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$1,500,000
Est. payment /mo
19 Beds
16 Baths
11,050 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 11,050 sqft
Price per Sqft $135
MLS Listing ID 237782
Bedrooms 19
Year Built 1965
Lot Size 1.320 Acres
Property Sub-Type Multi Family
Property Description
15 Units... Mix of Duplexes and Homes on 1 LOT....1.32-acre parcel with a total of 15 rental units, including a mix of single-family homes and duplexes. The property currently produces approx. $9,854 in monthly income with a market rent potential of +$17,000 per month. Several units are older and offer significant upside through renovations and rent increases, while one unit previously experienced fire damage and is ready for remodel—an ideal value-add project for an experienced investor. The site includes an owner's garage for storage and additional open space suitable for contractor use or potential expansion, offering room to add more units.
Location
State CA
County Tulare
Interior
Heating Natural Gas
Cooling Ceiling Fan(s), Wall/Window Unit(s)
Exterior
Garage Spaces 1.0
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N N
Roof Type Composition
Building
Story 1
Sewer Public Sewer
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Listed by Franklin J Romine • The Equity Group
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David Burchell
Team Leader & Realtor | License ID: #02033130
Team Leader & Realtor License ID: #02033130