This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
434 B St
Empire, CA 95319
Residential Property For Sale · 23 Units
PROPERTY FACTS
| No. Units | 23 | Lot Size | 1.85 AC |
| Property Type | Residential | Building Size | 18,833 SF |
| Property Subtype | Apartment | Number of Floors | 1 |
| Apartment Style | Garden | Year Built | 1967 |
| Building Class | C | Parking Ratio | 3.98/1,000 SF |
| No. Units | 23 |
| Property Type | Residential |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 1.85 AC |
| Building Size | 18,833 SF |
| Number of Floors | 1 |
| Year Built | 1967 |
| Parking Ratio | 3.98/1,000 SF |
Unit Amenities
- Air Conditioning
- Washer/Dryer Hookup
- Heating
- Tile Floors
- Kitchen
- Oven
- Range
- Tub/Shower
- Carpet
- Yard
- Patio
- Window Coverings
Site Amenities
- Courtyard
- Property Manager on Site
About 434 B St , Empire, CA 95319
19 individual 2br 1ba cottages with fenced yard space and abundant parking make this multi-family complex highly desirable and keeps it 100% occupied with a waiting list. Separate on-site manager's residence and three connected units produce a total of 23 single story units totaling 18,833 sq. ft. on a 1.85 acre lot. Built in 1967, most of the units feature washer/dryer hook-ups and upgraded HVAC systems. Property is well maintained with no significant deferred maintenance. Cap rate of 6.25% is based upon actual 2018 rents and actual 2017 reported expenses excluding mortgage and depreciation and projected tax expense based upon sales price. Exhibits attached. Some added income is expected as rents in this market continue to increase and current rents are a bit below market rate. Located near HWY 132, the main commute thoroughfare leading west into Modesto.
Unit Mix Information
| Description | No. Units | Avg. Rent.Mo | SF |
|---|---|---|---|
| 2+1 | 20 | £875.00 | 792 |
| 3+1 | 2 | £525.50 | 953 |
| 1+1 | 1 | £750.00 | 725 |
PROPERTY TAXES
| Parcel Number | 133-03-06 | Improvements Assessment | £1,628,272 |
| Land Assessment | £176,369 | Total Assessment | £1,804,641 |
PROPERTY TAXES
zoning
| Zoning Code | R2,County |
| R2,County |
