409 North 1st Street

Patterson, CA 95363

$1,995,500
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

10 Unit Garden Apartment Village in walking distance to downtown Patterson. The property is located in a Federal Opportunity Zone. 409 North First Street is a 10-unit Garden-style multi-family property in Patterson California. The First Street Village totals 10 units and are a unique investment opportunity within the Patterson market. This property is a high-yield investment opportunity that includes in-place cash flow and long-term tenants. Highlights include in-unit washers and dryer hookups, carports...10 Unit Garden Apartment Village in walking distance to downtown Patterson. The property is located in a Federal Opportunity Zone. 409 North First Street is a 10-unit Garden-style multi-family property in Patterson California. The First Street Village totals 10 units and are a unique investment opportunity within the Patterson market. This property is a high-yield investment opportunity that includes in-place cash flow and long-term tenants. Highlights include in-unit washers and dryer hookups, carports and gas stoves in the kitchens. Heat is provided via wall heaters and A/C via efficient window units. The potential of this investment can be further maximized through continued value-added initiatives, including exterior improvements, branding, and landscaping. Proximity to the commuter routes and easy access to downtown Patterson will continue to ensure that 409 North First Street remains one at a high occupancy rate. The property is conveniently located within walking distance of the Highway 33 and Las Palmas retail corridors and Public Schools. Strong job growth and expanding neighborhoods have placed a continual spotlight on Patterson for new residents seeking refuge from the San Francisco Bay Area.
  1. Listed by George Mac Master • DRE #01184629 • Mountain Valley Properties

Property Details for 409 North 1st Street

Parking Features
Carport
Architectural Style
Bungalow
Zoning
Medium Density Residential
View Description
Other

Location

Listing Courtesy of Mountain Valley Properties, George Mac Master, DRE #01184629
Add your commute
LISTING UPDATED: 02/10/2024 12:30 PM

Property Details for 409 North 1st Street

StatusActive
MLS #223112124
Days on Compass158
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / 5 or More Units
Year Built1945
Lot Size1.13 AC / 49,222 SF
CountyStanislaus County

Location

Listing Courtesy of Mountain Valley Properties, George Mac Master, DRE #01184629
Add your commute

