$3,550,000
Visalia, CA 93291
MLS# 236811
Status: Closed
40 beds | 40 baths | 24076 sqft

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Property Description
Very well cared for unit complex with private garages. Many long term tenants. Most units have newer flooring, interior paint and ceiling fans. It is a cooperative, respectful group of tenants. All units are 2 bedroom/2 Bath. Units are upstairs with private enclosed stairway or downstairs. All units include a refrigerator. 18 units have a stacked washer/dryer . Each unit has an assigned single car garage with automatic opener and remote. On-site maintenance manager currently resides in unit 253. One unit is handicap accessible. Very close to desirable Downtown Visalia. No pets and no smoking policy in place. Security First alarm system.
Details
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Documents
Property Information
Property Sub-Type: Multi Family
New Construction: No
Year Built: 2008
Year Built Source: Public Records
Number of Buildings: 3
Number of Units: 20
Street #: 215-253
Stories: 2
Approx Square Feet: 24076
Direction: N
Bedrooms: 40
SqFt Source: Public Records
Street Name: Hall
Lot Acres: 1.39
Suffix: Street
Total Baths: 40
Lot SqFt: 60548
Lot Size Source: Public Records
Lot Dimensions: irregular
State/Province: CA
Zip Code: 93291
APN: 093261018000
County: Tulare
Additional Parcels Y/N: No
Common Interest: None
Area: Visalia NW
Zoning Description: RM-2
Listing Information
Original List Price: 3600000
List Price/SqFt: 149.53
Current Price: $3,550,000
Status: Closed
Listing Date: 2025-08-12
Listing Price: 3600000
Showing Information
Directions to Property: From Hwy 198 take Mooney exit to head north on Mooney Blvd. Continue until the curve merges onto W. Main St. Continue east to 3 way stop sign at Hall St. Turn north (left). After the traffic light, the large complex is on the left. There is no sign on the property.
Remarks
Marketing Remarks: Very well cared for unit complex with private garages. Many long term tenants. Most units have newer flooring, interior paint and ceiling fans. It is a cooperative, respectful group of tenants. All units are 2 bedroom/2 Bath. Units are upstairs with private enclosed stairway or downstairs. All units include a refrigerator. 18 units have a stacked washer/dryer . Each unit has an assigned single car garage with automatic opener and remote. On-site maintenance manager currently resides in unit 253. One unit is handicap accessible. Very close to desirable Downtown Visalia. No pets and no smoking policy in place. Security First alarm system.
General Information
Garage: Yes
# of Garage Spaces: 20
Pool: No
HOA: No
Senior Community: No
Fireplace: No
Spa: No
Solar YN: No
Handicap Access: Yes
Financial Information
Cap Rate: 7.09
Status Change Info
Status Change Date: 2025-10-02
Pending Date: 2025-08-18
Close Date: 2025-10-01
Close Price: 3550000
Close Price/SqFt: 147.45
Unit 1
Number of Bedrooms: 2
Number of Bathrooms: 2
Level: First
Garage Spaces: 1
Lease: Yes
Total Rent: 1500
Unit Description: 215 N. Hall
Unit 2
Number of Bedrooms: 2
Number of Bathrooms: 2
Level: Second
Garage Spaces: 1
Lease: Yes
Total Rent: 1475
Unit Description: 217 N. Hall
Unit 3
Number of Bedrooms: 2
Number of Bathrooms: 2
Level: Second
Garage Spaces: 1
Lease: Yes
Total Rent: 1495
Unit Description: 221 N. Hall
Unit 4
Number of Bedrooms: 2
Number of Bathrooms: 2
Level: First
Garage Spaces: 1
Lease: Yes
Total Rent: 1480
Unit Description: 223 N. Hall
Unit 5
Number of Bedrooms: 2
Number of Bathrooms: 2
Level: Second
Garage Spaces: 1
Lease: Yes
Total Rent: 1480
Unit Description: 225 N. Hall
Unit 6
Number of Bedrooms: 2
Number of Bathrooms: 2
Level: First
Garage Spaces: 1
Lease: Yes
Total Rent: 1240
Unit Description: 227 N. Hall
Unit 7
Number of Bedrooms: 2
Number of Bathrooms: 2
Level: Second
Garage Spaces: 1
Lease: Yes
Total Rent: 1475
Unit Description: 229 N. Hall
Unit 8
Number of Bedrooms: 2
Number of Bathrooms: 2
Level: First
Garage Spaces: 1
Lease: Yes
Total Rent: 1425
Unit Description: 231 N. Hall Handicap Unit
Unit 9
Number of Bedrooms: 2
Number of Bathrooms: 2
Level: Second
Garage Spaces: 1
Lease: Yes
Total Rent: 1298
Unit Description: 235 N. Hall
Unit 10
Number of Bedrooms: 2
Number of Bathrooms: 2
Level: First
Lease: Yes
Total Rent: 1320
Unit Description: 237 N. Hall
Unit 11
Number of Bedrooms: 2
Number of Bathrooms: 2
Level: Second
Garage Spaces: 1
Lease: Yes
Total Rent: 1475
Unit Description: 239 N. Hall
Unit 12
Number of Bedrooms: 2
Number of Bathrooms: 2
Level: First
Garage Spaces: 1
Lease: Yes
Total Rent: 1480
Unit Description: 241 N. Hall
Unit 13
Number of Bedrooms: 2
Number of Bathrooms: 2
Level: Second
Garage Spaces: 1
Lease: Yes
Total Rent: 1210
Unit Description: 243 N. Hall
Unit 14
Number of Bedrooms: 2
Number of Bathrooms: 2
Level: First
Garage Spaces: 1
Lease: Yes
Total Rent: 1525
Unit Description: 245 N. Hall
Unit 15
Number of Bedrooms: 12
Number of Bathrooms: 12
Garage Spaces: 6
Lease: Yes
Total Rent: 6487
Unit Description: 219,233,247,249,251,253 N. Hall (6)
Property Features
Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected
Water: Public
Sewer: Public Sewer
Cooling: Ceiling Fan(s); Central Air; Electric
Heating: Central; Forced Air; Natural Gas; Radiant
Roofing: Tile
Income Includes: Rent Only
Expenses Include: Licenses; Maintenance; Manager; Professional Management; Supplies
Tenant Pays: Electricity; Gas; Insurance
Owner Pays: Trash Collection; Water
Appliances: Dishwasher; Disposal; Dryer; Exhaust Fan; Gas Range; Gas Water Heater; Microwave; Range Hood; Refrigerator; Washer
Common Walls: 2+ Common Walls
Construction: Stucco
Exterior Features: Courtyard; Lighting
Flooring: Carpet; Laminate; Linoleum
Foundation: Slab
Interior Features: Ceiling Fan(s)
Laundry Features: Inside; Stackable
Listing Terms: 1031 Exchange
Lot Features: Landscaped; Level; Sprinklers Drip; Sprinklers In Front; Sprinklers In Rear
Current Use: Multi-Family
Parking Features: Detached; Garage Door Opener
Property Condition: Updated/Remodeled
Road Frontage Type: City Street
Road Surface Type: Paved
Rooms: Kitchen; Living Room; Master Bedroom
Security Features: Carbon Monoxide Detector(s); Fire Sprinkler System; Resident Manager; Smoke Detector(s)
Listing Office: McNally Investments
Listing Agent: Nona McNally
Agent Email: nona@mcnallyinv.com
Last Updated: October - 02 - 2025
Information deemed reliable but not guaranteed.
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