355 Pearson Dr Porterville, CA 93257
Porterville Northwest NeighborhoodEstimated payment $3,795/month
About This Home
Side-by-Side 4-Unit Investment Opportunity - Purchase Individually or as an 8-Unit PackageTwo adjacent 4-plex properties are now available in central Porterville, each offering identical 2-bedroom, 1-bath units. Buyers have the flexibility to acquire one property or secure both as a package deal, creating an 8-unit footprint with operational efficiencies and expanded income potential.This particular 4-unit property reflects clear pride of ownership, with strong curb appeal and a well-maintained exterior. All units are occupied by long-term tenants, providing consistent income from day one.Located in the central part of town near shopping, schools, and daily conveniences, the property benefits from solid rental demand in an appreciating area. There is additional upside through strategic rent adjustments over time, making this a compelling value-add opportunity for investors seeking dependable performance and long-term growth.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1973
Parking
- 2 Car Garage
Additional Features
- 2-Story Property
- 6,000 Sq Ft Lot
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 252-252-001-000
Community Details
Overview
- 4 Units
Building Details
- Gross Income $42,420
- Net Operating Income $32,420
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 | $3,850 | $362,540 | $72,507 | $290,033 |
| 2024 | $3,850 | $355,433 | $71,086 | $284,347 |
| 2023 | $3,847 | $348,465 | $69,693 | $278,772 |
| 2022 | $3,728 | $341,633 | $68,327 | $273,306 |
| 2021 | $3,684 | $334,934 | $66,987 | $267,947 |
| 2020 | $3,645 | $331,500 | $66,300 | $265,200 |
| 2019 | $3,624 | $329,008 | $63,494 | $265,514 |
| 2018 | $3,560 | $322,557 | $62,249 | $260,308 |
| 2017 | $3,472 | $316,232 | $61,028 | $255,204 |
| 2016 | $3,332 | $310,031 | $59,831 | $250,200 |
| 2015 | $3,205 | $305,374 | $58,932 | $246,442 |
| 2014 | $3,205 | $299,393 | $57,778 | $241,615 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/27/2026 02/27/26 | For Sale | $675,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | None Available | |
| Grant Deed | -- | None Available | |
| Grant Deed | $420,000 | Chicago Title Company |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $294,000 | Purchase Money Mortgage |
Source: Bakersfield Association of REALTORS® / GEMLS
MLS Number: 202602172
APN: 252-252-001-000
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Ask me questions while you tour the home.