809 Ashwood Lane

Patterson, CA 95363

$1,450,000
Price
7
Beds
6
Baths
4,004 Sq. Ft.
$362 / Sq. Ft.
4,004
Sq. Ft.
$362
per Sq. Ft.

Description

We are pleased to present the Triplexes at the Villages of Patterson, a brand-new, 16-building, luxury triplex community, for sale. Each of the triplexes feature beautiful finishings, in-unit washer/dryers, private patios, attached garages, and spacious floorplans. This multifamily acquisition opportunity is located in a master-planned community, the Villages of Patterson, in the rapidly growing city of Patterson, California. The Villages of Patterson, which is in various stages of development, includes...We are pleased to present the Triplexes at the Villages of Patterson, a brand-new, 16-building, luxury triplex community, for sale. Each of the triplexes feature beautiful finishings, in-unit washer/dryers, private patios, attached garages, and spacious floorplans. This multifamily acquisition opportunity is located in a master-planned community, the Villages of Patterson, in the rapidly growing city of Patterson, California. The Villages of Patterson, which is in various stages of development, includes single family, townhomes, apartments, and triplex sites. This master-planned community has attracted interest from national single-family home builders, with both KHovnanian and KB Homes building in the Project and selling more than 325 homes in the area, and with land holdings for an additional 300 home sites under development. Each of the sixteen triplex buildings is approximately 4,000 sf and features two, 2-bedroom, 2-bathroom townhome-style units and one, 3-bedroom, 2.5-bathroom townhome-style unit. Most of the units were immediately leased upon completion. Each triplex is on a separate parcel and can be purchased individually or as a portfolio. Electricity is paid directly by the tenants; water and trash are billed to the landlord and reimbursed by the tenants. These triplexes are an ideal opportunity for a first-time investor, or an owner-user looking to occupy one unit and rent the others, or to provide housing to a multi-generational/extended family.
  1. Listed by Joyce Goldstein • DRE #01903737 • Brokerage DRE #00868409 • CB Richard Ellis L.A. North Universal Ci

Property Details for 809 Ashwood Lane

Parcel Number
047075003000
Total Units
3.0
Living Area
4004
Source Living Area
Assessor
Area
Stockton (STCK)
Vacancy Rate
0
Lot Size Area
7344
Source Lot Size Area
Assessor

Location

Listing Courtesy of CB Richard Ellis L.A. North Universal Ci, Joyce Goldstein, DRE #01903737
Add your commute
LISTING UPDATED: 02/15/2024 11:04 AM

Property Details for 809 Ashwood Lane

StatusActive
MLS #24-356067
Days on Compass82
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2023
Lot Size0.17 AC / 7,344 SF
CountyStanislaus County

Location

Listing Courtesy of CB Richard Ellis L.A. North Universal Ci, Joyce Goldstein, DRE #01903737
Add your commute

Building Information for 809 Ashwood Lane

Stories2Residences-Year Built2023Building Size-Lot Size0.17 AC / 7,344 SF

Payment Calculator

$8,148 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,913

Property Taxes

$235

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 809 Ashwood Lane

Community / Development
Community / Development
  • Number Of Units: 3
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Assessor
  • Number Of Stories: 2
  • Number Of Buildings: 3
  • Type Of Units: 3
  • Water: Public
  • Water Heaters: Yes
Contract Info
Contract Info
  • Financing: Cash, Cash To New Loan
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $100,800
  • Net Operating Income: $70,199.00
  • Gross Income: $100,800
  • Cap Rate: 4.84%
  • Gross Rent Multiplier: $14.38
  • Vacancy Allow Percent: 5.00%
  • Total Annual Expense: 25561
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1686
  • Lot Size Square Feet: 7344
  • Lot Description: Curbs, Sidewalks
Parking Details
Parking Details
  • Parking Garage: Garage - 2 Car
  • Total Parking: 3
  • Garage Spaces Total: 3
  • Parking Features: Garage - Two Door
Interior Features
Interior Features
  • Levels: Two
  • Cooling Type: Other
  • Heating: Heat Pump
  • Heating Type: Heat Pump
  • Flooring: Carpet, Vinyl Plank
  • Equipment: Ceiling Fan, Dishwasher, Dryer, Washer, Refrigerator, Range/Oven
  • Interior Features: Ceiling Fan(s)
  • Laundry: In Unit
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • Entry Location: Main Level
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 02-07-2024
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,600.00
  • Unit Actual Rent: $2,600.00
  • Unit Projected Rent: $2,700.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,500.00
  • Unit Actual Rent: $2,500.00
  • Unit Projected Rent: $2,700.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 3
  • Unit Baths: 3
  • Unit Furnished: No
  • Unit Rent: $2,800.00
  • Unit Actual Rent: $2,800.00
  • Unit Projected Rent: $3,000.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108
  • Number of Carpet: 3
  • Number of Dishwasher: 3
  • Number of Disposal: 3
  • Number of Electric Meters: 3
  • Number of Gas Meters: 3
  • Number Rented Garages: 3
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $.00
  • Assessed Improvement Percent: 0.0
  • Assessed Land Value: $.00
  • Assessed Land Percent: 0
  • Assessed Total Value: $.00

Property History for 809 Ashwood Lane

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 809 Ashwood Lane

Taxable ValueLand-Additions-Total-
Tax Record2023$2,816 ($235 / month)
Home Facts
Lot Size7,344 SqFtStyleMulti-Family Dwelling (2-4)CountySTANISLAUSAPN047-075-003-000

Schools near 809 Ashwood Lane

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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809 Ashwood Lane is a multi-family home for sale in Patterson, CA 95363. This property was listed for sale on February 6, 2024 by CB Richard Ellis L.A. North Universal Ci, it's currently listed at $1,450,000. 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. 809 Ashwood Lane is a 7-bed, 6-bath, 4,004 sqft multi-family home built in 2023.

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 CB Richard Ellis L.A. North Universal Ci, Joyce Goldstein, DRE #01903737

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.