3836 El Camino Ave, Ceres, CA 95307
3836 El Camino Ave, Ceres, CA 95307
3836 El Camino Ave, Ceres, CA 95307
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Listed by Yusuf Nafey, DRE #02121822 • Excel Realty
$2,200,000
Est. payment /mo
6,000 SqFt
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Key Details

Property Type Multi-Family, Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 6,000 sqft

Price per Sqft $366

MLS Listing ID BE41148848

Year Built 1946

Lot Size 0.670 Acres

Property Sub-Type Five or More Units

Source Bay East

Property Description

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.

Location

State CA

County Stanislaus

Area Other Area

Interior

Heating Baseboard

Cooling Window / Wall Unit, Ceiling Fan

Flooring Tile

Exterior

Exterior Feature Composition Shingles, Stucco

Parking Features Parking Area

Garage Spaces 22.0

Roof Type Composition

Building

Lot Description Other

Water Heater - Electric

Others

Tax ID 053-013-008000

Special Listing Condition New


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Sharad Gupta
Sharad Gupta

Broker License ID: 02213637

+1(408) 401-1003

5201 Great America Pkwy, Santa Clara, CA 95054, USA

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3836 El Camino Ave