$650,000
Visalia, CA 93291
MLS# 230223
Status: Closed
9 beds | 6 baths | 3300 sqft

1 / 15
Property Description
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.
Details
Maps
Property Information
Property Sub-Type: Triplex
New Construction: No
Stories: 1
Bedrooms: 9
Year Built Source: Public Records
Number of Units: 3
Number of Buildings: 3
Total Baths: 6
APN: 090102028000
SqFt Source: Public Records
Lot Acres: 0.42
Lot SqFt: 18295
Lot Size Source: Public Records
Lot Dimensions: Irregular
Additional Parcels Y/N: No
Common Interest: None
Year Built: 1991
Street #: 1404
Approx Square Feet: 3300
Direction: N
Street Name: Oak Park
Suffix: Street
State/Province: CA
Zip Code: 93291
County: Tulare
Area: Visalia NW
Listing Information
List Price/SqFt: 272.73
Original List Price: 900000
Current Price: $650,000
Status: Closed
Listing Date: 2024-07-08
Listing Price: 900000
Showing Information
Directions to Property: From Houston and Dinuba Blvd go west on Houston, North on Oak Park St. House is on the corner.
Remarks
Marketing Remarks: 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.
General Information
Garage: No
Pool: No
HOA: No
Tax Information
Land Value: 34675
Improvement Value: 264958
Status Change Info
Close Price/SqFt: 196.97
Status Change Date: 2024-11-21
Pending Date: 2024-07-18
Close Date: 2024-11-20
Close Price: 650000
Utilities
Electricity Connected: 1
Natural Gas Connected: 1
Sewer Connected: 1
Water Connected: 1
Water
Public: 1
Unit 1
Number of Bedrooms: 3
Number of Bathrooms: 2
Square Feet: 1100
Lease: Yes
Total Rent: 1495
Unit Description: 1404
Sewer
Public Sewer: 1
Unit 2
Number of Bedrooms: 3
Number of Bathrooms: 2
Square Feet: 1100
Lease: Yes
Total Rent: 1045
Unit Description: 1410
Cooling
Central Air: 1
Unit 3
Number of Bedrooms: 3
Number of Bathrooms: 2
Square Feet: 1100
Lease: Yes
Total Rent: 1045
Unit Description: 1414
Heating
Central: 1
Roofing
Composition: 1
Parking Features
Carport: 1
Patio and Porch Features
Rear Porch: 1
Property Features
Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected
Water: Public
Sewer: Public Sewer
Cooling: Central Air
Heating: Central
Roofing: Composition
Parking Features: Carport
Patio and Porch Features: Rear Porch
IDX
Listing Office: Century 21 Select Real Estate
Listing Agent: Concetto A Sciacca | ChetSciacca@gmail.com

Agent Email: ChetSciacca@gmail.com
Last Updated: November - 21 - 2024
Information deemed reliable but not guaranteed.