219 S 2nd Avenue, Oakdale, CA 95361, Oakdale, 95361 - 8 bed, 4 bath
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Oakdale, CA 95361
Analysis of 219 S 2nd Avenue, Oakdale, CA 95361 is currently available with a list price of $925,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Oakdale Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is move-in ready.
This 1965 fourplex is classified as Good due to significant recent capital improvements and partial extensive renovations. Half of the units have been fully modernized with stainless steel appliances, vinyl plank flooring, and updated kitchens and bathrooms. Additionally, the property features a newer roof (2017) and a newly paved parking lot, meeting the 'move-in ready' and 'well-maintained' criteria for this score.
The property features a 2017 roof, a newly paved parking lot, and two fully renovated units with stainless steel appliances and modern finishes, significantly reducing immediate CAPEX needs.
This fully leased fourplex includes separately metered utilities and on-site coin-operated laundry, providing stable cash flow while minimizing owner utility overhead.
Situated in the heart of Oakdale near downtown, schools, and parks, the property is positioned in a high-demand submarket ensuring long-term occupancy stability.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6752, other record lot size in square feet = 6534. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 8, other record bedroom count = 2.
Only 50% of the units have been modernized, meaning the remaining two units will eventually require capital investment to match the renovated units' market rent potential.
Built in 1965, the property may have aging underlying systems in the unrenovated sections that could necessitate future repairs or modernization compared to newer builds.
Outstanding investment opportunity in the heart of Oakdale! This fully leased fourplex offers a rare blend of stable income and recent capital improvements, making it perfect for both seasoned investors and first-time multifamily buyers. The property features a newly paved parking lot with ample off-street parking, ensuring long-term tenant satisfaction and curb appeal. Two of the four units have been completely renovated with brand-new stainless steel appliances, modern vinyl plank flooring, fresh interior paint, and fully updated kitchens and bathrooms, creating a contemporary and comfortable living experience. The remaining two units are well-maintained, and all units are separately metered. Additional features include a brand new roof installed in 2017, coin-operated laundry for added income, and a strong rental history with long-term tenants. Located just minutes from downtown Oakdale, parks, schools, and local amenities, this property combines convenience, durability, and reliable cash flow. Don't miss this turn-key asset in one of Stanislaus County's most desirable submarkets.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 8.0 | 7.0 | 50% |
| Baths | 4.0 | 2.5 | 50% |
| Square foot | 3,840 | 1,948 | 75% |
| Lot Size | 6,752 | 7,048 | 25% |
| Price | $925.0K | $642.5K | 75% |
| Price per sq ft | $241 | $238 | 50% |
| Built year | 1965 | 1976 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 79 | 143 | 25% |
Feb 2, 2026
$925,000
Initial Listing