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Berkshire Hathaway HomeServices California Properties Berkshire Hathaway HomeServices California Properties
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3836 El Camino Ave Ceres, CA 95307
$2,150,000 0 beds, 0 baths
0 sqft
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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128
888-995-7575
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Agent Remarks

Rare 12-unit + RV occupant multifamily investment opportunity in Ceres. 10/11 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 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. Rent increases eligible on Units 7 and 11. 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.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 41148848
List price is $2,150,000 Reduced by $50,000 on 10/18/2026
HOA Fee is $0.00
Beds: 0
Baths: 0
Built in 1946
0.67 acres
Lot size: 0.6700
Subdivision: Other
County: Stanislaus
Construction: Stucco
Appliances: Electric Water Heater
Heating/cooling: Wall/Window Unit(s)
Heating description: Baseboard

Last Updated: 10/25/2026

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Lat/Long: 37.582209, -120.945479.
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Listing Agent: Yusuf Nafey
Lic#: 02121822
Broker: Courtesy of Excel Realty

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Area Overview

Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

Occupancy Type

White/Blue Collar Jobs

Population by Gender

Hispanic/Non-Hispanic Population

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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128
888-995-7575
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