$675,000

Estimated payment $3,795/month

Total Views 3,298
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

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.

Listing Agent

Ramon Serrato

Central Valley Property Adviso License #02179349 Listed on: 02/27/2026

Co-Listing Agent

Eric Van Denk

Central Valley Property Adviso License #02071696

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1973

Lot Details

6,000 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1973
  • Building Stories: 2
  • Deposit Amount Required: 6750.00
  • Property Sub Type: 4 Units
  • Lot Size Acres: 0.1377
  • Co List Office Mls Id: 11174
  • Special Features: None
  • Stories: 2

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Number Of Garages: 2
  • Parking Features: Garage

Utilities

  • Heatcool: Central AC, Central Heat

Schools

  • High School: Other-Outlying
  • Middle Or Junior School: Other-Outlying

Lot Info

  • Zoning Description: R-4
  • Lot Size Sq Ft: 6000.00
  • Parcel #: 252-252-001-000

Multi Family

  • Total Annual Expense: 10000.00
  • Vacancy Factor: 3.00
  • Number Of Units Total: 4
  • Existing Lease Type: Net
  • Annual Gross Income: 42420.00
  • Property Net Operating Income: 32420.00

MLS Schools

  • Elementary School: Other-Outlying

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

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
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2026 02/27/26 For Sale $675,000 -- --
Source: Bakersfield Association of REALTORS® / GEMLS

Purchase History

Date Type Sale Price Title Company
Grant Deed -- None Available
Grant Deed -- None Available
Grant Deed $420,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $294,000 Purchase Money Mortgage
Source: Public Records

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202602172

Bakersfield Association of REALTORS® / GEMLS

APN: 252-252-001-000

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