14398 Avenue 88, Pixley, CA, CA 93256

$599,000

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List Price
$599,000
Price Change
▼ $41,000 1777525476
Status
ACTIVE
MLS#
FR25258454
County
Tulare
Year Built
1972
Building Square Feet
2,836
Square Feet
43,560
Days on Market
260
Property Type
Multifamily
Stories
One Level, Two Levels, Multi Level

Property Description

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.

Additional Information

Parcel Number
318180017000
Gross Scheduled Income
$55,200
Net Operating Income
$55,200
Number of Buildings
2
Lot Features
2-5 Units/Acre, Lot Over 40000 Sqft, Sprinkler System
Utilities
Electricity Connected, Propane, Water Connected
Heat
Central, Forced Air, Wall Furnace
Cooling
Yes
Sewer
Shared Septic
Water
Private, Shared Well
Community Features
Rural

Listing courtesy of Listing Agent: Gautam Atri (Contact@GautHome.com) from Listing Office: Universal Realty Services, Inc.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.