Deanna Spellman
Realty Concepts, Ltd
(559) 272-6146
82 Total Sales
2 in West Madera
$450,000 Price Range
128 Park St Madera, CA 93637
West Madera Neighborhood
8
Beds
1
Bath
2,952
Sq Ft
6,534
Sq Ft Lot
Highlights
- No HOA
- Laundry Facilities
- 1-Story Property
About This Home
As of July 2025Experience the perfect blend of investment potential and tenant appeal with this well-maintained multi-family property in the heart of Madera. Offering four thoughtfully designed units, each featuring two bedrooms and one bathroom, this income-generating asset is primed for long-term stability and financial growth. Private patios provide a welcoming outdoor retreat, while dedicated carport parking ensures convenience for residents. The on-site laundry facilities further enhance tenant satisfaction. One unit has been tastefully remodeled, adding value and increasing rent potential.
This fourplex is FHA-eligible, making it an ideal opportunity for owner-occupants seeking to leverage low down payment financing while benefiting from rental income. The property meets FHA guidelines for multi-unit residences and offers a promising avenue for both first-time buyers and seasoned investors alike.
Located near Madera High School, shopping centers, and essential amenities, this property enjoys strong rental demand and easy access to daily necessities. With reliable rental income, attractive financing options, and room for future appreciation, this investment opportunity is one to seize. Whether you're expanding your portfolio or searching for a property that combines homeownership with investment rewards, this four-unit complex delivers exceptional value in a thriving community.
Last Agent to Sell the Property
Universal Realty Services, Inc Brokerage Phone: 559-917-1113 License #02050505 Listed on: 05/06/2025
Last Buyer's Agent
General NONMEMBER
NONMEMBER MRML
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1978
Lot Details
- 6,534 Sq Ft Lot
- Two or More Common Walls
- Density is 2-5 Units/Acre
Home Design
- Apartment
- Entry on the 1st floor
Interior Spaces
- 8 Bedrooms
- 2,952 Sq Ft Home
- 1-Story Property
Parking
- 4 Parking Spaces
- 4 Carport Spaces
Location
- Urban Location
Listing and Financial Details
- Legal Lot and Block 14 / 3
- Assessor Parcel Number 012013015
Community Details
Overview
- No Home Owners Association
- 4 Units
Amenities
- Laundry Facilities
Building Details
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 4 Separate Water Meters
- Operating Expense $12,472
- Gross Income $45,900
- Net Operating Income $33,428
Home Values in the Area
Average Home Value in this Area
Agents Specializing in West Madera, CA
-
Deanna Spellman
-
Joe Parks
Joe Parks
eXp Realty of California, Inc
(559) 242-1384
55 Total Sales
1 in West Madera
$325,800 Price
-
Marisela Ramos
Marisela Ramos
Real Broker
(559) 395-1469
112 Total Sales
9 in West Madera
$238K - $645K Price Range
-
Catherine Sawatsky
Catherine Sawatsky
Cygnus Estates
(559) 354-7671
91 Total Sales
2 in West Madera
$330K - $335K Price Range
-
Ken Neufeld
Ken Neufeld
London Properties, Ltd.
(559) 354-0281
128 Total Sales
1 in West Madera
$395,000 Price
-
Jason Fretag
Jason Fretag
Century 21 Select Real Estate
(559) 306-0820
71 Total Sales
1 in West Madera
$555,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $565,000 | Stewart Title Of California | ||
| Beas Le Shell Jacque | $550,000 | Chicago Title | |
| Madhireddy Deepika | -- | Chicago Title | |
| Madhireddy Deepika | $375,000 | Chicago Title | |
| Campos Jorge | -- | Chicago Title Company | |
| Campos Jorge | -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $300,000 | ||
| Previous Owner | Beas Le Shell Jacque | $1,260,000 | |
| Previous Owner | Madhireddy Deepika | $281,250 | |
| Previous Owner | Campos Jorge | $104,000 | |
| Previous Owner | Campos Jorge | $182,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/28/2025 07/28/25 | Sold | $575,000 | -10.2% | $195 / Sq Ft | |
| 06/02/2025 06/02/25 | Pending | -- | -- | -- | |
| 06/01/2025 06/01/25 | For Sale | $640,000 | 0.0% | $217 / Sq Ft | |
| 05/12/2025 05/12/25 | Pending | -- | -- | -- | |
| 05/06/2025 05/06/25 | For Sale | $640,000 | +16.4% | $217 / Sq Ft | |
| 06/21/2022 06/21/22 | Sold | $550,000 | +3.8% | $186 / Sq Ft | View Prior Sale |
| 06/04/2022 06/04/22 | Pending | -- | -- | -- | |
| 05/26/2022 05/26/22 | Price Changed | $530,000 | +1.9% | $180 / Sq Ft | |
| 05/26/2022 05/26/22 | For Sale | $520,000 | 0.0% | $176 / Sq Ft | |
| 04/28/2022 04/28/22 | Pending | -- | -- | -- | |
| 04/28/2022 04/28/22 | For Sale | $520,000 | 0.0% | $176 / Sq Ft | |
| 03/26/2022 03/26/22 | Pending | -- | -- | -- | |
| 03/18/2022 03/18/22 | For Sale | $520,000 | +38.7% | $176 / Sq Ft | |
| 12/01/2020 12/01/20 | Sold | $375,000 | 0.0% | $127 / Sq Ft | View Prior Sale |
| 09/30/2020 09/30/20 | Pending | -- | -- | -- | |
| 09/27/2020 09/27/20 | For Sale | $375,000 | -- | $127 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $6,702 | $595,335 | $64,945 | $530,390 |
| 2025 | $6,752 | $583,663 | $63,672 | $519,991 |
| 2023 | $6,752 | $561,000 | $61,200 | $499,800 |
| 2022 | $4,394 | $382,500 | $61,200 | $321,300 |
| 2021 | $4,312 | $375,000 | $60,000 | $315,000 |
| 2020 | $2,617 | $220,371 | $24,562 | $195,809 |
| 2019 | $2,598 | $216,051 | $24,081 | $191,970 |
| 2018 | $2,396 | $211,815 | $23,609 | $188,206 |
| 2017 | $2,368 | $207,663 | $23,147 | $184,516 |
| 2016 | $2,309 | $203,593 | $22,694 | $180,899 |
| 2015 | $2,278 | $200,536 | $22,354 | $178,182 |
| 2014 | $2,127 | $196,609 | $21,917 | $174,692 |
Source: Public Records
Agents Affiliated with this Home
-
Gautam Atri
Seller's Agent in 2025
Gautam Atri
Universal Realty Services, Inc
(559) 917-1113
1 in this area
63 Total Sales
-
GN
Buyer's Agent in 2025
General NONMEMBER
NONMEMBER MRML
-
CA
Buyer's Agent in 2025
Chris Arthur
ITECH MLS
-
Jessica Ramirez
Seller's Agent in 2022
Jessica Ramirez
Vylla Home, Inc.
(559) 363-0088
4 in this area
66 Total Sales
-
Julie Ann Garcia-Gonzalez
Buyer's Agent in 2022
Julie Ann Garcia-Gonzalez
M.C. Real Estate Corp
(559) 706-3177
2 in this area
22 Total Sales
-
Beverly Grabel
Seller Co-Listing Agent in 2020
Beverly Grabel
Epique Realty
(559) 307-3994
28 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: FR25100516
APN: 012-013-015
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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