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Sold on 04/29/2021
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416 B, Empire, CA 95319

  • $1,141,000

    Last sold 04/29/2021 for $950K

  • —

    bed

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    bath

Multi-family not for sale
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About 416 B

Property type Multi-family
Neighborhood
Year built 1964
HOA fee $0/month
Lot size 1.45 Acre
Movoto estimate
Rental estimate
Property description
9 units total. One house and 4 additional buildings of 2 units each. Long term tenants, with under market rents. Very large 1.45 acre lot. The house is a 2 bedroom, 2 bath approx. 1350 S.F. the balance are 2 bedroom, 1 bath approx. 650 S.F. All units are in good shape. Landlord pays for water/sewer/garbage, tenants pay for gas/electric. Each unit has its own gas & electric meter.You can't build additional units now due to the existing water main only being a 4 inch line, possible sewer issues and zoning. In the future if the water line was increased to an 8 inch line the potential to add additional units would increase greatly.
Listed by
Listing Agent - Ken Elving
Listing Office - Matel REALTORS
Source: Metrolist Services,Inc. mls logo
MLS#20075729 • last updated 4 years ago
Movoto checked Metrolist Services,Inc. for data Just now
Overview
Cooling/AC Window Unit(s)
Heating Wall Furnace, Varies By Unit
Levels/Style 0, Ranch
Type Residential Income
MLS # 20075729
Status Closed
SubType 5 Or More Units
Lot Size (Sqft) 63162
Lot Size (Acres) 1.45
Year Built 1964
Interior
Laundry Other
Flooring Varies By Unit
Appliances See Remarks
Exterior
Foundation Combination
Roof Composition
Construction Stucco, Frame, Wood
Parking Open
Lot Features Other
Irrigation Source Public District
Amenities / Utilities
Sewer/Septic Public Sewer
Water Source Public
Location
Elementary School District Empire Union
Middle School District Empire Union
High School District Modesto City
Directions Off Yosemite.
APN 133-003-027-000
Zoning Res
Multifamily Details
Total # of Units 9
Operating Expense Includes Professional Management, Property Tax, Depreciation, Repairs, Insurance, Trash, Utilities
Income Includes See Remarks
$1.14M
Range: $764K-$1.51M
Last 30 days 
Rental est.: $1,898/month
Gross rent multiplier: 41.7
  • Apr 2021
    mls logo MLS # 20075729
  • Apr 29, 2021 Sold
    $950,000 (-5.0%)
  • Feb 23, 2021 Pending
    —
  • Jan 5, 2021 Listed
    $999,500
  • 416 B
    $950K
  • Downtown Empire
    $357K +11% y/y
  • 95319
    $350K -29% y/y
  • Empire
    $379K -33% y/y
No chart available
Statistics calculated by Movoto

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2/10
Empire Elementary School
public Grades K-6
Empire Union Elementary School District
4/10
Norman N. Glick Middle School
public Grades 7-8
Empire Union Elementary School District
5/10
Peter Johansen High School
public Grades 9-12
Modesto City High School District
Source: GreatSchools.org © 2026. All rights reserved.

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