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Address
654 Lucille Avenue Coalinga, CA
Price
$ 2,667,000
Property Attributes
  • MLS#522929
  • TypeMulti-Family
  • CountyFRESNO
  • CityCoalinga
  • Area210
  • Zip93210
  • Style
  • Price$ 2,667,000
  • Bedrooms80
  • Full Bathrooms48
  • Half Bathrooms0
  • Sqr Footage34000
  • Lot Size1.28 Acres
Listing Provided Courtesy Of:
Visintainer Group
Property Description

The Elm Tree Estates offer the duality of some short-term upside from increasing rents (when leases turnover) to an already near stable property. Visintainer Group, on behalf of Ownership, is pleased to present the opportunity to acquire this 32-unit multi-family investment. Built in 1985, the property is conveniently located off of Highway 198, just one mile south of Coalinga's main grocery and retail center, featuring strong national tenants including Starbucks, Dollar Tree, McDonald's and Savemart. Opportunistically priced, this multi-family investment is uniquely positioned to attract savvy investors who are competing to find realistic upside within a turn-key property. The highly attractive unit mix showcases 50% 2 Bedroom/1 Bath units and 50% 3 Bedroom/2 Bath.

Elementary School Middle School High School
Sunset Elementary School Coalinga Middle School Coalinga High School
Price History
5/9/2019 Listed $2,907,000
5/21/2019 9% - $2,667,000

General Features

Board Loaded No
Census Tract 79.020
Expenses Include Management, Gardener, Maintenence/Repair, Insurance, Accounting/Legal, License/Ads, Gas, Electric, Water, Sewer, Taxes, Vacancy Factor
Fips Code 19
Gas & Electric Public Utilities
Income Includes Unit Rent, Month to Month
Levels Two
Price Per Square Foot 78.44
Property SubType 16 Units & More
Property Type Multi Family
REO/Bank Owned No
School District Coalinga-Huron Unifi
Site Amenities Corner
Sources Of Inc/exp Owner, Property Manager
Special Features Security Gate
Sub Lease Expiration Date 1800-01-01T00:00:00
Total Units 32
Validated 1
Year Built 1985

Interior Features

Dishwasher All Units
Disposal All units
Fireplace None
Flooring Concrete Perimeter
Heat/Air Conditioning Central Heat/Cool
Living Area 34000.00
Refrigerator All Units
Stove All units
Total Bedrooms 80

Exterior Features

Available Date 1800-01-01
Bathrooms 48.00
Parcelnumber 08324046
Exterior Features Wood
Lot Size Acres 1.28
Lot Size Source (Tax Records)
Lot Size Square Feet 55757.00
Number of Buildings 5
Parking Features Carport, Uncovered
Price Per Acre 2083593.75
Roof Composition
Sewer Public Water
Yard Fenced

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 93210

Price
AVG $1.47M
$2.67M
Year Built
AVG 1986
1985

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