6767 California StWinton, CA 95388

Property Details for 6767 California St

Year built

1981

Property size (Sq ft)

2,544 SF

Property type

Residential income properties

Property subtype

Multifamily properties

Description

This exceptional 42-unit apartment building, located at 6767 California St, Winton, CA 95388, presents a compelling investment opportunity. Boasting a substantial 82,764 square foot lot, this property offers significant potential for future development or expansion. Built in 1981, the building comprises 2,544 square feet and features 42 units, each a one-bedroom, one-bathroom apartment. The property's current asking price is $3,822,000, translating to $91,000 per unit and $1,502.36 per square foot. The property enjoys a current cap rate of 6.39%, with a pro-forma cap rate projected at 11.17%. Conveniently located in Merced County, the property benefits from onsite laundry facilities, generating additional revenue streams for the owner. The property's APN is 146-173-022-000. This multifamily investment offers a strong return on investment in a thriving California community. The property's size and unit count provide a solid foundation for long-term growth and profitability. This is an ideal opportunity for investors seeking a stable and high-yielding asset in a desirable location. Serious inquiries are encouraged.

Location Insight

City

Winton

County

Merced

State

California

Latitude

37.3859

Longitude

-120.609

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

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.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].