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$ 469,000
Est. payment /mo
Pending
3749 S University Street Visalia, CA 93277
5 Beds
3 Baths
1,918 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Pending
Purchase Type For Sale
Square Footage 1,918 sqft
Price per Sqft $244
MLS Listing ID 239706
Bedrooms 5
Full Baths 3
Year Built 1996
Lot Size 0.269 Acres
Property Sub-Type Single Family Residence
Property Description
Investment opportunity with immediate rental income and strong long-term upside. This well-maintained property features a tenant-occupied 4 bedroom, 2 bathroom main residence, providing stable income potential from day one. In addition, the property includes a permitted approximately 500 sq ft ADU with its own private entrance and no shared walls with the main home, creating a completely separate living space ideal for additional rental income, multigenerational use, or future flexibility. The ADU will be delivered vacant and was previously rented for $1,300/month. Situated on an oversized lot larger than many neighboring properties, the property offers excellent potential for future improvements, including space for a pool, pool house, expanded outdoor amenities, or additional value-add opportunities. The garage has been upgraded with soft flooring, making it suitable for a home gym, workspace, or other flexible uses. The grounds feature mature landscaping and a wide variety of established fruit trees, including apricot, pomegranate, apple, lemon, guava, olive, and orange, along with grapevines, jasmine, and bougainvillea. Automatic sprinklers are installed and operational. Privacy shrubs line the front fencing, and the spacious backyard offers additional room for gardening or outdoor enhancements. Conveniently located in a desirable neighborhood within walking distance to Cottonwood Elementary, a nearby Montessori school, parks, WinCo, Target, and other shopping amenities. With dual-living potential, existing rental income, and a large usable lot, this property presents an excellent opportunity for investors seeking cash flow and future appreciation potential.
Location
State CA
County Tulare
Interior
Heating Central, Fireplace(s)
Cooling Ceiling Fan(s), Central Air
Fireplaces Type Living Room
Exterior
Garage Spaces 2.0
Utilities Available Electricity Connected, Sewer Connected, Water Connected
View Y/N N
Roof Type Composition
Building
Lot Description Irregular Lot
Story 1
Sewer Public Sewer
Listed by Brandon Beachy • RPS Real Estate