Price Reduced Listing
$2,150,000
 $11,542 est/mo Sourced by Back At You

3836 El Camino Ave,Ceres, CA 95307

Ceres, CA 95307

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Description

Rare 12-unit + RV occupant multifamily investment opportunity in Ceres. 10/11 units currently leased residentially, 1 unit rented as on-site storage (Unit 2), and 1 RV occupant paying monthly rent (Unit 12) - all across 7 buildings on one parcel. Residential unit mix includes eight 2BD/1BA units, two studios, and one 1BD. Unit 2 has plans ready for submission to build out a full 2-bedroom unit, adding significant new rental income. Current gross scheduled rent of approximately $221,400/year, with additional income from garbage reimbursements. Rent increases eligible on Units 7 and 11. Tenants pay their own electric on separate meters, reimburse $30/month for garbage, and split the water bill proportionally. Owner has invested $500,000+ in capital improvements, including full roof replacements across all buildings and extensive interior renovations across nearly all units. Priced for a value-add investor or 1031 exchange buyer. Financials, rent roll, and disclosure package available to qualified buyers.

Details

MLS #41148848
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1946
Days On Site21
Listing Provided ByExcel Realty | Yusuf Nafey

Features

Units12
Acreage0.67

Interior

CoolingWall Window Units
HeatingBaseboard
Heating Yes / NoYes
Cooling Yes / NoYes
AppliancesElectric Water Heater

Exterior

RoofShingle
Construction MaterialsStucco

Area Information

StateCA
CountyStanislaus
CityCeres
Zip Code95307
Community NameOther
Listing VS Median (in Other)
Price:
$2,150,000
low | high
Med:
$799,000
100% of Average
On site:
21
low | high
Med:
114.5
18.340611353712% of Average
Sourced by Back At You

Market Activity 95307

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Contact

Learn More About This Property

Stephen Jacobs

Stephen Jacobs

Desert Lifestyle Properties

00927784Accredited Buyer Representative, Resort Certification, Green Designated (760) 413-0117stephen@withaph.com
StateCA
CountyStanislaus
CityCeres
Zip Code95307
Community NameOther
Listing VS Median (in Other)
Price:
$2,150,000
low | high
Med:
$799,000
100% of Average
On site:
21
low | high
Med:
114.5
18.340611353712% of Average
Sourced by Back At You
Listing Updated: October 18, 2026 at 1:11:13 PM PDT

Stephen Jacobs - Desert Lifestyle Properties