809 Ashwood Lane
Patterson, CA, 95363 $ 1,450,000
Bedrooms7 Baths6.0 Sq 4,004 Monthly Estimate*
$ 9,637
Listed by CB Richard Ellis L.A. North Universal Ci
for $1,450,000 with 7 bedrooms and 6 full baths. This 4,004 square foot home was built in 2023 on a lot size of 0.1686.
We are pleased to present the Triplexes at the Villages of Patterson, a brand-new, 16-building, luxury triplex community, for sale. Each of the triplexes feature beautiful finishings, in-unit washer/dryers, private patios, attached garages, and spacious floorplans. This multifamily acquisition opportunity is located in a master-planned community, the Villages of Patterson, in the rapidly growing city of Patterson, California. The Villages of Patterson, which is in various stages of development, includes single family, townhomes, apartments, and triplex sites. This master-planned community has attracted interest from national single-family home builders, with both KHovnanian and KB Homes building in the Project and selling more than 325 homes in the area, and with land holdings for an additional 300 home sites under development. Each of the sixteen triplex buildings is approximately 4,000 sf and features two, 2-bedroom, 2-bathroom townhome-style units and one, 3-bedroom, 2.5-bathroom townhome-style unit. Most of the units were immediately leased upon completion. Each triplex is on a separate parcel and can be purchased individually or as a portfolio. Electricity is paid directly by the tenants; water and trash are billed to the landlord and reimbursed by the tenants. These triplexes are an ideal opportunity for a first-time investor, or an owner-user looking to occupy one unit and rent the others, or to provide housing to a multi-generational/extended family.
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FeaturesGeneralInterior Features CeilingFans
Heating HeatPump
Appliances Dishwasher Refrigerator Dryer Washer
Garage Spaces 3.0
Pool Features None
Year Built 2023
Stories 2
Levels Two
Gross Income 100800.0
County Stanislaus
Net Operating Income 70199.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Garage Y/N Y
Special Listing Conditions Standard
Status Active
Buyer Financing Cash
Directions Merge onto I-5 N Exit Fink Rd Turn right onto Fink Rd Turn left onto Ward Ave Turn right onto M St Continue onto Walnut Ave Turn left onto Ashwood Ln
City Patterson
Entry Location Main Level
View Y/N N
Senior Community Y/N N
Total Units 3
MLS Area STCK - Stockton
Lot Size Square Feet 7344.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Ashwood
Spa Features None
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 9
Standard Status Active
Year Built Source Assessor
Cap Rate 4.84
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InteriorFlooring Carpet
Total Stories 2
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Full Baths 0
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Street Suffix Lane
Total Bedrooms 7
Electric On Property Y/N N
Total Baths 6
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ExteriorParking Features DoorMulti Garage
Total Parking 3.0
Lot Size Area 7344.0
Number of Buildings 3
Spa N
Building Area Total 4004.0
Lot Size Acres 0.1686
Lot Size Units SquareFeet
Lot Size Source Assessor
Number of Separate Gas Meters 3
Number of Separate Electric Meters 3
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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* Excluded FeaturesList ByCb Richard Ellis L.A. North Universal CiBroker
Affordability Calculator
- Monthly Principal & Interest
- $9,637
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Patterson, CA
Average List Price $1,389,438
Percent of Sale Price 4%
About Patterson, CA 21,611 Population
83% Since 2002
$ 53,974 Median Income
31.9 Median Age
47% Households with Children
Trends Information provided by ATTOM Data Solutions.
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
2/7/2024 | $1,450,000 | | Listed Price |