1 Hodel Dr - Apartments FOR SALE


Hollister, CA 95023
$1,499,900 USD
831-801-3210
1 Hodel Dr, Hollister, CA for Sale
$1,499,900 USD
Apartments - FOR SALE
1/16
null | 3.81% Cap Rate

1 Hodel Dr
Hollister, CA 95023


HIGHLIGHTS

  • Tenants pay ALL utilities
  • Close to schools, shopping, and commuter roadways
  • Hardwood floors, attached garages, and inside utility rooms

OVERVIEW

Rarely offered to market. Been under the same owner's stewardship for 26+ years. Six adorable cottages on one lot near the High School. Five units are 1-bedroom, 1 bath, and one unit is 2-bedroom, 1 bath. All with one car, attached garages, small yards, and separately metered utilities (including sewer and water - you hardly ever see that!). Hardwood floors, tile counters in kitchen and shower. Inside utilities room. Epitome of low maintenance. Call your Realtor today and see why this may be just the investment property you have been looking for? DO NOT DISTURB OCCUPANTS! No sign. Make offer subject to inspection and approval. Please email offers on CAR form including preapproval letter (or proof of funds if cash) to jnoblerealestate@outlook.com. Escrow holder is First American-Hollister, Nellie Garcia. Yes, rents are below market and are increased per AB 1428. Rent increases are coming up 11/1/25 and 1/1/26 for 4 units. List price reflects lower rents and seller motivation.

FOR SALE DETAILS

PRICE

$1,499,900 USD

PRICE/SF

$225 USD /SF

# OF UNITS

6

PRICE/UNIT

$249,983

CAP RATE

3.81%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

1-6 Hodel Drive

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1942

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.36 AC

LAND SF

15,834 SF

ZONING

R-4

APN/PARCEL ID

056-200-017-000

ASK ABOUT THIS PROPERTY

Jason NobleNino Real EstateMore Info
831-801-3210

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Jason NobleNino Real EstateMore Info
831-801-3210

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.