2523 5th St

$1,860,000
Price
Beds
Baths
8,667 Sq. Ft.
$215 / Sq. Ft.
8,667
Sq. Ft.
$215
per Sq. Ft.

Description

Investors dream property! This stunning one-acre lot features a two-story apartment 8-Plex, a duplex, and a charming home, all surrounded by lush, mature palm trees and gorgeous landscaping. With the potential to split the property and its professional office zoning, the possibilities are endless! Whether you're looking for a prime real estate investment or a unique development opportunity, this beautiful piece of land is brimming with architectural charm and flexibility. A rare find with endless...Investors dream property! This stunning one-acre lot features a two-story apartment 8-Plex, a duplex, and a charming home, all surrounded by lush, mature palm trees and gorgeous landscaping. With the potential to split the property and its professional office zoning, the possibilities are endless! Whether you're looking for a prime real estate investment or a unique development opportunity, this beautiful piece of land is brimming with architectural charm and flexibility. A rare find with endless potential! Don't miss your chance to own this exceptional property. SELLER FINANCING available!
  1. Listed by Alfred Younan • DRE #01718008 • Brokerage DRE #02212279 • Metro Realty Pros • 408-728-5468

Property Details for 2523 5th Street

MLS City Name
CERES
Building Type
Other
Garage Spaces
3
Parking Spaces
10
Cross Street
Whitmore
LISTING UPDATED: 12/19/2025 11:00 AM

Property Details for 2523 5th Street

StatusContingent
MLS #ML81980876
Days on Compass350
Taxes$11,352 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family 5+
MLS Type5+ Units / Five or More Units
Year Built1950
Lot Size0.96 AC / 41,788 SF
CountyStanislaus County

Location

Listing Courtesy of Metro Realty Pros, Alfred Younan, DRE #01718008
Add your commute

Building Information for 2523 5th Street

Stories-Residences-Year Built1950Building Size-Lot Size0.96 AC / 41,788 SF

Payment Calculator

$10,137 per month

30 year fixed, 6.28% Interest

Principal and Interest

$9,191

Property Taxes

$946

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2523 5th Street

Features
Features
  • Fireplace: No
  • Living SqFt: 8667
  • Pool: No
  • Security Features: None
  • Special Features: Parking
Utilities
  • Cooling: Window / Wall Unit
  • Heating: Wall Furnace
  • Meters: Master Electric, Separate Electric
  • Sewer Septic: Sewer - Public
  • Utilities: Individual Electric Meters, Public Utilities
  • Water: Public
Carport and Parking
  • Carport Min: 3
Garage
  • Garage and Parking: Parking Area, Other
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Min Num Of Units in Complex: 11
  • Area Text: Ceres East of Hwy 99
  • Restrictions: None
  • Roof: Composition
  • Subclass: Five or More Units
  • Year Built Source: Assessor
  • Street Number: 2523
  • Street Name: 5th
  • Street Suffix: Street
  • Area ID: 20107
Lot / Property Details
Building Information
  • Number of Buildings: 3
  • Structure SqFt: 8667
  • Structure SqFt Source: Assessor
  • Age: 74
Development Information
  • Ownership Type: Individual
  • Zoning Detail: R3
Location Information
  • Directions: Near Ceres High School or Downtown. Opens to 4th and 5th near Whitmore
  • Parcel Number: 127-013-046-000
  • County Name: Stanislaus
  • City Name: CERES
  • City Postal ID: 333
  • Postal Code: 95307
  • Elementary School District: 1124
  • High School District Text: Ceres Unified
Lot Information
  • Foundation: Raised
  • Lot Acres: .96
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
Multi Family Information
Building Information
  • No Of Leased: 11
General Information
  • Annual Tax Amount: $11,352
  • Capitalization Rate: 5.80
  • Tenant Expenses: Utilities - Electric
  • Income Includes: None
  • Vacancy Factor: 0
Income / Expense Details
  • Expense Insurance: $7,008
  • Expense Landscape: $1,000
  • Expense Maintenance: $3,000
  • Expense Management: $0
  • Expense Trash: $0
  • Expenses Other: $0
  • Expenses Utility: $560
  • Expenses Total: $22,920
  • Operating Expenses Include: Fee - Property Tax, Services - Sewer, Utilities - Hot Water, Utilities - Water
  • Gross Rent Multiplier: 14.23
  • Income Annual Gross: $130,740
  • Income Annual Rental: $130,740
  • Income Gross Scheduled: $130,740
  • Income Other: $0

Property History for 2523 5th Street

DateEvent & SourcePriceAppreciation
Dec 19, 2025

Contingent - Show

MLSListings #ML81980876

Aug 23, 2025

Pending

MLSListings #ML81980876

Aug 23, 2025

Pending

EBRD #ML81980876

Aug 23, 2025

Contingent - Show

MLSListings #ML81980876

Sep 19, 2024

Listed (Active)

EBRD #ML81980876

$1,860,000
Sep 19, 2024

Withdrawn

METROLIST #224105271

$1,860,000
Sep 19, 2024

Listed (Active)

