For Sale
$1,895,000

1080 Memorial Dr Hollister, CA 95023

Four-unit apartment building, strong ROI.

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
136
This well-maintained fourplex at 1080 Memorial Drive, Hollister, CA 95023 (APN 056-340-013) presents a compelling investment opportunity. Built in 1985 and boasting a desirable medium-density residential zoning, this two-story building offers four units, each with its own attached garage and private backyard. Units A and D feature four bedrooms and 2.5 bathrooms, while Units B and C offer two bedrooms and 2.5 bathrooms. The property underwent a remodel in 2017 and enjoys a prime location, adjacent to and across from Veterans Memorial Park, and within easy reach of Hollister's main shopping district. All four units are currently tenant-occupied, generating a strong Net Operating Income (NOI) of $97,454, resulting in a 5.14% capitalization rate. The asking price is $1,895,000. Unit D benefits from a slightly larger backyard and a spacious semi-private front area. This property offers a blend of convenience, attractive features, and strong financial performance, making it an ideal addition to any investment portfolio.

Property Details for 1080 Memorial Dr

Property type
Apartment buildings
Year Built
1985
Stories
2
Units
4

Location Insight

City
Hollister
County
San Benito
State
California
Latitude
36.8440649
Longitude
-121.3843583

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FAQs

What type of property is this?
Apartment building - Four-unit apartment building, strong ROI.
Where is the apartment building located?
The property is located at 1080 Memorial Dr Hollister, CA.
What is the asking price?
The asking price for this property is $1,895,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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Contacts

Michael Brigantino
Michael Brigantino
Visit Broker Website

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Memorial Dr
Hollister, CA 95023

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Hollister, CA 95023

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

1080 Memorial Dr
  • Michael Brigantino
    Michael Brigantino
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