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Avenal, CA Multifamily Home for Sale

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    $739,999

    $60K PRICE DROP
    • 5,862 Sq Ft

    524 E Fresno St, Avenal, CA 93204

    Exceptional 10-Unit Investment Opportunity - First Time on the Market in Years Presenting a rare opportunity to acquire a 10-unit multifamily complex with significant upside potential. Held by long-term ownership and offered for the first time in years, this property is ideal for investors seeking steady occupancy with room to increase cash flow. All 10 units are currently occupied by long-term

    EDITH AVILEZ Fast Track Realty Co.

    524 E Fresno St, Avenal, CA 93204

Why Live in Avenal

Avenal, California, known as the "Pistachio Capital of the World," is a small town with a rich agricultural heritage. Founded in 1929 as an oil town, Avenal's economy is now primarily driven by pistachio farming, with many local farms supplying Wonderful Pistachios. The town features a mix of housing styles, including 1930s workman's cottages and newer Mediterranean-inspired homes. Recreational activities include off-roading in the nearby Horse Canyon and enjoying views from Cerro Lodoso. In town, there are a few community parks that provide grassy spaces for play. Skyline Boulevard, also known as state Route 269, serves as the town's main thoroughfare, offering Latin grocers, casual taquerias, and State Foods BBQ. Avenal is located 30 miles from Hanford and 60 miles from Fresno, with the nearest hospital being Coalinga Regional Medical Center, 20 miles away. The town experiences high temperatures and drought conditions, necessitating water conservation measures. The Avenal Police Department addresses local crime concerns, and the Avenal State Prison is situated just outside the town. Avenal is part of the Reef-Sunset Unified School District, which includes several local schools for elementary, middle, and high school students. The town's small size and agricultural focus contribute to its unique character, making it a distinctive place to live within the San Joaquin Valley.

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