Share This Listing

Message

947 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Investment Highlights

  • Located in the highly desirable city of Ripon.
  • Walking distance to downtown and schools.
  • Large home and duplex.
  • Property Cash Flows $5,600 Gross Income Per Month

Executive Summary

Exceptional opportunity to own a rare 3-unit property in the heart of Ripon! Currently grossing $5,800 per month! Ideally located with the elementary and high schools directly across the street and within walking distance to downtown Ripon, this versatile property offers strong rental appeal, long-term appreciation, and an ideal setup for owner-occupancy. The property consists of a single-story single-family residence plus a duplex, totaling three units. Unit 1 is a spacious 3-bedroom, 2-bath home offering approximately 1,500 square feet of living space. This home features updated luxury vinyl plank flooring throughout the main living areas, updated ceiling fans, and a remodeled kitchen with white cabinetry, granite countertops, and stainless-steel appliances. Additional highlights include an inside laundry room, a well-appointed primary suite with private vanity and shower, and two front bedrooms connected by a full Jack-and-Jill bathroom. The home also offers a private side yard and an oversized detached garage, providing excellent storage and parking. Units 2 and 3 make up the duplex and are each approximately 900 square feet, featuring 2 bedrooms, 1 bathroom, indoor laundry, and good-sized private yard space. In addition, the duplex units share covered parking and a common recreation space, enhancing functionality and tenant appeal. Each unit is separately livable with desirable layouts and outdoor access. With three separate units, multiple yard areas, covered parking, on-site laundry, and a prime central Ripon location, this property presents a rare opportunity for investors seeking a stable income property or buyers looking to live in one unit while generating rental income from the others. Convenient access to schools, shopping, dining, and community amenities makes this an outstanding long-term investment.

Financial Summary (Actual - 2025) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2025) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $1,279,784 CAD
Price Per Unit $426,595 CAD
Sale Type Investment
Sale Condition 1031 Exchange
No. Units 3
Property Type Multifamily
Property Subtype Apartment
Apartment Style Single-Family Home
Building Class B
Lot Size 0.28 AC
Building Size 3,100 SF
Average Occupancy 100%
No. Stories 1
Year Built 1917
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
259-060-54
Land Assessment
$163,365 CAD
Improvements Assessment
$404,338 CAD
Total Assessment
$567,703 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
  • Listing ID: 40132896

  • Date on Market: 2026-04-13

  • Last Updated:

  • Address: 150 N Acacia Ave, Ripon, CA 95366

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}