Sold
446 Church Avenue
Oakdale CA, 95361
$1,220,000
Sold
2 Beds
1 Bath
Multi-family
Built in 1966
Introducing Park Place Apartments, an 8-unit multifamily property located in Oakdale, California. This investment opportunity offers a mix of highly sought-after 2-bedroom, 1-bath units, each approximately 780 square feet in size. With strong existing rental income, Park Place Apartments presents a compelling proposition for investors seeking stable returns. Positioned in a supply-restricted market, Oakdale is known for its limited inventory of multifamily properties, making Park Place Apartments a rare find. The property's solid unit mix and desirable location offer the potential for a 10-15% upside under new ownership. Park Place Apartments provides essential amenities for tenants, including an on-site laundry facility, individual yards and ample parking. These features enhance the property's appeal and convenience, contributing to tenant satisfaction and retention.
223048687
MLSⓇ ID
April 25, 2024
Updated
Map
446 Church Avenue
Oakdale CA, 95361
Interior Features
Total Stories
1
Bedrooms
2 Beds
Bathrooms
1 Bath
Interior Features
Carpet, Laminate
Floor Description
Carpet, Laminate
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.38 Acres
Sewer
Public Sewer
School Information
School District
Oakdale Joint
Other Property Details
Area Name
20202
Garage
No
Parking Total
16
View
No
County
Stanislaus
Water Source
Public
Pool
No
Zoning
R2
Buyer Agency Compensation
2.5%
Courtesy of Cosol Commercial Real Estate, Jacob Friedrich,
Listing Contact:
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