Pending

Indiana Street

Woodbridge, CA 95258

$1,600,000 $6,745/Mo

Get Pre-Approved Check your credit

Overview

2,283

Sqft(Lot)

46,173.60

Sqft(Lot)

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 o r 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.

Property Details

Property Type : ResidentialIncome

Price : $1,600,000

AD Id : 59933656

MLS Id : 224117301

Lot Size : 46,173.60 Sqft(Lot)

Living Area Size : 2,283

County : San Joaquin

Map

Features

Sell a home like this and save $95,501 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.