$650,000
SOLD NOV 20, 2024
9 Beds
6 Baths
3,300 Sq Ft
0.42 Acres

Recently Sold

$197 Per Sq Ft

28% Below List Price

9 Days on Market

Highlights

  • 0.42 Acre Lot
  • No HOA
  • Central Heating and Cooling System
  • Redwood High School Rated A
  • Rear Porch
  • 1-minute walk to Houston Neighborhood Park

About This Home

As of November 2024

Exceptional Investment Opportunity: Three-Unit Property in Prime Location
Discover this unique and lucrative investment property that appears as three distinct homes, each offering privacy and independence. All units are currently rented and professionally managed by a reputable local property management company, ensuring a seamless and hassle-free investment experience.

Property Highlights:

Three Separate Homes: Each unit functions as an individual home, complete with its own driveway, laundry facilities, and fenced backyard. This setup provides tenants with a private and comfortable living experience.
Prime Investment: With all units currently rented, this property offers a steady and reliable income stream. The experienced investor may explore the possibility of splitting these units into three separate parcels, enhancing future value (all to be verified with the city).
Professional Management: The property is under the care of a local property management company, ensuring that maintenance, tenant relations, and day-to-day operations are expertly handled.
Desirable Amenities: Each home boasts its own driveway and fenced backyard, providing tenants with ample space and convenience. The inclusion of in-unit laundry facilities adds to the appeal and comfort.
Investor's Dream: This property is perfect for investors seeking a well-maintained, income-generating asset with potential for future subdivision and increased value. Its unique configuration and professional management make it a standout opportunity in the market.

Property being sold separately or as a package of 24 total units.

Last Agent to Sell the Property

Concetto Sciacca

Century 21 Jordan-Link & Co. License #01852398

Century 21 Jordan-Link & Co.

Last Buyer's Agent

Kristian Knox

Keller Williams Realty - Kings County License #01770992

Keller Williams Realty - Kings County

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,376

Year Built

  • Built in 1991

Home Design

  • Triplex
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 3,300 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 6 Bathrooms

Parking

  • Carport
  • No Garage

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected

Additional Features

  • Rear Porch
  • 0.42 Acre Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 090102028000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,376

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.42
  • Lot Size: Irregular
  • Directions: From Houston and Dinuba Blvd go west on Houston, North on Oak Park St. House is on the corner.
  • Garage Yn: No
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1991
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Bedrooms: 9

Exterior Features

  • Pool Private: No
  • Foundation Details: Slab
  • Patio And Porch Features: Rear Porch
  • Roof: Composition
  • Patio and Porch Features:Rear Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Carport
  • General Information:Garage: No
  • Parking Features:Carport: Yes

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
  • Heating:Central: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 18295.0
  • Additional Parcels: No
  • Parcel #: 090102028000
  • ResoLotSizeUnits: Acres

Multi Family

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2024 11/20/24 Sold $650,000 -27.8% $197 / Sq Ft
07/18/2024 07/18/24 Pending -- -- --
07/08/2024 07/08/24 For Sale $900,000 -- $273 / Sq Ft
Source: Tulare County MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,376 $311,737 $36,075 $275,662
2023 $3,283 $305,625 $35,368 $270,257
2022 $3,137 $299,633 $34,675 $264,958
2021 $3,141 $293,758 $33,995 $259,763
2020 $3,096 $290,745 $33,646 $257,099
2019 $3,007 $285,044 $32,986 $252,058
2018 $2,951 $279,455 $32,339 $247,116
2017 $2,901 $273,976 $31,705 $242,271
2016 $2,867 $268,604 $31,083 $237,521
2015 $2,785 $264,569 $30,616 $233,953
2014 $2,785 $259,386 $30,016 $229,370
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,750,000 New Conventional
Previous Owner $1,750,000 New Conventional
Source: Public Records

Deed History

Date Type Sale Price Title Company
Grant Deed $3,750,000 Chicago Title
Interfamily Deed Transfer -- --
Source: Public Records

Source: Tulare County MLS

MLS Number: 230223

Tulare County MLS

APN: 090-102-028-000