$830,000
Dinuba, CA 93618
MLS# 233254
Status: Closed
12 beds | 8 baths | 6912 sqft
1 / 10
Property Description
For Sale; 1050 N. Bates Apartments #1-8; An 8 - Plex apartment complex built in 1972 consisting of Four 1 bedroom / 1 bathroom units and Four 2 bedroom / 1 bathroom units, totaling 5,976 square feet. Each unit has separate PG&E electrical meters and separate gas meters. One water meter for the 8 units. Currently tenants pay electrical and gas and the owner pays for the water, trash and the PG&E bill for the laundry room and common area lighting. Common areas include a laundry room for the complex, front yard, and carport (8 carport spaces). Coin-op machines in laundry room are owned by a 3rd party, they would be interested to an agreement to keep the machines there and would provide service and rent. All refrigerators are tenant owned. Each unit is currently rented on a month to month contract. Rents have potential to be increased. To schedule a showing, an offer must be submitted subject to viewing the units/property. Do not disturb tenants or enter the property without an appointment. Please feel free to contact the listing agents with any questions you may have.
Details
Maps
Property Information
Property Sub-Type: Multi Family
New Construction: No
Year Built: 1972
Year Built Source: Public Records
Number of Buildings: 2
Number of Units: 8
Street #: 1050
Stories: 2
Approx Square Feet: 6912
Direction: N
Bedrooms: 12
SqFt Source: Public Records
Street Name: Bates
Lot Acres: 0.26
Total Baths: 8
Lot SqFt: 11315
Lot Size Source: Public Records
Lot Dimensions: 87.5 X 126.82
State/Province: CA
Zip Code: 93618
APN: 014282003000
County: Tulare
Additional Parcels Y/N: No
Common Interest: None
Area: Dinuba
Zoning Description: RM-1.5 - Multi-Family Residential
Listing Information
Original List Price: 1150000
List Price/SqFt: 166.38
Current Price: $830,000
Status: Closed
Listing Date: 2025-01-30
Listing Price: 1150000
Showing Information
Directions to Property: From the intersection of El Monte Way and Alta Avenue; head North on Alta Avenue to E Saginaw Avenue. Then East on E Saginaw Avenue to North Bates Ave. Turn North on N Bates Avenue, the property is on the East side of N Bates Avenue before Sequoia Drive.
Remarks
Marketing Remarks: For Sale; 1050 N. Bates Apartments #1-8; An 8 - Plex apartment complex built in 1972 consisting of Four 1 bedroom / 1 bathroom units and Four 2 bedroom / 1 bathroom units, totaling 5,976 square feet. Each unit has separate PG&E electrical meters and separate gas meters. One water meter for the 8 units. Currently tenants pay electrical and gas and the owner pays for the water, trash and the PG&E bill for the laundry room and common area lighting. Common areas include a laundry room for the complex, front yard, and carport (8 carport spaces). Coin-op machines in laundry room are owned by a 3rd party, they would be interested to an agreement to keep the machines there and would provide service and rent. All refrigerators are tenant owned. Each unit is currently rented on a month to month contract. Rents have potential to be increased. To schedule a showing, an offer must be submitted subject to viewing the units/property. Do not disturb tenants or enter the property without an appointment. Please feel free to contact the listing agents with any questions you may have.
General Information
Garage: No
Pool: No
HOA: No
Solar YN: No
Status Change Info
Status Change Date: 2025-06-02
Pending Date: 2025-02-28
Close Date: 2025-06-02
Close Price: 830000
Close Price/SqFt: 120.08
Unit 1
Number of Bedrooms: 1
Number of Bathrooms: 1
Level: First
Total Rent: 650
Unit 2
Number of Bedrooms: 1
Number of Bathrooms: 1
Level: First
Total Rent: 650
Unit 3
Number of Bedrooms: 2
Number of Bathrooms: 1
Level: First
Total Rent: 725
Unit 4
Number of Bedrooms: 2
Number of Bathrooms: 1
Level: First
Total Rent: 725
Unit 5
Number of Bedrooms: 1
Number of Bathrooms: 1
Level: Second
Total Rent: 500
Unit 6
Number of Bedrooms: 1
Number of Bathrooms: 1
Level: Second
Total Rent: 650
Unit 7
Number of Bedrooms: 2
Number of Bathrooms: 1
Level: Second
Total Rent: 725
Unit 8
Number of Bedrooms: 2
Number of Bathrooms: 1
Level: Second
Total Rent: 725
Property Features
Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected
Water: Public
Sewer: Public Sewer
Cooling: Central Air
Heating: Central
Roofing: Flat
Income Includes: Rent Only
Expenses Include: Gardener
Tenant Pays: Electricity; Gas
Owner Pays: Trash Collection; Water
Appliances: Electric Oven
Construction: Stucco
Electric: 220 Volts in Laundry
Flooring: Carpet; Ceramic Tile; Linoleum
Laundry Features: Laundry Room
Listing Terms: 1031 Exchange; Cash
Lot Features: Front Yard; Sprinklers In Front
Current Use: Investment
Parking Features: Carport
Road Frontage Type: City Street
Road Surface Type: Asphalt
Rooms: Kitchen; Master Bathroom
Security Features: Carbon Monoxide Detector(s); Smoke Detector(s)
Listing Office: Johnston Merlo & Newton
Listing Agent: Jace Merlo
Agent Email: jace_merlo@yahoo.com
Co Office Name: Johnston Merlo & Newton
Co Listing Agent: Jim Merlo
Co Agent Email: JIMJMN57@yahoo.com
Last Updated: June - 02 - 2025
Information deemed reliable but not guaranteed.