$575,000
Pixley, CA 93256
MLS# 224518
Status: Closed
13 beds | 8 baths | 5200 sqft
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Property Description
Terrific investment opportunity on a fully occupied 8 unit apartment building plus adjacent 7958sf vacant commercial lot on separate APN ready for development! Walking distance to restaurants, grocery, and post office. Units have been updated over the years. Don't miss your chance to pick up a 8+% Cap property!
Details
Maps
Property Information
Property Sub-Type: Multi Family
New Construction: No
Stories: 2
Bedrooms: 13
Year Built Source: Public Records
Number of Units: 8
Number of Buildings: 1
Total Baths: 8
APN: 299150010000
SqFt Source: Public Records
Lot Acres: 0.09
Lot SqFt: 3920
Lot Size Source: Public Records
Lot Dimensions: Irregular
Additional Parcels Y/N: Yes
Additional Parcels Description: 299-150-009 & 299-150-010
Common Interest: None
Year Built: 1000
Street #: 216
Approx Square Feet: 5200
Street Name: Compton
Suffix: Avenue
State/Province: CA
Zip Code: 93256
County: Tulare
Area: Pixley
Listing Information
List Price/SqFt: 153.85
Original List Price: 800000
Current Price: $575,000
Status: Closed
Listing Date: 2023-07-12
Listing Price: 800000
Showing Information
Directions to Property: From HWY 99, Exit Court Street head West, South on Main, East on Compton, property is on the N/W corner of Compton & Center Street. Look for the water tower
Remarks
Marketing Remarks: Terrific investment opportunity on a fully occupied 8 unit apartment building plus adjacent 7958sf vacant commercial lot on separate APN ready for development! Walking distance to restaurants, grocery, and post office. Units have been updated over the years. Don't miss your chance to pick up a 8+% Cap property!
General Information
Garage: No
Pool: No
HOA: No
Financial Information
Cap Rate: 8.3
Status Change Info
Close Price/SqFt: 110.58
Status Change Date: 2023-08-15
Pending Date: 2023-07-31
Close Date: 2023-08-14
Close Price: 575000
Utilities
Electricity Connected: 1
Water Connected: 1
Water
Public: 1
Unit 1
Number of Bedrooms: 2
Number of Bathrooms: 1
Total Rent: 850
Unit Description: has A/C
Sewer
Public Sewer: 1
Unit 2
Number of Bedrooms: 2
Number of Bathrooms: 1
Total Rent: 800
Cooling
Evaporative Cooling: 1
Varies by Unit: 1
Wall/Window Unit(s): 1
Unit 3
Number of Bedrooms: 1
Number of Bathrooms: 1
Total Rent: 675
Unit Description: has a/c
Heating
Wall Furnace: 1
Unit 4
Number of Bedrooms: 2
Number of Bathrooms: 1
Total Rent: 700
Roofing
Composition: 1
Flat: 1
Metal: 1
Unit 5
Number of Bedrooms: 2
Number of Bathrooms: 1
Total Rent: 850
Unit 6
Number of Bedrooms: 2
Number of Bathrooms: 1
Total Rent: 600
Unit 7
Number of Bedrooms: 1
Number of Bathrooms: 1
Total Rent: 600
Unit 8
Number of Bedrooms: 1
Number of Bathrooms: 1
Total Rent: 750
Property Features
Utilities: Electricity Connected; Water Connected
Water: Public
Sewer: Public Sewer
Cooling: Evaporative Cooling; Varies by Unit; Wall/Window Unit(s)
Heating: Wall Furnace
Roofing: Composition; Flat; Metal
IDX
Listing Office: Bloom Group, Inc.
Listing Agent: Darin Kong | dkhometeam@gmail.com
Agent Email: dkhometeam@gmail.com
Last Updated: September - 24 - 2024
Information deemed reliable but not guaranteed.