MLSListings #ML81980876

$1,860,000
Sep 19, 2024

Listed (Active)

METROLIST #224105271

$1,860,000
Oct 13, 2015

Withdrawn

METROLIST #14067437

Dec 31, 2014

Withdrawn

RESFAR #14041040

$950,000
Oct 24, 2014

Listed (Active)

METROLIST #14067437

$950,000
Sep 23, 2014

Withdrawn

METROLIST #14041040

Jul 1, 2014

Listed (Active)

RESFAR #14041040

$950,000
Jul 1, 2014

Listed (Active)

METROLIST #14041040

$950,000
Mar 5, 2011

Expired

RESFAR #90018738

Mar 5, 2011

Expired

METROLIST #90018738

Jun 30, 2009

Expired

RESFAR #40344276

$1,160,000
Mar 5, 2009

Listed (Active)

RESFAR #90018738

$1,100,000
Mar 5, 2009

Listed (Active)

METROLIST #90018738

$1,100,000
Dec 31, 2008

Expired

METROLIST #80054794

$1,160,000
Dec 31, 2008

Expired

RESFAR #80054794

$1,160,000
May 20, 2008

Listed (Active)

METROLIST #80054794

$1,160,000
May 20, 2008

Listed (Active)

RESFAR #80054794

$1,160,000
May 19, 2008

Listed (Active)

RESFAR #40344276

$1,160,000
Jun 14, 2007

Withdrawn

METROLIST #60132577

Dec 15, 2006

Listed (Active)

METROLIST #60132577

$1,520,000
Jul 1, 2004

Sold (Public Record)

Public Record #137172404

$750,000

+9.8% / yr

Dec 20, 2002

Sold (Public Record)

Public Record #105569736

$650,000
Dec 20, 2002

Sold

RESFAR #132212069

$650,000
Dec 20, 2002

Sold

METROLIST #132212069

$650,000
Nov 25, 2002

Pending

RESFAR #132212069

Nov 25, 2002

Pending

METROLIST #132212069

DateEvent & SourcePrice
12/19/2025

Contingent - Show

MLSListings #ML81980876

08/23/2025

Pending

MLSListings #ML81980876

08/23/2025

Pending

EBRD #ML81980876

08/23/2025

Contingent - Show

MLSListings #ML81980876

09/19/2024

Listed (Active)

EBRD #ML81980876

$1,860,000
09/19/2024

Withdrawn

METROLIST #224105271

$1,860,000
09/19/2024

Listed (Active)

MLSListings #ML81980876

$1,860,000
09/19/2024

Listed (Active)

METROLIST #224105271

$1,860,000
10/13/2015

Withdrawn

METROLIST #14067437

12/31/2014

Withdrawn

RESFAR #14041040

$950,000
10/24/2014

Listed (Active)

METROLIST #14067437

$950,000
09/23/2014

Withdrawn

METROLIST #14041040

07/01/2014

Listed (Active)

RESFAR #14041040

$950,000
07/01/2014

Listed (Active)

METROLIST #14041040

$950,000
03/05/2011

Expired

RESFAR #90018738

03/05/2011

Expired

METROLIST #90018738

06/30/2009

Expired

RESFAR #40344276

$1,160,000
03/05/2009

Listed (Active)

RESFAR #90018738

$1,100,000
03/05/2009

Listed (Active)

METROLIST #90018738

$1,100,000
12/31/2008

Expired

METROLIST #80054794

$1,160,000
12/31/2008

Expired

RESFAR #80054794

$1,160,000
05/20/2008

Listed (Active)

METROLIST #80054794

$1,160,000
05/20/2008

Listed (Active)

RESFAR #80054794

$1,160,000
05/19/2008

Listed (Active)

RESFAR #40344276

$1,160,000
06/14/2007

Withdrawn

METROLIST #60132577

12/15/2006

Listed (Active)

METROLIST #60132577

$1,520,000
07/01/2004

Sold (Public Record)

Public Record #137172404

$750,000

+9.8% / yr

12/20/2002

Sold (Public Record)

Public Record #105569736

$650,000
12/20/2002

Sold

RESFAR #132212069

$650,000
12/20/2002

Sold

METROLIST #132212069

$650,000
11/25/2002

Pending

RESFAR #132212069

11/25/2002

Pending

METROLIST #132212069

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2523 5th Street

Taxable ValueLand$265,726Additions$798,157Total$1,063,883
Tax Record2025$12,449 ($1,037 / month)
Home Facts
Baths3Total Finished SqFt1,291 SqFtAbove Grade Finished SqFt1,291 SqFtStories2Lot Size43,560 SqFtStyleMulti-Family Dwelling (2-4)Year Built1949ZoningR3CountySTANISLAUSAPN127-013-046-000Fireplace TypeHas Fireplace

Schools near 2523 5th Street

This home is within Ceres Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Walter White Elementary School
PublicK to 6

Cesar Chavez Junior High School
Public7 to 8

Central Valley High School
Public9 to 12

Ceres Special Education
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Metro Realty Pros, Alfred Younan, DRE #01718008

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.