3836 El Camino Ave, Ceres, CA 95307, Ceres, 95307 - 0 bed, 0 bath
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3836 El Camino Ave
Ceres, CA 95307
ACTIVE
CONDITION: EXCELLENT
0Beds
0Baths
6,000Sq Ft
29,185Lot Size
Property Price
LIST PRICE$2,150,000
SUMMARY
Rare 12-unit + RV occupant multifamily investment opportunity in Ceres. 10/11 units currently leased residentially, 1 unit rented as on-site storage (Unit 2), and 1 RV occupant paying monthly rent (Unit 12) — all across 7 buildings on one parcel. Residential unit mix includes eight 2BD/1BA units, two studios, and one 1BD. Unit 2 has plans ready for submission to build out a full 2-bedroom unit, adding significant new rental income. Current gross scheduled rent of approximately $221,400/year, with additional income from garbage reimbursements. Rent increases eligible on Units 7 and 11. Tenants pay their own electric on separate meters, reimburse $30/month for garbage, and split the water bill proportionally. Owner has invested $500,000+ in capital improvements, including full roof replacements across all buildings and extensive interior renovations across nearly all units. Priced for a value-add investor or 1031 exchange buyer. Financials, rent roll, and disclosure package available to qualified buyers.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Despite its 1946 original build date, the property qualifies for an Excellent rating due to a recent capital investment of over $500,000. This includes full roof replacements across all buildings and extensive interior renovations across nearly all units. Visual evidence from Unit 1 shows a completely modernized bathroom with a new vanity, contemporary black fixtures, new flooring, and fresh paint, confirming a high-quality, turn-key renovation completed within the last 5 years.
PROSSTRENGTHS & OPPORTUNITIES
- Extensive Capital Improvements
With over $500,000 recently invested in full roof replacements and interior renovations across nearly all units, the property minimizes immediate CapEx requirements for a new owner.
- Immediate Value-Add Potential
The property includes ready-to-submit plans to convert Unit 2 into a full 2-bedroom unit, offering a clear and direct path to increasing the gross scheduled rent and overall asset valuation.
- Favorable Utility Reimbursement
Operating efficiency is maximized through separate electric meters and a structured reimbursement system for water and garbage, significantly reducing the owner's utility overhead.
CONSRISKS & DEFICIENCIES
- Vintage Construction
Built in 1946, the property may possess aging underlying infrastructure or systems typical of older builds that could require long-term maintenance despite recent surface renovations.
- Non-Standard Tenancy Components
The inclusion of an RV occupant and a unit currently utilized for storage may present challenges for traditional financing and requires specialized management oversight.
About 3836 El Camino Ave
Property Details
Public Facts
- Property Type
- Residential Income
- Year Built
- 1946
- Lot Size
- 29,185 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Pricing History
Listed for Sale
Oct 19, 2026
$2,150,000
$2,200,000
-2% Price Drop
Initial Listing
Price Change
Sep 28, 2026
$2,200,000
Initial Listing
Sold
Jan 20, 2023
$1,000,000
Public Record