Building Information for 409 North 1st Street

Stories1Residences-Year Built1945Building Size-Lot Size1.13 AC / 49,222 SF

Payment Calculator

$11,356 per month

30 year fixed, 7.25% Interest

Principal and Interest

$10,890

Property Taxes

$466

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 409 North 1st Street

Summary
Location and General Information
  • Area/District: 20308
  • Area Short Display: 20308
  • Cross Street: Washburn
  • City: Patterson
  • County: Stanislaus
  • State: CA
  • Zip Code: 95363
  • Zip Plus 4: 2446
  • Directions to Property: From Interstate 5 take Sperry Avenue to (L) First Street travel North Property is on the right.
Taxes and HOA Information
  • APN: 047-032-001-000
  • City Transfer Tax Rate: .00%
  • County Transfer Tax Rate: .00%
  • Association: No
  • Association Fee: $.00
School Information
  • School District (County): Stanislaus
  • Elementary School District: Patterson Joint
  • Middle or Junior School District: Patterson Joint
  • Senior High School District: Patterson Joint
Parking
  • Covered Spaces: 10
  • Independent Parking Spaces: 0
  • Carport Spaces: 10
  • Garage Spaces: 0
  • Total Parking Spaces: 20
  • Tandem Parking Spaces: 0
  • Open Parking Spaces: 10
Virtual Tour
  • Virtual Media Count: 0
Property
Lot Information
  • Year Built Source: Owner
  • Lot Size Acres: 1.13
  • Lot Size Source: Assessor Auto-Fill
  • Lot Size Square Feet: 49223.0
  • Lot Features: Shape Regular
Property and Assessments
  • Irrigation: None
  • Year Built: 1945
  • Picture Count: 4
  • Photos Provided By: Seller
  • Elevation: 0
  • Units Furnished: None
  • Property Disclaimer: All measurements and calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. <BR> All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. <BR> Copyright</A> &copy; 2024, MetroList Services, Inc. <BR> Any offer of compensation in the real estate content on this site is made exclusively to Broker Participants of the MetroList® MLS & Broker Participants of any MLS with a current reciprocal agreement with MetroList® that provides for such offers of compensation.
  • Signs: Yes
  • Census Tract: 32.01
  • Actual or Scheduled: Scheduled
Green Features
  • Green Verification Year: 0
Utilities
  • Separate Meters: None
  • Sewer: In & Connected
  • Utilities: Electric
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Loading: Other
  • # of Floors: 1
  • # of Guest Space(s): 0
  • # Of Buildings: 10
  • Construction Materials: Frame
  • Foundation: Slab
  • Stories: 1
  • Levels: One
  • Patio And Porch Features: Other
  • Window Features: Other
  • Roof: Composition
Interior Features
  • Heating: Wall Furnace
  • Appliances: Free Standing Gas Oven, Free Standing Gas Range, Gas Water Heater
  • Laundry Features: Other
  • Basement: None
  • Cooling: Wall Unit(s)
  • Other Equipment: None
  • Flooring: Tile
  • # of Rooms: 0
Room Information
1 Bedroom Unit
  • # of 1 Bedroom Units: 0
  • 1 Bedroom Annual Occupancy: .00%
  • # of 1 Bedrooms Occupied: 0
2 Bedroom Unit
  • # of 2 Bedroom Units: 0
  • 2 Bedroom Annual Occupancy: .00%
  • # of 2 Bedrooms Occupied: 0
3 Bedroom Unit
  • # of 3 Bedroom Units: 0
  • 3 Bedroom Annual Occupancy: .00%
  • # of 3 Bedrooms Occupied: 0
4 Bedroom Unit
  • # of 4 Bedroom Units: 0
  • 4 Bedroom Annual Occupancy: .00%
  • # of 4 Bedrooms Occupied: 0
Multi Family
Multi-Family Information
  • # Commercial Units: 0
  • Total # Owner Occupied: 0
  • # Studios Occupied: 0
  • # of Studio Units: 0
  • # Of Units Total: 0
  • Total # Leasable: 10
  • Other Unit(s): Detached Cottage
Unit 1
  • Unit 1 Bedrooms: 0
  • Unit 1 Full Baths: 0
  • Unit 1 Partial Baths: 0
  • Unit 1 Rent: $.00
  • Unit 1 Approx SqFt: 0.0
  • Unit 1 # of Rooms: 0
Unit 2
  • Unit 2 Bedrooms: 0
  • Unit 2 Full Baths: 0
  • Unit 2 Partial Baths: 0
  • Unit 2 Rent: $.00
  • Unit 2 Approx SqFt: 0.0
  • Unit 2 # of Rooms: 0
Unit 3
  • Unit 3 Bedrooms: 0
  • Unit 3 Full Baths: 0
  • Unit 3 Partial Baths: 0
  • Unit 3 Rent: $.00
  • Unit 3 Approx SqFt: 0.0
  • Unit 3 # of Rooms: 0
Unit 4
  • Unit 4 Bedrooms: 0
  • Unit 4 Full Baths: 0
  • Unit 4 Partial Baths: 0
  • Unit 4 Rent: $.00
  • Unit 4 Approx SqFt: 0.0
  • Unit 4 # of Rooms: 0
  • Unit 4 Type: Apartment
Income & Expenses
  • Income Includes: Other
  • Operating Expense Includes: Other
Rental
Rent Information
  • Lease Deposit: 0.0
  • Studio Annual Occupancy: .00%
  • Tenant Pays: Other

Property History for 409 North 1st Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 409 North 1st Street

Taxable ValueLand$220,951Additions$245,596Total$466,547
Tax Record2023$5,592 ($466 / month)
Home Facts
Baths10Total Finished SqFt753 SqFtAbove Grade Finished SqFt753 SqFtLot Size49,222 SqFtStyleMulti-Family Dwelling (2-4)Year Built1945CountySTANISLAUSAPN047-032-001-000

Schools near 409 North 1st Street

This home is within Patterson Joint Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Walnut Grove Elementary School
PublicK to 8

Creekside Middle School
Public6 to 8

Patterson High School
Public9 to 12

Del Puerto High School
Public9 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.

Similar Homes

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Similar Sold Homes

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409 North 1st Street is a multi-family home for sale in Patterson, CA 95363. This property was listed for sale on November 22, 2023 by Mountain Valley Properties, it's currently listed at $1,995,500. This listing's school district is Patterson Joint Unified School District. Nearby schools include Walnut Grove Elementary School, Creekside Middle School and Patterson High School. 409 North 1st Street is a 0-bed, 0-bath, multi-family home built in 1945.

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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Mountain Valley Properties, George Mac Master, DRE #01184629

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