1240 E K Ave Visalia, CA 93292
Southeast Visalia NeighborhoodEstimated payment $2,489/month
Highlights
- 1.5 Acre Lot
- Central Heating and Cooling System
- 1-Story Property
- No HOA
About This Home
**Investor's Dream in Prime Visalia Location!**Seize a rare opportunity to develop in Southeast Visalia with **1.5 acres of RM-2 zoned land** — **city-approved for 9 duplexes (18 total units!)**. That's right — all the heavy lifting has been done. One of the Dilapidated structure has already been removed for your convenience and approvals are already in place, Plans are already draw up, fast-tracking your investment timeline.The property currently features **one livable unit** with updates including newer flooring, yet it still retains vintage charm with a farmhouse sink and solid wood cabinetry. Whether you choose to rent during planning or begin development right away, this is a high-potential asset with **mountain views**, **proximity to town amenities**, and **room for serious cash flow growth**.Don't miss this golden opportunity to build out a multi-unit income-producing property in one of Visalia's growing neighborhoods.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $451
Year Built
- Built in 1933
Lot Details
- 1.5 Acre Lot
- Lot Dimensions are 58'x188'
- Zoning described as RM2
Parking
- No Garage
Home Design
- Composition Roof
Interior Spaces
- 960 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Bathroom
Utilities
- Central Heating and Cooling System
- Ductless Heating Or Cooling System
- Natural Gas Connected
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 123350001000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2025 | $451 | $40,425 | $12,243 | $28,182 |
2024 | $451 | $39,633 | $12,003 | $27,630 |
2023 | $439 | $38,857 | $11,768 | $27,089 |
2022 | $419 | $38,096 | $11,538 | $26,558 |
2021 | $420 | $37,349 | $11,312 | $26,037 |
2020 | $394 | $36,966 | $11,196 | $25,770 |
2019 | $393 | $36,241 | $10,976 | $25,265 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
06/16/2025 06/16/25 | Price Changed | $460,000 | -4.0% | $479 / Sq Ft |
06/13/2025 06/13/25 | Price Changed | $479,000 | +12.7% | $499 / Sq Ft |
06/13/2025 06/13/25 | For Sale | $425,000 | +37.5% | $443 / Sq Ft |
07/28/2023 07/28/23 | Sold | $309,000 | -4.9% | $322 / Sq Ft |
07/07/2023 07/07/23 | Pending | -- | -- | -- |
05/23/2023 05/23/23 | For Sale | $325,000 | -- | $339 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Grant Deed | -- | Chicago Title | |
Grant Deed | $309,000 | Chicago Title | |
Interfamily Deed Transfer | -- | -- |
Source: Tulare County MLS
MLS Number: 235794

APN: 123-350-001-000
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