Rare opportunity to purchase a cash flowing investment property with nearly 10% cap and upside potential, in the beautiful town of Ripon. Known around the area as the gem of the Central Valley, Ripon combines the charm and security of a small town, with access to Modesto, Stockton, the Bay Area and Beyond. This property has easy access to Hwy 99, close proximity to shopping and other services and is within easy walking distance to two great schools. Both units are fully occupied with great tenants that wish to remain. Both units have been remodeled inside/out within the past 24 months. Upgrades include granite countertops in the kitchen, tile as well as laminate flooring. This property also benefits from a full repaint inside/out, new appliances, ceiling fans, updated landscaping and irrigation. With the limited investment opportunities available in this great town, you'll want to take a look today!
Off market
$584,300
435 Ripona Ave, Ripon, CA 95366
4beds
0baths
1,852sqft
MultiFamily
Built in 1986
-- sqft lot
$584,300 Zestimate®
$315/sqft
$2,496 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 0
Heating
- Forced air, Electric
Cooling
- Central
Appliances
- Included: Dishwasher, Garbage disposal, Microwave, Range / Oven, Refrigerator
Features
- Ceiling Fan(s)
- Flooring: Tile, Carpet, Laminate
Interior area
- Total interior livable area: 1,852 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage - Attached
Features
- Exterior features: Stucco
Lot
- Size: 5,749 sqft
Details
- Parcel number: 261110250000
- Zoning: R-2
Construction
Type & style
- Home type: MultiFamily
Materials
- wood frame
Condition
- Year built: 1986
- Major remodel year: 2019
Utilities & green energy
- Electric: 220 Volts
- Utilities for property: Cable Available
Community & neighborhood
Location
- Region: Ripon
Other
Other facts
- Flooring: Carpet, Tile, Laminate
- Appliances: Dishwasher, Disposal, Microwave, Free-Standing Refrigerator, Free-Standing Gas Range
- InteriorFeatures: Ceiling Fan(s)
- GarageYN: true
- HeatingYN: true
- Utilities: Cable Available
- NumberOfUnitsTotal: 2
- CoolingYN: true
- Electric: 220 Volts
- TenantPays: Cable TV, Electricity
- Zoning: R-2
- ConstructionMaterials: Frame, Stucco, Lap Siding
- OpenParkingSpaces: 0
- NumberOfBuildings: 1
- YearBuiltEffective: 2019
- NumberOfUnitsLeased: 2
- CoveredSpaces: 0
- Cooling: Central Air
- ParkingFeatures: Garage, +1 Space Per Unit
- Heating: Central
- Roof: Comp Shingle
- MlsStatus: Pending Sale
Services availability

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