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1183 Oak Ave Greenfield, CA 93927

For Sale
$1,775,000

Two four-plexes on one lot, long-term tenants, great location.

Lot size:
0.68 Acres

Property Features for 1183 Oak Ave

General Information

Lot size
0.68 Acres

Building Details

Year built
1987

Source: Plan For Real Estate Agent Tom Christensen

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Two Four-Plexes on Large Lot

This property features two four-plexes situated on a single large lot. Each unit includes 2 bedrooms and 1 bathroom, with individual meters for utilities. The owner is responsible for water, trash, and sewer services. Each apartment is equipped with laundry hook-ups. A copper metallic metal roof, approximately 4 years old, covers both four-plexes and the four attached double carports. The carports could potentially be converted into garages with the addition of doors. The property is fully occupied with long-term tenants on month-to-month leases. The gross annual rent is $117,120. Built in 1987, each unit is approximately 800 square feet and includes a private fenced backyard suitable for gardens. The property is located across the street from the city water tower, which provides good water pressure and fire protection. The water tower also enhances cell reception due to newly installed broad band 5G equipment. There is a large open yard at the back of the driveway that could potentially be used for extra parking to increase rental value.
Insight Report Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Greenfield
County
Monterey
State
California
Longitude
-121.2490688
Latitude
36.3170634

FAQs

What type of property is this?
Quadplex - Two four-plexes on one lot, long-term tenants, great location.
Where is this quadplex located?
The property is located at 1183 Oak Ave Greenfield, CA.
What is the asking price?
The asking price for this property is $1,775,000.
What are key features of this property?
This property features: - Two four-plexes on one large lot, offering significant investment potential.; - Recent (4 years old) and durable copper metallic metal roof covering both buildings and carports.; - All units are 2 bedroom/1 bathroom with individual meters and laundry hookups.
More about this property
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