$925,000
$1,100,000
15.9%For more information regarding the value of a property, please contact us for a free consultation.
830 E Laurel Avenue Porterville, CA 93257
5 Beds
3 Baths
2,970 SqFt
Key Details
Sold Price $925,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,970 sqft
Price per Sqft $311
MLS Listing ID 217822
Sold Date 10/18/23
Bedrooms 5
Full Baths 2
Three Quarter Bath 1
Year Built 1970
Lot Size 10.000 Acres
Property Sub-Type Single Family Residence
Property Description
4 fully rented homes on 10 acres with eventual 30 lot subdivision in the works. There are a total of 12 bedrooms and 7 baths in the 4 homes. Total rental income of $4,320 monthly.
There is a 2964 sq. ft. 5 BR 3 BA home ($1700) and 3 additional accessory units, a 3 BR 1 1/2 BA ($1010), and two 2 BR 1 BA homes $800 each).
The current owner has been working the property through the City of Porterville to get the 30 lot subdivision approved. It is currently close to approval to sell of 4 existing homes. See attached proposed subdivision map and details from City of Porterville planning.
Location
State CA
County Tulare
Interior
Heating Central
Cooling Central Air, Evaporative Cooling, Varies by Unit
Fireplaces Type Wood Burning
Exterior
Garage Spaces 4.0
Utilities Available Electricity Connected, Natural Gas Connected, Water Connected
View Y/N N
Roof Type Composition
Building
Story 1
Sewer Septic Tank
Read Less
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Bought with Raffaella Woods