About This Home
This 0-bedroom, 0-bathroom multi-family at 524 E Fresno Street in Avenal, CA is listed for $739,999 ($126 per sqft). the home offers 5,862 sqft of living space on a 0.29 acres lot.
Key Features
- 0.29 acre lot
Property Details
Exceptional 10-Unit Investment Opportunity - First Time on the Market in Years Presenting a rare opportunity to acquire a 10-unit multifamily complex with significant upside potential. Held by long-term ownership and offered for the first time in years, this property is ideal for investors seeking steady occupancy with room to increase cash flow.
All 10 units are currently occupied by long-term tenants, reflecting consistent rental history and strong demand in the area. Rents are currently below market value due to long-standing tenancies, offering a clear value-add opportunity for the next owner.
All leases are month-to-month, providing flexibility to adjust rents to market rates. Each unit features separate utility meters, minimizing owner expenses and maximizing net operating income. The property is conveniently located within walking distance to the police department and fire department, adding an extra layer of desirability and tenant appeal.
Monthly Cost Estimate
$3,958/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
524 E Fresno Street
Avenal, CA 93204
Questions & Answers
This 0-bedroom, 0-bathroom multi-family at 524 E Fresno Street is listed at $739,999 ($126/sqft). The estimated monthly payment is $3,958 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: 0.29 acre lot.
This property is listed by Edith Avilez and can be reached at 9515452545.