Patterson, CA 95363 805 Ashwood Lane

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Presented By: Joyce Goldstein with CB Richard Ellis L.A. North Universal City;
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# 24356021
  • 02/07/2024
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Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 7
  • Baths • 6
  • SQFT • 3,950
  • Garage • 3

Home Details

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.
Presented By: Joyce Goldstein with CB Richard Ellis L.A. North Universal City;

Interior Features for 805 Ashwood Lane

Bedrooms

Total Bedrooms7

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths6

Other Interior Features

LivingAreaSourceAssessor
Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
FlooringCarpet
Heating Y/NYes
Interior AmenitiesCeilingFans
Total Stories2

General for 805 Ashwood Lane

Additional Parcels Y/NNo
AppliancesDishwasher, Refrigerator, Dryer, Washer
Attached Garage No
Buyer FinancingCash
Cap Rate2.37
Carport Y/NNo
CityPatterson
CountyStanislaus
DirectionsMerge 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
Electric On Property Y/NNo
Full Baths
Garage Spaces3.0
Garage Y/NYes
Gross Income60000.0
HOANo
HeatingHeatPump
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet7418.0
Lot Size UnitsSquareFeet
MLS AreaSTCK - Stockton
MobileHomeRemainsYNNo
Net Operating Income34439.0
New ConstructionYes
Number Of Units Total3
Pool FeaturesNone
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Waterfront Y/NNo
Year Built2023
Year Built SourceAssessor

Exterior for 805 Ashwood Lane

Building Area Total3950.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.1703
Lot Size Area7418.0
Lot Size SourceAssessor
Number of Buildings3
Number of Separate Electric Meters3
Number of Separate Gas Meters3
Open Parking Y/NNo
Parking FeaturesDoorMulti, Garage
Private PoolNo
SpaNo
Total Parking3.0

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $1,450,000
MLS#24356021
List Date 02/07/2024
Property Type Multi-Family
Phone 714.742.6515
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