Rare 13-unit multifamily investment opportunity in Ceres. 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 completed 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. Scheduled rent increases on Units 7 and 11 effective November 1, 2026. 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.

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Property Details of 3836 El Camino Avenue

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Listed by Yusuf Nafey of Excel Realty

Based on information submitted to CRMLS as of October 3, 2026 12:11 AM UTC . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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