$1,405,000
MLS# 208761
Status: Closed
16 beds | 9 baths | 12008 sqft
1 / 25
Property Description
SW Visalia Riviera Apartments. Rare find! 15 units, close to shopping, grocery store, bus line. Manager unit consists of a 3/2 and has reduced rent currently. Owner could manage themselves or outside vendor, then get a higher rent. 9 2 bedroom 1 bath units with varying rents. Plus 5 1 bedroom, 1 bath units. Approximate monthly rents are $11,318. some units are in the process of being increased. Vacant unit has been rented for $720 per month and is a 1/1. There is a private office that could be rented for additional income or for owner. Community laundry area.
Details
Property Information
Property Sub-Type: Multi Family
New Construction: No
Year Built: 1969
Year Built Source: Public Records
Number of Buildings: 1
Number of Units: 15
Stories: 2
Approx Square Feet: 12008
Bedrooms: 16
SqFt Source: Public Records
Lot Acres: 0.52
Total Baths: 9
Lot SqFt: 22630
Lot Size Source: Public Records
Lot Dimensions: 146 x 155
State/Province: CA
Zip Code: 93277
APN: 096284028000
County: Tulare
Additional Parcels Y/N: No
Common Interest: None
Area: Visalia SW
Zoning Description: RM2
Listing Information
Original List Price: 1499900
List Price/SqFt: 124.91
Current Price: $1,405,000
Status: Closed
Listing Date: 2021-01-05
Listing Price: 1499900
Showing Information
Directions to Property: From Mooney and Walnut Avenue. Head East on Walnut. Past the first stoplight. Subject property will be about 1/2 way down the street before next stop light.
Located on North side of the street.
Remarks
Marketing Remarks: SW Visalia Riviera Apartments. Rare find! 15 units, close to shopping, grocery store, bus line.
Manager unit consists of a 3/2 and has reduced rent currently. Owner could manage themselves or outside vendor, then get a higher rent.
9 2 bedroom 1 bath units with varying rents. Plus 5 1 bedroom, 1 bath units.
Approximate monthly rents are $11,318. some units are in the process of being increased. Vacant unit has been rented for $720 per month and is a 1/1.
There is a private office that could be rented for additional income or for owner.
Community laundry area.
General Information
Garage: Yes
# of Garage Spaces: 2
Pool: No
HOA: No
Fireplace: No
Direction Faces: South
Spa: No
Waterfront: No
Handicap Access: No
Horse Property: No
Status Change Info
Status Change Date: 2021-04-02
Pending Date: 2021-01-21
Close Date: 2021-03-31
Close Price: 1405000
Close Price/SqFt: 117.01
Unit 1
Number of Bedrooms: 2
Number of Bathrooms: 1
Total Rent: 840
Unit 2
Number of Bedrooms: 3
Number of Bathrooms: 2
Total Rent: 600
Unit Description: Manger's on site unit
Unit 3
Number of Bedrooms: 2
Number of Bathrooms: 1
Total Rent: 800
Unit 4
Number of Bedrooms: 2
Number of Bathrooms: 1
Total Rent: 800
Unit 5
Number of Bedrooms: 2
Number of Bathrooms: 1
Total Rent: 840
Unit 6
Number of Bedrooms: 2
Number of Bathrooms: 1
Total Rent: 750
Unit Description: Sect 8 $293 + tenant $457
Unit 7
Number of Bedrooms: 1
Number of Bathrooms: 1
Total Rent: 675
Unit 8
Number of Bedrooms: 2
Number of Bathrooms: 1
Total Rent: 800
Property Features
Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected
Water: Public
Sewer: Public Sewer
Cooling: Central Air; Dual
Heating: Central; Natural Gas
Roofing: Composition; Rolled/Hot Mop
Tenant Pays: Electricity; Gas
Owner Pays: Trash Collection; Water
Appliances: Exhaust Fan; Refrigerator
Common Walls: 2+ Common Walls
Construction: Stucco
Electric: 220 Volts; 220 Volts in Kitchen
Exterior Features: Courtyard; Lighting
Foundation: Slab
Interior Features: Kitchen Open to Family Room; Tile Counters
Laundry Features: Common Area; Gas Dryer Hookup; Laundry Room; Main Level; Washer Hookup
Listing Terms: 1031 Exchange
Lot Features: Landscaped; Sprinklers In Front
Parking Features: Carport
Patio and Porch Features: Front Porch; Rear Porch
Property Condition: Updated/Remodeled
Road Frontage Type: City Street
Road Surface Type: Asphalt
Rooms: Dining Room; Kitchen; Living Room; Master Bathroom; Master Bedroom
Listing Office: Century 21 Jordan-Link & Company
Listing Agent: Peggy Wilson
Agent Email: pggwilson1@gmail.com
Last Updated: September - 24 - 2024
Information deemed reliable but not guaranteed.