3836 El Camino Ave, Ceres, CA 95307
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3836 El Camino Ave, Ceres, CA 95307
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 • Excel Realty • 925-876-1161
$ 2,200,000
Est. payment /mo
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3836 El Camino Ave Ceres, CA 95307

6,000 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type 5 or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 6,000 sqft

Price per Sqft $366

MLS Listing ID 41148848

HOA Y/N No

Year Built 1946

Lot Size 0.670 Acres

Property Sub-Type 5 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

Interior

Heating Baseboard

Cooling Ceiling Fan(s), Wall/Window Unit(s)

Flooring Tile

Fireplace No

Appliance Free-Standing Range, Refrigerator

Laundry No Hookups

Building

Lot Description Other

Water Public

Others

Special Listing Condition Offer As Is


Bay East Association of Realtors
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