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.
Sold for $925,000 on 10/18/23
$925,000
830 E Laurel Avenue, Porterville, CA 93257
5beds
2,970sqft
Single Family Residence, Residential
Built in 1970
10 Acres Lot
$911,000 Zestimate®
$311/sqft
$2,516 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: September 21, 2024 at 09:55pm
Listed by:
Quinn Atherton 559-289-1589,
Bloom Group, Inc.
Bought with:
Raffaella Woods, DRE #01505714
Melson Realty, Inc.
Source: TCMLS,MLS#: 217822
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 2
- 3/4 bathrooms: 1
Heating
- Central
Cooling
- Central Air, Evaporative Cooling, Varies by Unit
Features
- Has fireplace: Yes
- Fireplace features: Wood Burning
Interior area
- Total structure area: 2,970
- Total interior livable area: 2,970 sqft
Property
Parking
- Total spaces: 4
- Parking features: Garage
- Garage spaces: 4
Features
- Stories: 1
Lot
- Size: 10 Acres
Details
- Parcel number: 255190004000
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence, Residential
Materials
- Roof: Composition
Condition
- New construction: No
- Year built: 1970
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Water Connected
Community & neighborhood
Location
- Region: Porterville