$1,050,000
SOLD OCT 17, 2025

40411 Live Oak Dr Oakhurst, CA 93644

8 Beds
11 Baths
8,480 Sq Ft
50,965 Sq Ft Lot

Recently Sold

$124 Per Sq Ft

12% Below List Price

12 Days on Market

Highlights

  • 1-Story Property
  • Landscaped
  • Central Heating and Cooling System

About This Home

As of October 2025

Brookview Apartments is a well-maintained 8-unit apartment complex ideally located in Oakhurst, CA the gateway to Yosemite National Park. Built in 1985, the property features spacious single-story, 2-bedroom units averaging approximately 1,060 square feet, each with in-unit laundry hookups, air conditioning, and separately metered utilities. Recent capital improvements include a new roof (2024). The property offers investors an attractive cap rate with a history of strong occupancy in a market defined by high rental demand. Tenants enjoy ample parking and a prime location close to downtown shopping, dining, grocery, recreation, transit, and Highway 41. With its stable income stream, quality improvements, and irreplaceable location near Yosemite, Brookview Apartments represents a rare opportunity to acquire a strong, income-producing asset in Madera County's thriving rental market.

Last Agent to Sell the Property

John Kelly

Century 21 Epic License #01949610 Listed on: 09/05/2025

Last Buyer's Agent

Non-Member 999999

Non-member Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1985

Lot Details

  • 1.17 Acre Lot
  • Landscaped

Interior Spaces

  • 8 Bedrooms
  • 8,480 Sq Ft Home
  • 1-Story Property
  • Washer and Dryer Hookup

Parking

  • 16 Parking Spaces
  • 8 Carport Spaces
  • Uncovered Parking
  • Off-Street Parking

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 064062030

Community Details

Overview

  • 2 Buildings
  • 8 Units

Building Details

  • Gross Income $122,976

Property Details

Home Type

Multi-Family

Year Built

Built in 1985

Lot Details

1.17 Acres

Listing Details

  • Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Apartments
  • Directions To Property: From CA-41 N turn left onto Rd 425A then turn right onto Live Oak Dr.
  • Lot Size Acres: 1.1700
  • CapRate: 5.70
  • Levels: One
  • Actual or Scheduled: Scheduled
  • Special Features: None

Interior Features

  • Square Footage: 8480.00
  • NumberOfBuildings: 2

Exterior Features

  • Lot Features: Landscape Front

Garage/Parking

  • Parking Features: Carport, Off Street, Uncovered
  • Total Parking Spaces: 16.00
  • Carport Spaces: 8.00

Utilities

  • Cooling: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Central
  • Laundry Features: Washer/Dryer Hookups

Lot Info

  • Assessor Parcel Number: 064062030
  • Lot Size Sq Ft: 50965.00

Building Info

  • Year Built: 1985

Multi Family

  • 1 Bedroom Rent Range: 1150-1400
  • Two Bedroom Rent Range: 1400-1650
  • Three Bedroom Rent Range: 1650-2250
  • Four Bedroom Annual Occupancy: 100
  • Four Bedroom Rent Range: 2250-500
  • Number Of2 Bedrooms Occupied: 8
  • NumberOfUnitsTotal: 8

MLS Schools

  • School District (County): Madera
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/17/2025 10/17/25 Sold $1,050,000 -12.1% $124 / Sq Ft
09/17/2025 09/17/25 Pending -- -- --
09/05/2025 09/05/25 For Sale $1,195,000 -- $141 / Sq Ft
Source: Bay Area Real Estate Information Services (BAREIS)

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 325078868

Bay Area Real Estate Information Services (BAREIS)
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