355 Pearson Dr Porterville, CA 93257
Porterville Northwest NeighborhoodEstimated payment $3,903/month
Highlights
- Park
- Laundry Room
- Central Heating and Cooling System
- Porterville High School Rated A-
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
Central Valley Property Advisors Brokerage Phone: 419-206-7117 License #02071696 Listed on: 04/02/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1973
Lot Details
- 6,000 Sq Ft Lot
- Two or More Common Walls
- Density is up to 1 Unit/Acre
Parking
- 4 Car Garage
Home Design
- Quadruplex
- Entry on the 1st floor
Interior Spaces
- 4,399 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 8 Bedrooms
- 8 Bathrooms
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Tax Lot 5
- Assessor Parcel Number 252252001000
- $3,921 per year additional tax assessments
Community Details
Recreation
- Park
Building Details
- 4 Leased Units
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $10,000
- Operating Expense $39,000
- Gross Income $84,384
- Net Operating Income $45,384
Additional Features
- 4 Units
- Laundry Facilities
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 |
|---|---|---|---|---|
| 04/02/2026 04/02/26 | For Sale | $675,000 | -- | $153 / Sq Ft |
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: California Regional Multiple Listing Service (CRMLS)
MLS Number: MD26071177
APN: 252-252-001-000
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Ask me questions while you tour the home.