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813 8th St
Livingston, CA 95334
Multifamily Property For Sale
·
18 Units
Property Facts
| No. Units | 18 | Building Size | 11,000 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Garden | Year Built | 1988 |
| Building Class | C | Parking Ratio | 2/1,000 SF |
| Lot Size | 0.76 AC | ||
| Zoning | R-3 | ||
| No. Units | 18 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.76 AC |
| Building Size | 11,000 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1988 |
| Parking Ratio | 2/1,000 SF |
| Zoning | R-3 |
Amenities
Unit Amenities
- Refrigerator
- Range
- Carpet
About 813 8TH ST , LIVINGSTON, CA 95334
Marcus & Millichap is pleased to present an 18-unit apartment property located in Livingston, California. The property was built in 1988, single-story construction and consist of (3) four-plexes and (1), six-plex totaling 33,200-square feet lot. This property consists of (16), one-bedroom/one-bathroom units that are 550-square feet each and (2) two-bedroom/one-bathroom units that are 650-square feet each. There is one laundry room with two washers and two dryers that the owner owns for additional income. The city of Livingston is located in the heart of the California Central Valley, about 60-miles North of Fresno and 70-miles South of Stockton. This location gives the residents easy access to highway 99, shopping, restaurants and entertainment. Located within walking distance to Campus Park Elementary School and just a few miles from the property is the Merced Mall with retailers like JCPenney and Target. Price at a 6.06 cap rate and 9.38 GRM on current income, the subject property represents a value-add opportunity in a strong tertiary sub-market through interior upgrades and increasing rents.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 16 | $575.00 | 550 |
| 2+1 | 2 | $800.00 | 825 |
Property Taxes
| Parcel Number | 024-191-038 | Improvements Assessment | $1,281,563 |
| Land Assessment | $120,572 | Total Assessment | $1,402,135 |
Property Taxes
