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333 9Th St Tracy, CA 95376

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For Sale
$2,400,000

Well-maintained 16-unit apartment building with rental upside potential.

Property size:
7,988 SF

Property Features for 333 9Th St

General Information

Standard status
Active
Size
7,988 SF

Building Details

Year built
1930
Source: Corcoran

Listing Agent: Jon Holmquist

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


Overview

Well-Kept Multifamily Property with Upside

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.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

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

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

Location Insight

  • Map
  • Local Demand
City
Tracy
County
San Joaquin
State
California
Longitude
-121.430981
Latitude
37.737567

FAQs

What type of property is this?
Apartment building - Well-maintained 16-unit apartment building with rental upside potential.
Where is this apartment building located?
The property is located at 333 9Th St Tracy, CA.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: - Prime location: Walking distance to light rail with easy access to major Bay Area job centers.; - Significant rental upside potential.; - Upgraded plumbing and electrical systems (including new panels) for optimal insurance rates.
More about this property
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