$400,000
Tulare, CA 93274
MLS# 238083
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Property Description
Approved 5-Unit Multifamily Development Opportunity - Tulare, CA Property Overview New to market is an approved 5-unit multifamily development opportunity in the City of Tulare. The property spans 20,473 square feet and comes with approved plans ready for construction. Project Details: Total Units: 5 Unit Mix: Each unit features 2 bedrooms, 2 baths, and a 2-car garage Private Yards: Every unit includes its own private outdoor space Square Footage per Unit: * Unit A: 1,396 SF * Unit B: 1,382 SF * Unit C: 1,382 SF * Unit D: 1,382 SF * Unit E: 1,296 SF Total Living Area: 6,838 square feet (approx.) Additional Information: Zoning: Approved for multifamily residential use Documents Available: Rent pro forma and construction bid, approved tentative map. Status: Fully approved plans — ready to build Highlights * Rare, ready-to-build 5-unit project in a growing Tulare neighborhood * Modern 2-bedroom layouts with garages and private yards * Ideal for investors or small-scale developers * Strong rental potential supported by pro forma income analysis
Details
Maps
Property Information
Property Sub-Type: Commercial
Street #: 421
Direction: S
Street Name: Laspina
Suffix: Street
Lot Acres: 0.47
Lot SqFt: 20473
Lot Dimensions: Irregular
Lot Size Source: Assessor
State/Province: CA
Zip Code: 93274
APN: 177155020000
County: Tulare
Additional Parcels Y/N: No
Common Interest: None
Area: Tulare SE
Zoning Description: Residential - Multifamily
Listing Information
Original List Price: 400000
List Price/Acre: 851063.83
Status: Active
Listing Date: 2025-10-29
Listing Price: 400000
Current Price: $400,000
Showing Information
Directions to Property: From the 99, East on E Tulare Ave, south on S Laspina St, pass E Kern Ave, property will be on the right hand side, vacant lot.
Remarks
Marketing Remarks: Approved 5-Unit Multifamily Development Opportunity - Tulare, CA
Property Overview
New to market is an approved 5-unit multifamily development opportunity in the City of Tulare. The property spans 20,473 square feet and comes with approved plans ready for construction.
Project Details:
Total Units: 5
Unit Mix: Each unit features 2 bedrooms, 2 baths, and a 2-car garage
Private Yards: Every unit includes its own private outdoor space
Square Footage per Unit:
* Unit A: 1,396 SF
* Unit B: 1,382 SF
* Unit C: 1,382 SF
* Unit D: 1,382 SF
* Unit E: 1,296 SF
Total Living Area: 6,838 square feet (approx.)
Additional Information:
Zoning: Approved for multifamily residential use
Documents Available: Rent pro forma and construction bid, approved tentative map.
Status: Fully approved plans — ready to build
Highlights
* Rare, ready-to-build 5-unit project in a growing Tulare neighborhood
* Modern 2-bedroom layouts with garages and private yards
* Ideal for investors or small-scale developers
* Strong rental potential supported by pro forma income analysis
General Information
HOA: No
Direction Faces: South
Solar YN: No
Tax Information
Land Value: 35557
Status Change Info
Status Change Date: 2025-10-29
Property Features
Utilities: None
Water: Public
Sewer: Public Sewer
Listing Terms: 1031 Exchange; Cash
Road Frontage Type: City Street
Listing Office: The Equity Group
Listing Agent: Jason Ritchie
Agent Email: jasondritchie1@gmail.com
Last Updated: February - 11 - 2026
Information deemed reliable but not guaranteed.