Seller's Agent in 2022
Rene Jimenez
ARREBA
(909) 697-2076
1 in this area
50 Total Sales
600 S Encina St Visalia, CA 93277
Washington Neighborhood
10
Beds
10
Baths
4,480
Sq Ft
8,729
Sq Ft Lot
Highlights
- Corner Lot
- 5 Attached Carport Spaces
- Central Heating and Cooling System
- Laundry Room
- Landscaped
- 2-minute walk to Jefferson Park
About This Home
As of September 2022Here is a 5-unit commercial income property fully occupied that has been professionally managed. All of the units are 2 bedrooms and 1-1/2 baths, half bath is located downstairs of each unit. One unit has a fireplace and a balcony. All units have their own meter and all have central heat and air. 3 units have been updated and show very well. 2 units need some cosmetic work but both are in good shape. Central heat and air for each unit. The garage roof was just redone with new wood boards. This is a great investment for any buyer looking for passive income, 1031 exchange, or looking to add to their investment portfolio. This property is minutes from downtown, close to shopping centers, schools, and easy Fwy access.
Last Buyer's Agent
General NONMEMBER
NONMEMBER MRML
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1971
Lot Details
- 8,728 Sq Ft Lot
- Two or More Common Walls
- Landscaped
- Corner Lot
Home Design
- Apartment
Interior Spaces
- 4,480 Sq Ft Home
- 2-Story Property
- Living Room with Fireplace
- Laundry Room
Bedrooms and Bathrooms
- 10 Bedrooms
- 10 Bathrooms
Parking
- 5 Parking Spaces
- 5 Attached Carport Spaces
- Parking Available
Utilities
- Central Heating and Cooling System
- Septic Type Unknown
Listing and Financial Details
- Legal Lot and Block 1 / 11
- Assessor Parcel Number 097037001000
- $200 per year additional tax assessments
Community Details
Building Details
- 5 Leased Units
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 5 Separate Water Meters
- Electric Expense $328
- Insurance Expense $2,200
- Maintenance Expense $2,525
- Professional Management Expense $2,290
- Trash Expense $3,209
- Water Sewer Expense $468
- Operating Expense $27,794
- Gross Income $37,900
- Net Operating Income $27,794
Additional Features
- 5 Units
- Laundry Facilities
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/01/2022 09/01/22 | Sold | $550,000 | -4.3% | $123 / Sq Ft | |
| 07/18/2022 07/18/22 | Pending | -- | -- | -- | |
| 06/07/2022 06/07/22 | For Sale | $574,499 | +4.5% | $128 / Sq Ft | |
| 06/03/2022 06/03/22 | Off Market | $550,000 | -- | -- | |
| 05/23/2022 05/23/22 | Price Changed | $574,500 | -0.1% | $128 / Sq Ft | |
| 05/20/2022 05/20/22 | For Sale | $575,000 | 0.0% | $128 / Sq Ft | |
| 05/16/2022 05/16/22 | Pending | -- | -- | -- | |
| 05/10/2022 05/10/22 | For Sale | $575,000 | +96.9% | $128 / Sq Ft | |
| 07/11/2016 07/11/16 | Sold | $292,000 | -2.3% | $65 / Sq Ft | View Prior Sale |
| 03/01/2016 03/01/16 | Pending | -- | -- | -- | |
| 01/10/2016 01/10/16 | For Sale | $299,000 | -- | $67 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $8,003 | $572,220 | $78,030 | $494,190 |
| 2024 | $8,003 | $561,000 | $76,500 | $484,500 |
| 2023 | $5,863 | $550,000 | $75,000 | $475,000 |
| 2022 | $3,327 | $319,344 | $32,809 | $286,535 |
| 2021 | $3,331 | $313,083 | $32,166 | $280,917 |
| 2020 | $3,299 | $309,873 | $31,836 | $278,037 |
| 2019 | $3,196 | $303,797 | $31,212 | $272,585 |
| 2018 | $3,136 | $297,840 | $30,600 | $267,240 |
| 2017 | $3,083 | $292,000 | $30,000 | $262,000 |
| 2016 | $2,735 | $256,939 | $61,176 | $195,763 |
| 2015 | $2,697 | $253,079 | $60,257 | $192,822 |
| 2014 | $2,657 | $248,122 | $59,077 | $189,045 |
Source: Public Records
Agents Affiliated with this Home
-
Rene Jimenez
-
G
Buyer's Agent in 2022
General NONMEMBER
NONMEMBER MRML
-
Alfonso De La Torre
Seller's Agent in 2016
Alfonso De La Torre
Option West Realty
(949) 887-9477
7 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: IV22096005
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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