980 Indiana ST, Woodbridge, CA 95258 - MLS#224117301

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$1,600,000

Est. payment - /mo

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2,283 SqFt

Pending

980 Indiana ST Woodbridge, CA 95258

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Erin Sanders

erin@folsomrealty.com +1(916) 807-0300

UPDATED:

10/23/2024 07:20 PM

Key Details

Property Type Multi-Family

Sub Type 5 or More Units

Listing Status Pending

Purchase Type For Sale

Square Footage 2,283 sqft

Price per Sqft $700

MLS Listing ID 224117301

HOA Y/N No

Originating Board MLS Metrolist

Year Built 1993

Lot Size 1.060 Acres

Acres 1.06

Lot Dimensions See APN Printouts

Property Description

Very Rare Woodbridge 8 TOTAL UNITS PORTFOLIO SALE Plus 1900 Sqft Shop w/office and storage yard all for $ 1.6 MILLION. Total Current income is $201,600 With a current GRM of 7.93! The portfolio includes 4 contiguous parcels totaling just over 1 Acre of land. The buildings are as follows (See buildings map & Details in attachments) : 1 Triplex , 1 Duplex, 2 single Family homes one is a 3 bdrm 1 bath approximately 1100 sqft with a detached studio unit, and one is a 2 bdrm, 1 ba approx.. 970 sqft. The final building in the portfolio is a large Tradesman Shop that is approximately 1900 sqft with a office and large door that opens to accommodate larger items. The shop also has a large fence in storage yard. That can easily accommodate more than a dozen vehicles or storage for a business or the new owner. (See attachments for a current rent roll and Market Rent Report that suggests plenty of additional upside potential) On the rent roll we have penciled in $2500 a month for the shop since the seller is currently using it,but it can be delivered vacant.

Location

State CA

County San Joaquin

Area 20901

Direction from 99 or 5 Take Turner Road to Lower Sacramento Road and then Left onto Indiana Street

Rooms

Basement None

Interior

Heating Central, Varies by Unit

Cooling Central, Varies by Unit

Flooring Carpet, Laminate, Vinyl, Linoleum, Varies by Unit

Window Features Dual Pane Full,Varies by Unit

Appliance Dishwasher, Varies By Unit, Free Standing Electric Range

Laundry Varies by Unit, Washer/Dryer Hookups

Exterior

Garage Garage, Varies by Unit

Garage Spaces 10.0

Carport Spaces 1

Utilities Available Natural Gas Connected, Electric

Water Access Desc Public

View City, Varies by Unit

Roof Type Composition

Topography Level

Accessibility None

Handicap Access None

Porch Uncovered Patio, Covered Patio, Varies by Unit

Total Parking Spaces 19

Building

Lot Description Shape Irregular, Curbs/Gutters, Landscape Back, Landscape Front

Story 1

Foundation Raised, Slab

Sewer In & Connected

Water Public

Architectural Style Ranch, Contemporary, Cottage

Level or Stories One

Schools

Elementary Schools Lodi Unified

Middle Schools Lodi Unified

High Schools Lodi Unified

School District San Joaquin

Others

Senior Community No

Tax ID 015-160-04

Special Listing Condition None

Listed by eXp Realty of California Inc

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Erin Sanders

Broker | CA DRE#01973946

+1(916) 807-0300

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Erin Sanders

980 Indiana ST Woodbridge, CA 95258

Erin Sanders

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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980 Indiana ST