$642,500
SOLD SEP 23, 2025
4 Beds
1 Bath
5,123 Sq Ft
7,135 Sq Ft Lot

Recently Sold

$125 Per Sq Ft

1% Below List Price

33 Days on Market

Highlights

  • Two cooling system units
  • Laundry Room
  • Heating Available
  • Porterville High School Rated A-
  • Fenced

About This Home

As of September 2025

Investment Opportunity in the Heart of Porterville! Introducing this spacious 2-story fourplex ideally located near Downtown Porterville, within close proximity to Porterville High School, Bartlett Middle School, and Bellevue Elementary--making it highly attractive for long-term tenants and steady rental income. This well-maintained multi-unit property includes:Unit 1: A rare 4-bedroom with potential of bonus studio with 1 bath, private back entrance, and a 1-car garage - perfect for multigenerational living or a larger household.Unit 2: A comfortable 2-bedroom, 1-bath with its own 1-car garage, ideal for small families or couples.Unit 3: A desirable 2-bedroom, 1.5-bath layout with added convenience, plus a 1-car garage.Unit 4: A spacious 2-bedroom, 1-bath with a generous 2-car garage, offering extra parking or storage value.With a strong rental market and schools, parks, and shops just minutes away, this property offers the perfect blend of functionality, location, and long-term potential. Whether you're a seasoned investor or building your portfolio, this fourplex is a solid choice in a growing community.

Last Agent to Sell the Property

Alicia Jimenez

Realty ONE Group Summit License #01513944 Listed on: 06/12/2025

Realty ONE Group Summit

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1974

Lot Details

  • 7,135 Sq Ft Lot
  • No Common Walls
  • Fenced
  • No Sprinklers

Parking

  • 5 Car Garage
  • Parking Available

Home Design

  • Quadruplex

Interior Spaces

  • 5,123 Sq Ft Home
  • 2-Story Property
  • Electric Range
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Bathroom

Utilities

  • Two cooling system units
  • Heating Available

Community Details

  • Insurance Expense $2,043
  • Trash Expense $60
  • Operating Expense $2,250
  • Gross Income $36,300
  • Net Operating Income $33,300

Listing and Financial Details

  • Tax Tract Number 38
  • Assessor Parcel Number 252252003000

Property Details

Home Type

Multi-Family

Year Built

Built in 1974

Lot Details

0

Parking

5

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Morton Gardens LT7
  • View: No
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 252252003000
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 125.41

Exterior Features

  • Fence: Yes
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 5.00
  • Parking: Yes
  • Total Parking Spaces: 5.00

Utilities

  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Range
  • Sewer: Public Sewer
  • Trash Expense: 60.00
  • Water Source: Public
  • Cooling: Dual
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Land Lease: No
  • Lot Features: Sprinklers None
  • Lot Size Sq Ft: 7135.00
  • Lot Size Acres: 0.1638

Multi Family

  • Gross Income: 36300.00
  • Gross Scheduled Income: 36300.00
  • Insurance Expense: 2043.00
  • Lot Size Area: 7135.0000 Square Feet
  • Net Operating Income: 33300.00
  • Operating Expense: 3000.00
  • Rent Control: No
  • Total Expenses: 2250.00

Tax Info

  • Tax Tract Number: 38.01

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2025
Closed on
Jul 29, 2025
Sold by
Grimaldi Maria Elena
Bought by
Pena Carlos
Seller's Agent
Alicia Jimenez
Realty ONE Group Summit
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$650,000
Sold Price
$642,500
Premium/Discount to List
-$7,500
-1.15%
Views
13
Current Estimated Value
$652,767

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,267
Avg. Annual Appreciation
6.55%
Original Mortgage
$514,000
Interest Rate
6.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 9, 2007
Sold by
Grimaldi Maria Elena
Bought by
Grimaldi Maria Elena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 17, 2004
Sold by
Weir Walter
Bought by
Grimaldi Maria Elena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
7.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 26, 2003
Sold by
Weir Walter
Bought by
Weir Walter and Trust A Of The Weir Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,250
Interest Rate
4.87%

Purchase Details

Closed on
Jan 13, 2003
Sold by
Upton Paul W
Bought by
Weir Walter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,250
Interest Rate
4.87%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $642,500 Consumers Title
Interfamily Deed Transfer -- United General Title Ins Co
Interfamily Deed Transfer -- United General Title Ins Co
Grant Deed $350,000 Chicago Title Co
Interfamily Deed Transfer -- Chicago Title Co
Interfamily Deed Transfer -- Chicago Title Co
Grant Deed $195,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $514,000 New Conventional
Previous Owner $325,000 Purchase Money Mortgage
Previous Owner $315,000 Purchase Money Mortgage
Previous Owner $146,250 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/23/2025 09/23/25 Sold $642,500 -1.2% $125 / Sq Ft
06/11/2025 06/11/25 For Sale $650,000 -- $127 / Sq Ft
Source: Ventura County Regional Data Share

Tax History Compared to Growth

Source: Public Records

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 $5,181 $487,882 $69,696 $418,186
2024 $5,181 $478,317 $68,330 $409,987
2023 $5,177 $468,940 $66,991 $401,949
2022 $5,017 $459,746 $65,678 $394,068
2021 $4,958 $450,731 $64,390 $386,341
2020 $3,519 $320,000 $40,000 $280,000
2019 $3,525 $320,000 $40,000 $280,000
2018 $3,531 $320,000 $40,000 $280,000
2017 $3,513 $320,000 $40,000 $280,000
2016 $3,439 $320,000 $40,000 $280,000
2015 $2,569 $280,000 $50,000 $230,000
2014 $2,569 $240,000 $35,000 $205,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ventura County Regional Data Share

MLS Number: V1-30519

Ventura County Regional Data Share

APN: 252-252-003-000