
Oakdale, CA 95361
Analysis of 4628 Patterson Rd., Oakdale, CA 95361 is currently available with a list price of $1,150,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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 moderate renovation needed.
The property is a 1964 build (60 years old) with a mix of conditions. While the listing mentions one unit is new construction (Excellent), the provided interior photos of the other units show dated bathrooms with older square tiling and fixtures likely over 20 years old. The exterior systems and solar indicate functional maintenance, but the older units require cosmetic and fixture updates to meet modern standards.
The property features four residential units plus six additional storage units, offering multiple income sources and high cash flow potential for investors.
One unit is a newly constructed build featuring fully paid-off solar panels, significantly reducing utility overhead and increasing long-term value.
Situated on over half an acre, the generous lot size provides rare space for a multi-family property, offering privacy and potential for future site improvements.
With the original structures dating back to 1964, the property may require higher maintenance budgets or capital improvements for the older units to match the new construction's standard.
At a list price of $1.15M, the property represents a significant investment for the Oakdale area, requiring optimized rental rates to achieve desired cap rates.
Attention Investors! Welcome to 4628 Patterson Rd. Oakdale Ca. an exceptional multi-family property. Offering incredible cash flow potential and long-term value. Located in the heart of Oakdale and Riverbank, Ca. This property is a Fourplex each unit is a 2 bed 1 bath with 6 additional units for storage. One Duplex is New Construction with Solar paid. This income generating asset is perfect for seasoned portfolios or a savvy buyer looking to live in one unit and rent out the rest.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.0 |
| Baths | 0.0 | 2.5 |
| Square foot | 1,512 | 1,722.5 |
| Lot Size | 28,749 | 7,400.5 |
| Price | $1.15M | $550.5K |
| Price per sq ft | $761 | $335 |
| Built year | 1964 | 1946 |
| HOA | $0 | $0 |
| Days on market | 34 | 70 |
Aug 6, 2026
$1,150,000
Initial Listing