$469,000
Visalia, CA 93277
MLS# 239706
Status: Pending
5 beds | 3 baths | 1918 sqft
1 / 51
Property Description
Investment opportunity with immediate rental income and strong long-term upside. This well-maintained property features a tenant-occupied 4 bedroom, 2 bathroom main residence, providing stable income potential from day one. In addition, the property includes a permitted approximately 500 sq ft ADU with its own private entrance and no shared walls with the main home, creating a completely separate living space ideal for additional rental income, multigenerational use, or future flexibility. The ADU will be delivered vacant and was previously rented for $1,300/month. Situated on an oversized lot larger than many neighboring properties, the property offers excellent potential for future improvements, including space for a pool, pool house, expanded outdoor amenities, or additional value-add opportunities. The garage has been upgraded with soft flooring, making it suitable for a home gym, workspace, or other flexible uses. The grounds feature mature landscaping and a wide variety of established fruit trees, including apricot, pomegranate, apple, lemon, guava, olive, and orange, along with grapevines, jasmine, and bougainvillea. Automatic sprinklers are installed and operational. Privacy shrubs line the front fencing, and the spacious backyard offers additional room for gardening or outdoor enhancements. Conveniently located in a desirable neighborhood within walking distance to Cottonwood Elementary, a nearby Montessori school, parks, WinCo, Target, and other shopping amenities. With dual-living potential, existing rental income, and a large usable lot, this property presents an excellent opportunity for investors seeking cash flow and future appreciation potential.
Details
Maps
Property Information
Property Sub-Type: Single Family Residence
New Construction: No
Stories: 1
Bedrooms: 5
Year Built Source: Public Records
Full Baths: 3
Total Baths: 3
Three Quarter Baths: 0
Half Baths: 0
Zip Plus 4: 9329
APN: 121550052000
Quarter Baths: 0
SqFt Source: Public Records
Lot Acres: 0.27
Lot SqFt: 11713
Lot Size Source: Public Records
Lot Dimensions: Irregular
Common Interest: None
Area: Visalia SW
Street #: 3749
Direction: S
Approx Square Feet: 1918
Street Name: University
Suffix: Street
Year Built: 1996
State/Province: CA
Zip Code: 93277
County: Tulare
Listing Information
List Price/SqFt: 244.53
Original List Price: 510000
Status: Pending
Listing Date: 2026-02-10
Listing Price: 469000
Current Price: $469,000
Showing Information
Directions to Property: Start E on 198, Turn S on Demaree, Turn E on Packwood Ave, Turn S on University, PIQ is 5th Home on the right
Remarks
Marketing Remarks: Investment opportunity with immediate rental income and strong long-term upside. This well-maintained property features a tenant-occupied 4 bedroom, 2 bathroom main residence, providing stable income potential from day one. In addition, the property includes a permitted approximately 500 sq ft ADU with its own private entrance and no shared walls with the main home, creating a completely separate living space ideal for additional rental income, multigenerational use, or future flexibility. The ADU will be delivered vacant and was previously rented for $1,300/month. Situated on an oversized lot larger than many neighboring properties, the property offers excellent potential for future improvements, including space for a pool, pool house, expanded outdoor amenities, or additional value-add opportunities. The garage has been upgraded with soft flooring, making it suitable for a home gym, workspace, or other flexible uses. The grounds feature mature landscaping and a wide variety of established fruit trees, including apricot, pomegranate, apple, lemon, guava, olive, and orange, along with grapevines, jasmine, and bougainvillea. Automatic sprinklers are installed and operational. Privacy shrubs line the front fencing, and the spacious backyard offers additional room for gardening or outdoor enhancements. Conveniently located in a desirable neighborhood within walking distance to Cottonwood Elementary, a nearby Montessori school, parks, WinCo, Target, and other shopping amenities. With dual-living potential, existing rental income, and a large usable lot, this property presents an excellent opportunity for investors seeking cash flow and future appreciation potential.
General Information
Garage: Yes
Pool: No
# of Garage Spaces: 2
HOA: No
Attached Garage YN: Yes
Fireplace: Yes
Direction Faces: Northeast
Spa: No
Solar YN: No
Accessory Dwelling Unit (ADU) Y/N: Yes
Additional Parcels Y/N: No
Tax Information
Land Value: 92000
Improvement Value: 276000
Utilities
Electricity Connected: 1
Sewer Connected: 1
Water Connected: 1
Water
Public: 1
Sewer
Public Sewer: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Wall Unit(s): 1
Heating
Central: 1
Fireplace(s): 1
Roofing
Composition: 1
Listing Terms
1031 Exchange: 1
Cash: 1
Conventional: 1
Lot Features
Irregular Lot: 1
Accessory Dwelling Unit
ADU Building Type: Detached
ADU Bedrooms: 1
ADU SquareFeet: 500
ADU Bathrooms: 1
ADU Source: Owner
ADU Parking: Yes
ADU Meter: Main
ADU Heating: Yes
ADU Floor: First
ADU Cooling: Yes
Common Walls
No Common Walls: 1
Exterior Features
Smart Camera(s)/Recording: 1
Fencing
Fenced: 1
Fireplace Features
Living Room: 1
Status Change Info
Status Change Date: 2026-06-03
Pending Date: 2026-06-03
Property Features
Utilities: Electricity Connected; Sewer Connected; Water Connected
Water: Public
Sewer: Public Sewer
Cooling: Ceiling Fan(s); Central Air; Wall Unit(s)
Heating: Central; Fireplace(s)
Roofing: Composition
Common Walls: No Common Walls
Exterior Features: Smart Camera(s)/Recording
Fencing: Fenced
Fireplace Features: Living Room
Listing Terms: 1031 Exchange; Cash; Conventional
Lot Features: Irregular Lot
IDX
Listing Office: RPS Real Estate
Listing Agent: Brandon Beachy | brandon@rpsre.com
Agent Email: brandon@rpsre.com
Last Updated: June - 04 - 2026
Information deemed reliable but not guaranteed.