980 Indiana Street, Woodbridge, CA 95258 | MLS 224046397 | Listing Information | Jan Sherman LodiHomesForSale.net ShermanAndAsssocitaes.com | Real Estate Expert Skip to main content
Jan Sherman
(209) 712-4183    Login or Register
FOR SALE
$1,700,000

980 Indiana Street
Woodbridge, CA 95258    Directions

Ranch, Multi-Family
Residence
9
Beds
4
Baths
1.06
Acre Lot
Bed Icon
9
Beds
Bath Icon
4
Baths
Lot Size Icon
1.06
Acre Lot
Courtesy: eXp Realty of California Inc
Home> California> Woodbridge> 95258
Very Rare Woodbridge 8 TOTAL UNITS PORTFOLIO SALE Plus 1900 Sqft Shop w/office and storage yard all for $ 1.7 MILLION. Total Current income is $173,400 With a current GRM of 9.8! The portfolio includes 4 contiguous parcels totaling just over 1 Acre of land. The buildings are as follows (See buildings map & Details in attachments) : 1 Triplex , 1 Duplex, 2 single Family homes one is a 3 bdrm 1 bath approximately 1100 sqft with a detached studio unit, and one is a 2 bdrm, 1 ba approx.. 970 sqft. The final building in the portfolio is a large Tradesman Shop that is approximately 1900 sqft with a office and large door that opens to accommodate larger items. The shop also has a large fence in storage yard. That can easily accommodate more than a dozen vehicles or storage for a business or the new owner. (See attachments for a current rent roll and Market Rent Report that suggests plenty of additional upside potential) On the rent roll we have penciled in $1000 a month for the shop since the seller is willing to rent back for 6 months, but it was previously rented at $2500 a month. At full market rents for all units and the shop we see an annual gross income of over $200,000 per year and a GRM in the high 8's!
224046397
Residential - Ranch, Multi-Family, Ranch, Contemporary, Cottage, 1 Story
9
4 Full
1993
San Joaquin
1.06 Acres
Public
1
Metal,Stucco,Wood
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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Courtesy: Ron Benning, eXp Realty of California Inc
Agent License: 01058898

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All measurements and all calculations of area (i.e., Sq Ft and Acreage) are approximate. Broker has represented to MetroList that Broker has a valid listing signed by seller authorizing placement in the MLS. Above information is provided by Seller and/or other sources and has not been verified by Broker. Copyright 2021 MetroList Services, Inc. Based on information from MetroList Services, Inc. IDX provided by Constellation Web Solutions.
Courtesy: eXp Realty of California Inc
Metrolist Services, Inc logo
All measurements and all calculations of area (i.e., Sq Ft and Acreage) are approximate. Broker has represented to MetroList that Broker has a valid listing signed by seller authorizing placement in the MLS. Above information is provided by Seller and/or other sources and has not been verified by Broker. Copyright 2021 MetroList Services, Inc. Based on information from MetroList Services, Inc. IDX provided by Constellation Web Solutions.
This content last refreshed on 7/13/2024 1:54 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.
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