$1,499,999
$100K PRICE DROP

Estimated payment $9,705/month

Total Views 19,045
1 Bed
-- Bath
7,288 Sq Ft
$206 Price per Sq Ft

Highlights

  • 1.33 Acre Lot
  • Private Yard
  • Evaporated cooling system
  • Mountain View
  • No HOA
  • Home Security System

About This Home

A 1.3 acre commercial multi family property you don't want to miss out on! This property contains a total of 20 units! A mobile home park consisting of 14 trailers, one 5 unit building, and a single family residence. The mobile home park has recently been remodeled with new fencing around and through the property, giving each unit its own privacy. This piece of land also has extra space in the back to add more trailers or several ADU's. Buyer to verify this information. SELLER WILLING TO FINANCE WITH 75% DOWN! Contact us today for more details.

Listing Agent

Justin Grajeda

Keller Williams Realty Tulare & Kings Counties Brokerage Phone: 559 736-8521 License #02177183

Keller Williams Realty Tulare & Kings Counties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 1.33 Acre Lot
  • Property fronts a highway
  • 1 Common Wall
  • Rural Setting
  • Wood Fence
  • Landscaped
  • Private Yard
  • Density is up to 1 Unit/Acre

Parking

  • 1 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Property Attached
  • Turnkey
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 1 Bedroom
  • 7,288 Sq Ft Home
  • 1-Story Property
  • Mountain Views
  • Formica Countertops

Flooring

  • Laminate
  • Tile

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • Accessible Parking

Utilities

  • Evaporated cooling system
  • Space Heater
  • Wall Furnace
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 209
  • Assessor Parcel Number 061190002000
  • $4,250 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 16 Buildings
  • 20 Units

Building Details

  • 1 Separate Electric Meter
  • Electric Expense $9,000
  • Insurance Expense $18,800
  • Other Expense $28,000
  • Professional Management Expense $5,500
  • Water Sewer Expense $22,000
  • Operating Expense $55,000
  • Net Operating Income $83,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • CapRate: 5.00
  • Price Per Unit: 75000
  • Professional Management Expense: 5500.00
  • Property Attached: Yes
  • Road Frontage Type: Highway
  • Road Surface Type: Gravel
  • Security: Carbon Monoxide Detector(s), Security System, Smoke Detector(s)
  • View: Yes
  • Water Sewer Expenses: 22000.00
  • Property Condition: Turnkey
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 061190002000
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Formica Counters
  • Stories: 1
  • Entry Location: Driveway
  • Common Walls: 1 Common Wall
  • Flooring: Laminate, Tile
  • Accessibility Features: Parking
  • Appliances: No
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 205.82
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Mountain(s)
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Asphalt, Shingle
  • Spa: No

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: No
  • Heating Type: Space Heater, Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Evaporative Cooling
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Rural

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Landscaped, Yard
  • Lot Size Sq Ft: 58147.00
  • Lot Size Acres: 1.3349
  • Latitude Manual: 36.40014300

Multi Family

  • Electric Expense: 9000.00
  • Gross Scheduled Income: 165000.00
  • Insurance Expense: 18800.00
  • Lot Size Area: 58147.0000 Square Feet
  • Net Operating Income: 83000.00
  • Number Of Separate Electric Meters: 1
  • Number Of Units Total: 20
  • Operating Expense: 82000.00
  • Other Expense: 28000.00
  • Rent Control: No
  • Total Expenses: 55000.00

Tax Info

  • Tax Census Tract: 7.01
  • Tax Lot: 209
  • TaxOtherAnnualAssessmentAmount: 4250.00

Map

Range of Values:

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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
05/10/2024 05/10/24 Price Changed $1,499,999 -6.3% $206 / Sq Ft
12/18/2023 12/18/23 For Sale $1,599,999 -- $220 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NS23227616

California Regional Multiple Listing Service (CRMLS)