mac Master at
Mountain Valley Properties.
Property MLS #221078577 from MetroList
Free Standing Gas Range
Lot Dimensions Source: Acres
Lot Size Acres: 3.4
Lot Size Source: Assessor Auto-Fill
Lot Size Square Feet: 148104
Security Features: Carbon Mon Detector, Smoke Detector
Income Includes: Rent Only
Association Fee Includes: Broker, Detached Cottage, Flat
Number of Units: 12
High School District: Patterson Joint
Middle or Junior School District: Patterson Joint
Map directions Map directionsCity Region: Vernalis
Source Listing Status: Active
County: Stanislaus
Cross Street: S. River
Cap Rate: 6.25
Directions: From Interstate 5
Disclaimer: All measurements and calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Copyright 2024, MetroList Services, Inc. Any offer of compensation in the real estate content on this site is made exclusively to Broker Participants of the MetroList MLS & Broker Participants of any
Other Expense: 3300
Source Property Type: Residential Income
Insurance Expense: 3900
Area: 20113
Source Neighborhood: 20113
Parcel Number: 016-009-009-000
Zoning Description: Ag
Property Subtype: 5 or More Units
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2023 | $185,270 + $49,282 $234,552 | $4,032 |
| 2022 | $181,638 + $48,316 $229,954 | $3,814 |
| 2021 | $178,077 + $47,369 $225,446 | $3,675 |
| 2020 | $176,252 + $46,884 $223,136 | $3,664 |
| 2019 | $172,797 + $45,965 $218,762 | $3,610 |
| 2018 | $169,409 + $45,064 $214,473 | $3,472 |
| 2017 | $166,088 + $44,181 $210,269 | $3,397 |
| 2016 | $162,832 + $43,315 $206,147 | $3,322 |
| 2015 | $160,387 + $42,665 $203,052 | $3,123 |
| 2014 | $157,246 + $41,830 $199,076 | $3,036 |
| 2013 | $156,536 + $41,641 $198,177 | $3,089 |
| 2012 | $153,467 + $40,825 $194,292 | $3,046 |
| 2010 | $150,458 + $40,025 $190,483 | $2,930 |
| 2009 | $149,688 + $39,820 $189,508 | $2,894 |
| 2008 | $146,753 + $39,040 $185,793 | $2,799 |
| 2007 | $143,876 + $38,275 $182,151 | $2,704 |
$1,800,000
MetroList
Listing removed 2024-07-25
$0
MetroList
Relisted 2023-07-21
$1,800,000
MetroList
Listing removed 2023-07-20
$0
MetroList
Relisted 2023-06-11
$1,800,000
MetroList
Listing removed 2023-06-10
$0
MetroList
Relisted 2022-10-02
$1,800,000
MetroList
Listing removed 2022-10-01
$0
MetroList
Relisted 2022-08-13
$1,800,000
MetroList
Listing removed 2022-08-12
$0
MetroList
Relisted 2021-11-29
$1,800,000
MetroList
Relisted 2021-11-29
$1,800,000
MetroList
Listing removed 2021-11-28
$1,800,000
MetroList
Listing removed 2021-11-28
$1,800,000
MetroList
Listed 2021-07-19
$1,800,000
MetroList
Listed 2021-07-03
$1,800,000
MetroList
Construction Materials: Wood
Foundation Details: Raised
Living Area Source: Assessor Auto-Fill
Structure Type: House(s)
House Style: Cottage, Farmhouse
Architectural Style: Cottage, Farmhouse
Natural Gas Connected
Electric
Water Source: Well
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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.