UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,836 sqft
Price per Sqft $211
MLS Listing ID FR-25258454
Year Built 1972
Lot Size 1.000 Acres
Property Sub-Type Quadruplex
Source California Regional Multiple Listing Service (CRMLS)
Property Description
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.
Location
State CA
County Tulare
Interior
Heating Wall Furnace, Central, Forced Air
Laundry See Remarks, Inside
Exterior
Parking Features Driveway - Combination, Private, RV Access/Parking, Driveway
Pool None
Community Features Rural
Utilities Available Propane, Water Connected, Electricity Connected
Building
Lot Description Lot Over 40000 Sqft, Sprinkler System, 2-5 Units/Acre
Sewer Shared Septic
Nearby Locations
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Naghmeh Keyvani
Broker Associate License ID: DRE# 02091823
Broker Associate License ID: DRE# 02091823