333 9Th St Tracy, CA 95376

This well-maintained 16-unit apartment building is located midway between Tracy Blvd. and North Center, within walking distance of light rail, providing convenient access to major Bay Area job centers and tech employment. Owned and operated by the current owner for 28 years, the property features many long-term tenants and significant rental upside. The owner self-manages the property with the help of a resident on-site manager, carefully selecting quality tenants. Constructed circa 1930, the building features a wood frame, stucco siding, and a flat roof. Upgrades include plumbing and building electrical systems, featuring new main and sub-panels for optimal insurance rates, as well as double-paned windows and interior renovations upon turnover. The unit mix comprises twelve studio units and four one-bedroom/one-bath units. Unit interiors feature primarily hardwood floors and renovated bathrooms with three-piece drop-in tub enclosures. Heating is provided by electric wall units, with tenants responsible for their electric bills, ensuring low, stable expenses for the owner. The complex includes 16-car open parking and is situated on a 0.26-acre parcel. All units are separately metered for electricity and gas. The property size is 7988 square feet.