$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
Year Built: 1000
Year Built Source: Public Records
Number of Buildings: 1
Number of Units: 8
Street #: 216
Stories: 2
Approx Square Feet: 5200
Bedrooms: 13
SqFt Source: Public Records
Street Name: Compton
Lot Acres: 0.09
Suffix: Avenue
Total Baths: 8
Lot SqFt: 3920
Lot Size Source: Public Records
Lot Dimensions: Irregular
State/Province: CA
Zip Code: 93256
APN: 299150010000
County: Tulare
Additional Parcels Y/N: Yes
Additional Parcels Description: 299-150-009 & 299-150-010
Common Interest: None
Area: Pixley
Listing Information
Original List Price: 800000
List Price/SqFt: 153.85
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
Status Change Date: 2023-08-15
Pending Date: 2023-07-31
Close Date: 2023-08-14
Close Price: 575000
Close Price/SqFt: 110.58
Unit 1
Number of Bedrooms: 2
Number of Bathrooms: 1
Total Rent: 850
Unit Description: has A/C
Unit 2
Number of Bedrooms: 2
Number of Bathrooms: 1
Total Rent: 800
Unit 3
Number of Bedrooms: 1
Number of Bathrooms: 1
Total Rent: 675
Unit Description: has a/c
Unit 4
Number of Bedrooms: 2
Number of Bathrooms: 1
Total Rent: 700
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
Listing Office: Bloom Group, Inc.
Listing Agent: Darin Kong
Agent Email: dkhometeam@gmail.com
Last Updated: September - 24 - 2024
Information deemed reliable but not guaranteed.