$950,000
Visalia, CA 93291
MLS# 223725
Status: Closed
8 beds | 8 baths | 3720 sqft

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Property Description
Investors Wanted! Built just 7 1/2 years ago, this property is located in the Community of Ashley Grove. This Quadruplex will fit in any investors portfolio. The property is located in a well sought after NW Visalia neighborhood. BOOMING with terrific Restaurants, Shopping, Parks, great schools and more! This lot includes 2 duplex buildings with an upstairs and downstairs. Each unit includes 2 bedrooms, 2 bathrooms, an attached 1 car garage, and blinds throughout. Washer and Dryer hookups are in the garage. Each unit is fully rented. If you are interested in a low maintenance, ''Higher end residential income property, in a Great location, this is a great opportunity for you! Call me today, this will not be available long.
Details
Maps
Property Information
Property Sub-Type: Quadruplex
New Construction: No
Year Built: 2015
Year Built Source: Public Records
Number of Buildings: 2
Number of Units: 4
Street #: 2221
Stories: 2
Approx Square Feet: 3720
Direction: W
Bedrooms: 8
SqFt Source: Public Records
Street Name: Lark
Lot Acres: 0.2
Suffix: Avenue
Total Baths: 8
Lot SqFt: 8687
Lot Size Source: Public Records
Lot Dimensions: Irregular
State/Province: CA
Zip Code: 93291
APN: 089420042000
County: Tulare
Additional Parcels Y/N: No
Common Interest: Planned Development
Area: Visalia NW
Zoning Description: RM3
Listing Information
Original List Price: 969000
List Price/SqFt: 260.48
Current Price: $950,000
Status: Closed
Listing Date: 2023-05-26
Listing Price: 969000
Showing Information
Directions to Property: From Riggin Ave, go south on North Mooney Blvd, then turn west (Right) on Lark Ave. Units are 8th Lot on the Left side.
Remarks
Marketing Remarks: Investors Wanted!
Built just 7 1/2 years ago, this property is located in the Community of Ashley Grove. This Quadruplex will fit in any investors portfolio. The property is located in a well sought after NW Visalia neighborhood. BOOMING with terrific Restaurants, Shopping, Parks, great schools and more! This lot includes 2 duplex buildings with an upstairs and downstairs. Each unit includes 2 bedrooms, 2 bathrooms, an attached 1 car garage, and blinds throughout. Washer and Dryer hookups are in the garage. Each unit is fully rented. If you are interested in a low maintenance, ''Higher end residential income property, in a Great location, this is a great opportunity for you!
Call me today, this will not be available long.
General Information
Garage: Yes
# of Garage Spaces: 4
Pool: No
HOA: Yes
Association Fees: 375
Payment Schedule: Monthly
Association Name: Ashley Grove 12 Community Association
Financial Information
Cap Rate: 4.7
Status Change Info
Status Change Date: 2023-07-05
Pending Date: 2023-06-05
Close Date: 2023-06-30
Close Price: 950000
Close Price/SqFt: 255.38
Unit 1
Number of Bedrooms: 2
Number of Bathrooms: 2
Level: First
Total Rent: 1050
Unit Description: 2221 W. Lark Ave
Unit 2
Number of Bedrooms: 2
Number of Bathrooms: 2
Level: Second
Total Rent: 1165
Unit Description: 2223 W. Lark Ave
Unit 3
Number of Bedrooms: 2
Number of Bathrooms: 2
Level: First
Total Rent: 1050
Unit 4
Number of Bedrooms: 2
Number of Bathrooms: 2
Level: Second
Total Rent: 1050
Property Features
Unit 1: Garage Attached
Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected
Water: Public
Sewer: Public Sewer
Cooling: Central Air
Heating: Central
Roofing: Tile
Tenant Pays: Electricity; Gas; Water
Appliances: Dishwasher; Gas Range; Microwave; Oven
Construction: Stucco
Flooring: Carpet; Linoleum
Interior Features: Ceramic Counters
Laundry Features: In Garage
Listing Terms: 1031 Exchange; Cash; Conventional
Lot Features: Landscaped
Current Use: Residential
Parking Features: Attached; Concrete
Road Surface Type: Asphalt
Security Features: Carbon Monoxide Detector(s); Smoke Detector(s)
Listing Office: RE/MAX Success
Listing Agent: Adrienne Toledo
Agent Email: toledo.adrienne@gmail.com
Last Updated: September - 24 - 2024
Information deemed reliable but not guaranteed.