Home | Stanislaus County | Ceres | 95307 | 3836 El Camino Ave
MLS: BE41148848 | Status: | Price: $2,200,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Acres Lot | Yr Built |
|---|---|---|---|---|
| – | – | 6,000 | 0.67 | 1946 |
Rare 13-unit multifamily investment opportunity in Ceres. 11 units currently leased residentially, 1 unit rented as on-site storage (Unit 2), and 1 RV occupant paying monthly rent (Unit 12) — all across 7 buildings on one parcel. Residential unit mix includes eight 2BD/1BA units, two studios, and one 1BD. Unit 2 has completed plans ready for submission to build out a full 2-bedroom unit, adding significant new rental income. Current gross scheduled rent of approximately $221,400/year, with additional income from garbage reimbursements. Scheduled rent increases on Units 7 and 11 effective November 1, 2026. Tenants pay their own electric on separate meters, reimburse $30/month for garbage, and split the water bill proportionally. Owner has invested $500,000+ in capital improvements, including full roof replacements across all buildings and extensive interior renovations across nearly all units. Priced for a value-add investor or 1031 exchange buyer. Financials, rent roll, and disclosure package available to qualified buyers.
| Field | Value |
|---|---|
| MLS # | BE41148848 |
| MLS Source | Bay East |
| Days on Site | 1 |
| Feature | Details |
|---|---|
| Flooring | Tile |
| Cooling | Ceiling Fan, Window/Wall Unit |
| Heating | Baseboard |
| Feature | Details |
|---|---|
| Roof | Composition |
| Feature | Details |
|---|---|
| Garage/Parking | Parking Area, Garage: Car(s) |
| Complex Amenities | None |
Yusuf Nafey
Excel Realty
License #: 02121822
Phone: (925) 876-1161
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This listing information is up-to-date as of September 28, 2026. For the most current information, please contact Yusuf Nafey, (925) 876-1161.