Multifamily Complex on Four
For Sale
$4,950,000
1641 Valley View Road, Hollister, CA 95023
Older complex on 4 acres with remodeling and expansion potential.
Property Size4,000 SF
Lot Size4.00 Acres
Price / SF$1,237
Days on Market735
Property Features for 1641 Valley View Road
General Information
Standard status
Active
Size
4,000 SF
Lot size
4.00 Acres
Property subtype
Commercial
Amenities
Central air
Washer/Dryer
Attached Garage
Detached Garage
Central Air Cooling
Central Forced Air Heating
Composition Roof
Laundry Hookups Only
Wall Furnace Heating
Building Details
Year Built
1950
Listing Agency:
COLDWELL BANKER REALTY
(408) 848-2800
Listed By:
RICHARD FREEDMAN · License #00846705
Source:
Corcoran
Added: Aug 19, 2024
Changed: Aug 8
Last Checked: Aug 8 at 6:13AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of COLDWELL BANKER REALTY
Investment Insights
Based on property information with market context.
This older complex is situated on 4 acres. Most of the units have been remodeled and are in good condition. There may be an opportunity to add additional units. Currently, one unit is vacant and has just been remodeled. Two units are occupied by family members and will be vacant at the close of escrow. The total projected rent includes market rents for these three units. Immediately adjacent to the property is a 3.14-acre vacant parcel that is zoned residential.
Key Highlights
- Potential to add additional units on the 4‑acre complex.
- Adjacent 3.14‑acre vacant parcel zoned residential.
- Most units have been remodeled and are in good condition.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
558
Businesses Nearby
Explore this area
Business Placement
Demographics for 95023, CA
56,973
Population
18,043
Households
3.2
Avg Household Size
36
Median Age
21%
College-Educated
83%
High-School Grad
394.8 sq mi
ZIP Area
144
Density / Sq Mi
$108,156
Median Household Income
$47,362
Median Earnings
$1,908
Median Rent
$740,500
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - Older complex on 4 acres with remodeling and expansion potential.
Where is this apartment building located?
The property is located at 1641 Valley View Road Hollister, CA.
What is the asking price?
The asking price for this property is $4,950,000.
What are key features of this property?
This property features: Potential to add additional units on the 4‑acre complex.; Adjacent 3.14‑acre vacant parcel zoned residential.; Most units have been remodeled and are in good condition.
