About This Home

This 7-bedroom, 4-bathroom multi-family at 549 S Del Norte in Kerman, CA is listed for $1,200,000. Built in 1950, on a 0.38 acres lot.

Key Features

  • Built in 1950
  • 0.38 acre lot
  • 7 parking spaces

Property Details

1 story
4 full
3-car garage
1950

Amenities

ViewA/C
Listing Description

Fantastic investment opportunity in Kerman, CA featuring 4 separate units on one single APN! This well-maintained multi-family property offers strong, immediate rental income with exceptional potential. Consisting of four spacious units, each residence comes complete with its own private garage (except for unit 567) and dedicated carport for maximum tenant convenience.

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. 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.

Monthly Cost Estimate

$6,418/mo

20% down · 6.5% · 30 years

Principal$868
Interest$5,200
Insurance$350

Estimates only. Actual payments may vary.

Location

549 S Del Norte

Kerman, CA 93630

Features & Amenities

Interior Features

StorageGranite Counters

Property Details

Flooring

LaminateTileCarpetVinyl

Construction

Stucco Drywall Walls

Views

City

Parking

Off StreetGarageCarport

Heating

Central

Cooling

Central Air

Appliances

Water HeaterMicrowaveIndoor Grill

Questions & Answers

This 7-bedroom, 4-bathroom multi-family at 549 S Del Norte is listed at $1,200,000. The estimated monthly payment is $6,418 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1950, 0.38 acre lot, 7 parking spaces. Interior Features: Storage, Granite Counters.

This property is listed by Allen Mendrin.

AM

Allen Mendrin

License 02035462

Agent at GateHouse Properties

Listed by GateHouse Properties · Broker phone: (714) 743-9882 · Broker website

MLS# OC26218166· Source: California Regional Multiple Listing Service, Inc· 25 days on PropertySimple

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

549 S Del Norte, Kerman, CA 93630

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