$1,025,000
Tulare, CA 93274
MLS# 236076
Status: Closed
16 beds | 8 baths | 7070 sqft
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Property Description
This is a great income opportunity with immediate cash flow potential. It's a well-maintained 8-unit residential complex in East Tulare. This turnkey property has tenant amenities and was recently freshened up a few years ago with new paint, carpets, repairs, and deep cleaning. There are 8 units, each are 2 bed and 1 bath. A brand new roof was installed in 2024. Each unit has a tankless water heater and a storage closet under the carport area. 6 units are on the ground-floor with private backyard space, and there are 2 upper level units. There is dedicated parking space for each unit in the back parking lot area, which is covered. There is also an on-site laundry facility, offering potential for additional revenue stream. The location is in an established location with stable rental demand, perfect for building up your real estate portfolio.
Details
Maps
Property Information
Property Sub-Type: Multi Family
New Construction: No
Year Built: 1970
Year Built Source: Public Records
Number of Buildings: 3
Number of Units: 8
Street #: 160
Stories: 2
Approx Square Feet: 7070
Direction: N
Bedrooms: 16
SqFt Source: Public Records
Street Name: Canby
Lot Acres: 0.3
Suffix: Street
Total Baths: 8
Lot SqFt: 13200
Lot Size Source: Public Records
Lot Dimensions: irregular
State/Province: CA
Zip Code: 93274
Zip Plus 4: 3157
APN: 171063006000
County: Tulare
Additional Parcels Y/N: Yes
Additional Parcels Description: 171063021
Common Interest: None
Area: Tulare NE
Listing Information
Original List Price: 1300000
List Price/SqFt: 183.88
Current Price: $1,025,000
Status: Closed
Listing Date: 2025-06-30
Listing Price: 1300000
Showing Information
Directions to Property: from the corner of S Blackstone St and E Tulare Ave, head East on Tulare Ave. Turn North onto N Canby St. Apartments are on East side of road, facing West.
Remarks
Marketing Remarks: This is a great income opportunity with immediate cash flow potential. It's a well-maintained 8-unit residential complex in East Tulare. This turnkey property has tenant amenities and was recently freshened up a few years ago with new paint, carpets, repairs, and deep cleaning.
There are 8 units, each are 2 bed and 1 bath. A brand new roof was installed in 2024. Each unit has a tankless water heater and a storage closet under the carport area. 6 units are on the ground-floor with private backyard space, and there are 2 upper level units. There is dedicated parking space for each unit in the back parking lot area, which is covered.
There is also an on-site laundry facility, offering potential for additional revenue stream. The location is in an established location with stable rental demand, perfect for building up your real estate portfolio.
General Information
Garage: No
Pool: No
HOA: No
Senior Community: No
Fireplace: No
Spa: No
Solar YN: No
Waterfront: No
Handicap Access: No
Horse Property: No
Tax Information
Land Value: 68076
Improvement Value: 505006
Status Change Info
Status Change Date: 2025-09-02
Pending Date: 2025-07-07
Close Date: 2025-09-02
Close Price: 1025000
Close Price/SqFt: 144.98
Unit 1
Number of Bedrooms: 2
Number of Bathrooms: 1
Square Feet: 884
Level: First
Total Rent: 995
Unit Description: Carpet and tile flooring 160A
Unit 2
Number of Bedrooms: 2
Number of Bathrooms: 1
Square Feet: 884
Level: First
Lease: Yes
Total Rent: 985
Unit Description: Carpet and tile flooring 160B
Unit 3
Number of Bedrooms: 2
Number of Bathrooms: 1
Square Feet: 884
Level: First
Lease: Yes
Total Rent: 1000
Unit Description: Carpet and tile flooring 160C
Unit 4
Number of Bedrooms: 2
Number of Bathrooms: 1
Square Feet: 884
Level: Second
Lease: Yes
Total Rent: 712
Unit Description: Carpet and tile flooring160D
Unit 5
Number of Bedrooms: 2
Number of Bathrooms: 1
Square Feet: 884
Level: First
Lease: Yes
Total Rent: 995
Unit Description: Carpet and tile flooring 162A
Unit 6
Number of Bedrooms: 2
Number of Bathrooms: 1
Square Feet: 884
Level: First
Total Rent: 995
Unit Description: Carpet and tile flooring162B
Unit 7
Number of Bedrooms: 2
Number of Bathrooms: 1
Square Feet: 884
Level: First
Lease: Yes
Total Rent: 985
Unit Description: Carpet and tile flooring 162C
Unit 8
Number of Bedrooms: 2
Number of Bathrooms: 1
Square Feet: 884
Level: Second
Lease: Yes
Total Rent: 1000
Unit Description: Carpet and tile flooring/vinyl 162D
Property Features
Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected
Water: Public
Sewer: Public Sewer
Cooling: Ceiling Fan(s); Central Air
Heating: Forced Air
Roofing: Flat
Income Includes: Laundry; Parking; Storage
Tenant Pays: All Utilities
Appliances: Dishwasher; Tankless Water Heater
Common Walls: 2+ Common Walls
Flooring: Carpet; Ceramic Tile; Laminate; Vinyl
Laundry Features: None
Other Structures: Storage
Parking Features: Carport
Listing Office: Sousa Valley Real Estate
Listing Agent: Gracie Guerrero-Sousa
Agent Email: mrsgraciesousa@gmail.com
Co Office Name: Sousa Valley Real Estate
Co Listing Agent: Samantha Sousa
Co Agent Email: samantha@sousavalley.com
Last Updated: September - 02 - 2025
Information deemed reliable but not guaranteed.