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Multi Unit Property 3882 Washington Ave 16 Unit Apartment Building $1,500,000 ($93,750/Unit) Le Grand, CA 95333
EXECUTIVE SUMMARY
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.
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.
PROPERTY FACTS
| Price | $1,500,000 | Apartment Style | Low-Rise |
| Price Per Unit | $93,750 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.27 AC |
| No. Units | 16 | Building Size | 8,615 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built/Renovated | 1910/2025 |
| Price | $1,500,000 |
| Price Per Unit | $93,750 |
| Sale Type | Investment |
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.27 AC |
| Building Size | 8,615 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1910/2025 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Kitchen
- Oven
- Range
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Walking/Biking Trails
- Storage Space
- Public Transportation
- Walk-Up
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PROPERTY TAXES
| Parcel Number | 318-081-010 | Improvements Assessment | $21,557 |
| Land Assessment | $72,505 | Total Assessment | $94,062 |
PROPERTY TAXES
Parcel Number
318-081-010
Land Assessment
$72,505
Improvements Assessment
$21,557
Total Assessment
$94,062
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Multi Unit Property | 3882 Washington Ave
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