NOT LISTED FOR SALE
1 Bed
1 Bath
11,440 Sq Ft
0.55 Acre Lot

Sale Details

Date Sold: March 26, 2026

Last sale price $2,105,000 $184 Per Sq Ft

20 Days on Market

Highlights

  • 0.55 Acre Lot
  • No HOA
  • Central Heating and Cooling System

About This Home

As of March 2026

Well-maintained 16-unit property with a solid unit mix of 8 one-bedroom units and 8 three-bedroom units. Built in 1986, with select units remodeled in 2025. Located on a quiet, primarily residential block. The property features open garage parking, on-site laundry for added income, and is walking distance to shopping and schools. Two units are currently vacant due to remodel, giving a new owner immediate rent-up upside. A clean, turnkey investment with reliable income and built-in value-add potential.PROPERTY HIGHLIGHTS Immediate value-add upside through interior rent growth as remaining units are brought to market standard Strong in-place fundamentals with the ability to push NOI without major capital projects Desirable residential setting that supports reliable income tenancy and reduced turnover Larger unit mix positions the asset above typical

Last Agent to Sell the Property

Beau Miracle

Miracle Realty License #01896847 Listed on: 01/09/2026

Last Buyer's Agent

Non-MLS Member

Non-MLS Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1986

Lot Details

  • 0.55

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 11,440 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Parking

  • 16 Carport Spaces
  • 1 Parking Space Included

Additional Features

  • 23,958 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for water, cable TV, electricity
  • Assessor Parcel Number 110-620-09000

Community Details

Overview

  • No Home Owners Association
  • 16 Units

Building Details

  • Net Operating Income $224,952

Property Details

Home Type

Multi-Family

Year Built

Built in 1986

Lot Details

0.55 Acres

Listing Details

  • Property Type: Residential Income
  • Property Subtype 1: 5 or More Units
  • Year Built: 1986
  • Levels: Two
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Total Bathrooms: 1
  • Price Per Square Foot: 184.00
  • Square Footage: 11440.00

Exterior Features

  • Construction Materials: Stucco
  • Disclosures/Documents: See Remarks
  • Foundation: Concrete Perimeter
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 2388000.00
  • New Construction: No
  • Pool: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Carport Spaces: 16.00
  • Parking Features: 1 Space Per Unit, Carport

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: Madera Unified

Lot Info

  • Lot Size Acres: 0.5500
  • Lot Size Sq Ft: 23958.00

Rental Info

  • Tenant Pays: Water, Cable TV, Electricity

Multi Family

  • Income Includes: ["Laundry","Rent Only"]
  • Number of Units: 16

Tax Info

  • Assessor Parcel Number: 110-620-09000

MLS Schools

  • School District (County): Madera

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2026
Closed on
Mar 24, 2026
Sold by
Bought by
Seller's Agent
Beau Miracle
Miracle Realty
Buyer's Agent
Non-MLS Member
Non-MLS Office
List Price
$2,388,000
Sold Price
$2,105,000
Premium/Discount to List
-$283,000
-11.85%

Purchase Details

Closed on
Jan 22, 2025
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
0.0695%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 26, 2024
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,350,000
Interest Rate
0.0695%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 21, 2012
Sold by
Bought by

Purchase Details

Closed on
Oct 11, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$825,000
Interest Rate
0.0574%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 24, 2005
Sold by
Bought by

Purchase Details

Closed on
Aug 9, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$402,500
Interest Rate
0.0643%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 23, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$402,500
Interest Rate
0.0643%
Mortgage Type
Commercial
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,105,000 Placer Title Company
$1,650,000 Placer Title Company
$1,066,535 Placer Title Company
-- None Available
$1,400,000 Chicago Title
-- Chicago Title
-- Chicago Title Co
$575,000 Chicago Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $320,000
Previous Owner $1,350,000
Previous Owner $1,000,000
Previous Owner $75,000
Previous Owner $500,000
Previous Owner $825,000
Previous Owner $300,000
Previous Owner $540,000
Previous Owner $402,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/26/2026 03/26/26 Sold $2,105,000 -11.9% $184 / Sq Ft
01/29/2026 01/29/26 Pending -- -- --
01/09/2026 01/09/26 For Sale $2,388,000 -- $209 / Sq Ft
Source: MetroList

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $10,172 $876,737 $139,267 $737,470
2023 $10,172 $842,713 $133,860 $708,853
2022 $9,505 $825,700 $131,236 $694,464
2021 $9,321 $809,511 $128,663 $680,848
2020 $9,492 $801,211 $127,344 $673,867
2019 $9,422 $785,502 $124,848 $660,654
2018 $8,689 $770,100 $122,400 $647,700
2017 $8,587 $755,000 $120,000 $635,000
2016 $11,850 $1,050,000 $150,000 $900,000
2015 $10,223 $900,000 $100,000 $800,000
2014 $9,738 $900,000 $100,000 $800,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 226600177

MetroList
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