$599,000
Investment Opportunity in Pixley - 14398 Avenue 88. Welcome to a rare multi-unit property in the heart of Pixley, offering immediate cash flow and long-term wealth potential. This isn't just real estate; it's a turnkey income-producing asset designed for legacy building. 8 Bed, 5 bath. Property Highlights: Main House (Yellow House). - Unit A: Spacious 4 bed / 2 bath, currently rented at $1,800/month. - Unit B: 1 bed / 1 bath, currently rented at $800/month. Back House (Brown House). - Unit C: 1 bed / 1 bath, currently rented at $1,000/month. - Unit D: 2 bed / 1 bath, currently rented at $1,000/month. Key Features: - 4 fully independent rental units with separate entrances. - Separate PGE electric meters + separate addresses for each unit. - Shared water meter, propane utilities. - Strong rental history with consistent occupancy. - Flexible layout ideal for multi-generational living, rental income, or portfolio expansion. This property is a cash-flow machine with over $4,600/month in gross rents already in place. Investors will appreciate the stability of multiple units, while owner-occupants can live in one and let the others pay the mortgage. With separate meters and entrances, each unit feels private and independent making it easy to manage and attractive to tenants. Strategically located in Pixley, this property offers small-town charm with easy access to major highways, connecting you to Tulare, Bakersfield, and Fresno. Bottom Line: 14398 Avenue 88 isn't just a property, it's a wealth-building vehicle. Whether you're expanding your portfolio or stepping into multi-unit ownership for the first time, this opportunity delivers immediate returns and long-term upside. With modest rent adjustments over the next 12-24 months, $6,000-$6,500+/month is easily achievable.
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Listed by Gautam Atri with Universal Realty Services, Inc (559) 298-0180
Property Type
Quadruplex
Status
Active
MLS Number
FR25258454
Year Built
1972
Lot Size
1.00 acres