3882 Washington Ave - Multi-Family FOR SALE


Le Grand, CA 95333
$1,500,000 USD
209-455-3800
3882 Washington Ave, Le Grand, CA for Sale
$1,500,000 USD
Multi-Family - FOR SALE
1/66
null | Request Cap Rate

3882 Washington Ave
Le Grand, CA 95333


OVERVIEW

Recently Updated Multi-Unit Property in Le Grand! The two-story building offers 16 rooms and 12 bathrooms, making it a great opportunity for investors. The first floor includes two updated studio units and two updated one-bedroom apartments with new flooring, fresh texture and paint, and new interior doors. There are also four full bathrooms, one half bath, and a spacious shared living area. The interior staircase has been repaired, and a temporary wall has been added in the lobby to allow flexible use of the space. Upstairs, you'll find the remaining rooms along with a shared kitchen and six half bathrooms, and one full bathroom. The kitchen has been updated and the hallways have been freshly painted. The outside of the building has been fully refreshed with new stucco and exterior paint. Additional upgrades include a new gate, repaired driveway, parking lot improvements with new sand, tree trimming, repaired fencing with new panels, rebuilt stairs, updated texture, and new concrete in front of units three and four. The property sits in a quiet, convenient area of Le Grand. It’s close to schools, local shops, and job centers, with easy access to Merced, Madera, and nearby communities.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$191 USD /SF

# OF UNITS

16

PRICE/UNIT

$93,750

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Multi Unit Property

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1910

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

11,998 SF

ZONING

-

APN/PARCEL ID

318-081-010

ASK ABOUT THIS PROPERTY

Randy HayerSVN l Executive Commercial AdvisorsMore Info
209-455-3800

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Randy HayerSVN l Executive Commercial AdvisorsMore Info
209-455-3800

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