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19465 Meekland Ave
Cherryland, CA 94541 Cherryland

$3,925,000 USD

Apartments For Sale  •  9,877 SF

Property Details

  • Property Type Apartments
  • Total Building Size 9,877 SF
  • Lot Size 0.79 AC
  • Building Class C
  • Year Built 1957
  • Cap Rate 6.83 %
  • Zoning C1
0 Transit Score
64 Walk Score

Highlights

New roofs on every building except one, immaculate, well-cared for complex with many improvements
Spacious floorplans with primarily three-bedroom and two-bedroom units with washer/dryer hook-ups.
Large patios for most units. Every unit has highly renovated kitchens and bathrooms except 1bed/1bath (longer-term tenant).
Two separate parcels of 5 & 7 units per county records with total of 0.79 acres.
Ample parking with thirty-seven total parking spaces.
Separately metered for PG&E, with utility bill-back via. “Livability” for water and trash.

Property Flyers

Financial Summary (Actual)

Net Operating Income: $268,509 USD (2024)
Cap Rate: 6.83 %
Total Expenses: $89,068 USD

Amenities

  • Smoke Free
  • Storage Space

Public Transportation

Commuter RailDriveWalkDistance
3 min - 1.2 mi
3 min - 1.2 mi
AirportDriveWalkDistance
Metro Oakland International 14 min - 8.5 mi
San Francisco International 33 min - 24.0 mi
Norman Y Mineta San Jose International 38 min - 28.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 37
Type: Surface
Included in Rent: Yes
Jon Holmquist 415-625-2117 Jon Holmquist
Jon Holmquist 415-625-2117 Jon Holmquist