UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC26218166
HOA Y/N No
Year Built 1950
Lot Size 0.379 Acres
Property Sub-Type Quadruplex
Property Description
Unit Breakdown & Updates:
549 Del Norte: Generous 2 BD / 1 BA unit (1,140 SF) fully updated 2 years ago featuring a completely remodeled kitchen with new cabinets, granite countertops, and stainless steel sink. Updated bathroom boasts a custom walk-in shower and double vanity. Finished with classic vinyl hardwood flooring throughout and new vinyl in the kitchen and indoor laundry room. Currently rented at $1,050/mo.
575 Del Norte: Spacious 1 BD / 1 BA unit (1,060 SF) remodeled 1 year ago with a brand-new kitchen including new cabinetry, granite counters, and stainless steel sink. Features a private exterior porch off the kitchen door and durable new vinyl flooring throughout. Currently rented at $875/mo.
567 & 557 Del Norte: Two identical 2 BD / 1 BA units (900 SF each) built in 2012, featuring functional tile flooring in main living areas and cozy carpeting in the bedrooms. Equipped with indoor fire sprinkler systems for safety and modern code compliance. Each rented at $1,000/mo ($2,000/mo combined).
Financial Highlights:
Gross Annual Income: $43,825
2025 Operating Expenses: $9,207
Insurance: $4,424 | Property Tax: $2,928
With updated interiors, strong historical cash flow, low-maintenance 2012 construction on select units, and private covered parking for all tenants, this 4-unit property on one lot makes an exceptional addition to any savvy investor's portfolio. All units have gas, AC and yard access! Conveniently located near local Kerman amenities, schools, and main transit routes! Buyer to review and satisfy themselves regarding square footage, property details, and all aspects of the property.
Location
State CA
County Fresno
Area 699 - Not Defined
Interior
Interior Features Granite Counters, Storage, All Bedrooms Down, Bedroom on Main Level, Main Level Primary, Walk-In Closet(s)
Heating Central
Cooling Central Air
Flooring Carpet, Laminate, Tile, Vinyl
Fireplace No
Appliance Indoor Grill, Microwave, Water Heater
Laundry Inside
Exterior
Exterior Feature Lighting
Parking Features Carport, Garage, Off Street
Garage Spaces 3.0
Carport Spaces 4
Garage Description 3.0
Fence Block
Pool None
Community Features Curbs, Sidewalks
Utilities Available Cable Available, Electricity Available, Electricity Connected, Phone Available, Phone Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
View Y/N Yes
View City Lights, Trees/Woods
Roof Type Shingle
Accessibility Parking
Total Parking Spaces 7
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 1
Entry Level One
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 02334334S
Security Features Carbon Monoxide Detector(s),Fire Detection System,Fire Sprinkler System,Smoke Detector(s)
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
Virtual Tour https://www.youtube.com/watch?v=zkf32sezgbg
Lease Land No
NEARBY SCHOOL & BUSINESS
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