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13438 East State Route 88 Highway $475,000

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    13438 East State Route 88 Highway Lockeford, CA 95237

    • Commercial
    MLS# 19044015 | Active
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    Property Details

    Three units on one APN. Commercial Building - Barber Shop (620 SF) $450/mo. 1-story Triplex (1,500 SF) East unit $575/mo 1-bdrm & 1-bath. Middle unit $575/mo Studio w/garage. West unit $595/mo Studio w/garage. 2-story Triplex (2,400 SF) A -Front unit $575/mo studio, B-Top unit $1,000/mo huge 1-bdrm & 1-bath w/enclosed porch, C-Back unit $895 1-bdrm & 1-bath. Total Income $4,640/mo. Monthly expenses: water/sewer $230, Dumpster $145, Insurance $143, Prop Taxes $412 Total expenses $930. Net Income $3710. GRM=10, CAP 8.5. 2-story Triplex includes newer roof-approximately 3-years. All 7 units are fully rented in downtown Historic city of Lockeford, CA. Older buildings, well maintained with low rents makes this property a good investment.

    • General Features
      • Lease Terms Month to Month
      • Other Expenses Other-Rmks, Other-Attch
      • Year Built 0
      • County Commercial
    • Building Features
      • Air Conditioning Refrig Wall Units
      • Heat Furnace Wall
      • Amenities 1 Restroom Per Unit
      • Construction Frame
      • Door None
      • Miscellaneous Other-Rmks, Other-Attch
      • Loading Other-Rmks
      • Roof Description Comp Shingle
      • Floor Carpet Partial, Carpet Wall to Wall, Tile, Wood Sub-Floor
      • Exterior Frame
    • Property Features
      • Location Highway Exposure, Highway Frontage
      • Parking +1 Space Per Unit, Carport

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    Neighborhood

    95237 (Lockeford) Demographics

    39Median Age
    391Population Density (per sq. mile)
    23%College Educated
    $52,450 Estimated Median Income
    811Estimated Total Home Owners
    330Estimated Total Renters
    71% / 29%Estimated Owner / Renter Divide
    1Estimated Average Household Size
    3,124Total Population
    Community data courtesy of LiveBy, Inc.

    Property History

    Date Event Price Percent Change
    -- Current Price Source New Value: $475,000
    6/21/2019 6:45:00 PM New in Database Source

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    Information is provided in part by the IDX program of METROLIST SERVICES, INC. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listing information last updated 12/9/2019 3:51:34 PM. All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Terms of Use