$510,000
Visalia, CA 93277
MLS# 239706
5 beds | 3 baths | 1918 sqft

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Open House (03/07/2026 - 12:00 pm - 2:00 pm)
Property Description
Investor Opportunity with Long-Term Income & Permitted ADU Well-positioned investment property featuring a tenant-occupied 4-bedroom, 2-bath main residence with a lease in place through August 2028, providing steady, long-term rental income. The property also includes a permitted approximately 500 sq ft ADU with a separate entrance, which will be delivered vacant. The ADU was previously rented for $1,300/month, offering additional income potential or flexible use. Situated on a large lot that is significantly larger than neighboring properties, this property offers long-term value and versatility. The combination of an in-place tenant and a vacant ADU creates a strong opportunity for an investor to benefit from current income with the potential for rental growth over time.
Details
Maps
Property Information
Area: Visalia SW
Property Sub-Type: Single Family Residence
Stories: 1
Bedrooms: 5
Total Baths: 3
Full Baths: 3
Street #: 3749
Direction: S
Approx Square Feet: 1918
Street Name: University
SqFt Source: Public Records
Suffix: Street
Lot SqFt: 11713
Lot Acres: 0.27
Lot Size Source: Public Records
Lot Dimensions: Irregular
New Construction: No
Year Built: 1996
State/Province: CA
Year Built Source: Public Records
Zip Code: 93277
Zip Plus 4: 9329
APN: 121550052000
County: Tulare
Common Interest: None
Listing Information
Original List Price: 510000
List Price/SqFt: 265.9
Status: Active
Listing Date: 2026-02-10
Listing Price: 510000
Current Price: $510,000
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: Investor Opportunity with Long-Term Income & Permitted ADU Well-positioned investment property featuring a tenant-occupied 4-bedroom, 2-bath main residence with a lease in place through August 2028, providing steady, long-term rental income. The property also includes a permitted approximately 500 sq ft ADU with a separate entrance, which will be delivered vacant. The ADU was previously rented for $1,300/month, offering additional income potential or flexible use. Situated on a large lot that is significantly larger than neighboring properties, this property offers long-term value and versatility. The combination of an in-place tenant and a vacant ADU creates a strong opportunity for an investor to benefit from current income with the potential for rental growth over time.
General Information
Pool: No
Garage: Yes
Attached Garage YN: Yes
# of Garage Spaces: 2
HOA: No
Fireplace: Yes
Direction Faces: Northeast
Accessory Dwelling Unit (ADU) Y/N: Yes
Additional Parcels Y/N: No
Spa: No
Solar YN: No
Tax Information
Land Value: 92000
Improvement Value: 276000
Status Change Info
Status Change Date: 2026-02-10
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
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
Listing Office: RPS Real Estate
Listing Agent: Brandon Beachy
Agent Email: brandon@rpsre.com
Last Updated: March - 06 - 2026
Information deemed reliable but not guaranteed.