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555 Wallis Ave 4,500 SF Specialty Building Offered at $990,000 in Gustine, CA 95322
INVESTMENT HIGHLIGHTS
- Possible redevelopment of property.
- Possible division of parcel and re-sell.
EXECUTIVE SUMMARY
RARE PROPERTY - MULTI-UNIT OPPORTUNITY! 5 HOMES + OPEN LOT. Nearly 1 acre (.91) in Gustine on shady street, great residential location in center of town. Property currently has 2 two bedroom/1 bath rentals, each rented at $1000/mo. A vacant 2 bedroom/1 bath home that needs TLC. A lg 5 bedroom/1 bath home with lg full basement, and a small studio home. There is a empty lot on the end of the property along with a large undeveloped area behind the homes. Perfect for Investors. Immediate income while you plan how to maximize this property's full potential. So many possibilities to discuss! Add additional rentals, start over and make it a planned unit development, or divide the homes into separate parcels and sell them individually OR live in one and rent the others to cover the mortgage? Property is being sold as is.
PROPERTY FACTS
AMENITIES
- Air Conditioning
ABOUT 555 WALLIS AVE , GUSTINE, CA 95322
The property consists of 5 units, three 2 bedroom/1 bathroom units, one 5 bedroom/1 bathroom unit and a studio unit.
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PROPERTY TAXES
| Parcel Number | 020-151-022 | Improvements Assessment | $145,121 |
| Land Assessment | $38,577 | Total Assessment | $183,698 |
PROPERTY TAXES
Parcel Number
020-151-022
Land Assessment
$38,577
Improvements Assessment
$145,121
Total Assessment
$183,698
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555 Wallis Ave
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