450 West Lowell Avenue

Tracy, CA 95376

$699,000
Price
Beds
951 Sq. Ft.
$735 / Sq. Ft.
951
Sq. Ft.
$735
per Sq. Ft.

Description

Unique Opportunity: Two Parcels with Expansion Potential This listing includes two parcels in one transaction. Parcel #233-064-13 has two duplexes (EACH 2 bedrooms, 1 bath, approx. 950 sq ft per unit). Parcel #233-064-03 offers potential for expansion, with space to add an additional unit or ADU. There is also an existing structure in the middle of the property that may be utilized. Don't miss this rare opportunity with plenty of room to grow. Some preliminary drawings for expansion are available.Unique Opportunity: Two Parcels with Expansion Potential This listing includes two parcels in one transaction. Parcel #233-064-13 has two duplexes (EACH 2 bedrooms, 1 bath, approx. 950 sq ft per unit). Parcel #233-064-03 offers potential for expansion, with space to add an additional unit or ADU. There is also an existing structure in the middle of the property that may be utilized. Don't miss this rare opportunity with plenty of room to grow. Some preliminary drawings for expansion are available.
  1. Listed by Lilian Soleimani • DRE #01135821 • Brokerage DRE #01455993 • Synoptic Real Estate Group • 408-314-7468
  2. Listed by Violet Varda • DRE #01511444 • Brokerage DRE #01455993 • Synoptic Real Estate Group

Property Details for 450 West Lowell Avenue

MLS City Name
TRACY
Building Type
DUPLEX
Garage Spaces
0
Parking Spaces
0
Cross Street
Bessie
LISTING UPDATED: 11/25/2024 03:20 AM

Property Details for 450 West Lowell Avenue

StatusActive
MLS #ML81983684
Days on Compass59
Taxes$6,900 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeRESIDENTIAL INCOME / DUPLEX
Year Built1948
Lot Size0.24 AC / 10,500 SF
CountySan Joaquin County

Building Information for 450 West Lowell Avenue

Stories1Residences2Year Built1948Building Size-Lot Size0.24 AC / 10,500 SF

Property Information for 450 West Lowell Avenue

Features
Features
  • Fireplace: No
  • Living SqFt: 951
  • Pool: No
  • Security Features: None
  • Special Features: None
Utilities
  • Cooling: Ceiling Fan, Central AC
  • Heating: Central Forced Air
  • Meters: Master Electric
  • Sewer Septic: Sewer - Public
  • Utilities: Individual Electric Meters
  • Water: Public
Carport and Parking
  • Carport Min: 0
Garage
  • Garage and Parking: Unassigned Spaces
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Area Text: Tracy
  • Roof: Composition
  • Subclass: Duplex
  • Year Built Source: Assessor
  • Street Number: 450
  • Street Name: Lowell
  • Street Direction Prefix: West
  • Street Suffix: Avenue
  • Area ID: 20601
Lot / Property Details
Building Information
  • Number Of Stories: 1
  • Number of Buildings: 3
  • Structure SqFt: 951
  • Structure SqFt Source: Assessor
  • Age: 76
Development Information
  • Construction Type: Wood
  • Ownership Type: Individual
  • Zoning Detail: Multi Family
Location Information
  • City Limits: Yes
  • Parcel Number: 233-064-03
  • County Name: San Joaquin
  • City Name: TRACY
  • City Postal ID: 204
  • Postal Code: 95376
  • Elementary School District: 2022
  • High School District Text: Tracy Joint Unified
Lot Information
  • Foundation: Crawl Space
  • Horse Property: No
  • Lot Acres: .24
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
Multi Family Information
Building Information
  • No Of Leased: 2
General Information
  • Annual Tax Amount: $6,900
  • Building Unit Total: 2
  • Capitalization Rate: 4.31
  • Tenant Expenses: Fee - Parking
  • Income Includes: Lease
  • Vacancy Factor: 1
Income / Expense Details
  • Expense Insurance: $1,500
  • Expense Landscape: $800
  • Expense Maintenance: $160
  • Expense Management: $3,293
  • Expense Trash: $600
  • Expenses Other: $0
  • Expenses Utility: $600
  • Expenses Total: $13,853
  • Operating Expenses Include: None
  • Gross Rent Multiplier: 15.74
  • Income Annual Gross: $43,068
  • Income Annual Rental: $44,400
  • Income Gross Scheduled: $44,400
  • Income Other: $0
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Half Bathrooms: 0
  • Unit 1 Number of Bedrooms: 2
  • Unit 1 Rent: $1,850
Unit 2 Information
  • Unit 2 Approx Square Footage: 950
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Half Bathrooms: 0
  • Unit 2 Number of Bedrooms: 2
  • Unit 2 Rent: $1,850
Unit Type 1
  • Unit Type1 Approx SqFt: 950

Property History for 450 West Lowell Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 450 West Lowell Avenue

Taxable ValueLand$137,957Additions$451,013Total$588,970
Tax Record2024$6,382 ($532 / month)
Home Facts
Baths1Total Finished SqFt951 SqFtAbove Grade Finished SqFt951 SqFtStories1Lot Size10,500 SqFtStyleDuplexYear Built1948Zoning07CountySAN JOAQUINAPN233-064-030-000

Schools near 450 West Lowell Avenue

This home is within Tracy Joint Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 5 to 8
Rating
School
Distance
Central Elementary School
PublicK to 5

Monte Vista Middle School
Public6 to 8

Tracy High School
Public9 to 12

Discovery Charter School
Charter5 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

450 West Lowell Avenue is a multi-family home for sale in Tracy, CA 95376. This property was listed for sale on October 14, 2024 by Synoptic Real Estate Group, it's currently listed at $699,000. It has been on the market for a total of 59 days and was last sold on September 4, 2020. This listing's school district is Tracy Joint Unified School District. Nearby schools include Central Elementary School, Monte Vista Middle School and Tracy High School. 450 West Lowell Avenue is a 0-bed, 0-bath, 951 sqft multi-family home built in 1948.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Synoptic Real Estate Group, Lilian Soleimani, DRE #01135821; Synoptic Real Estate Group, Violet Varda, DRE #01511444

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.