9134 Road 236, Terra Bella, CA 93270

$550,000

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List Price
$550,000
Status
ACTIVE
MLS#
PW26124150
Year Built
1966
Lot Size
43,560
Acres
1
Lot Location
0-1 Unit/Acre
Days on Market
50
Property Type
Multifamily
Property Sub Type
Mixed Use
Stories
One Level

Property Description

This is an excellent opportunity to own a versatile mixed-use income producing property situated on approximately 1 acre in the growing community of Terra Bella. This unique property features a combination of residential and commercial tenants, providing multiple streams of rental income and strong investment potential. Long-term tenants occupy the units and owner has never raised the rents for many years. Current rents are below the market, presenting potential upside for new owner seeking to increase cash flow through future rent adjustments. Tenants pay all utilities except water. Each unit has its own gas and electric meter. Rental units are: 3 bedrooms, 2 bathrooms currently rented for $1200/month, it has been upgraded and remodeled inside, Smoke Shop unit rented for $1000/month, Insurance office rented for $550/month, Trailer Home rented for $500/month, Beauty Salon rented for $300/month and Taco Truck Space rented for $200/month. Whether you're looking to expand your investment portfolio or acquire a property with both residential and commercial components, this mixed-use property offers a rare opportunity to generate immediate income while benefiting from long-term appreciate potential.

Additional Information

Pool Description
None
Garage Spaces Total
2
Sewer
Septic Type Unknown
Water
Public
Attached Structure
Detached
Number Of Units Total
10

Listing courtesy of Listing Agent: Steven Wong (askbrokersteven@gmail.com) from Listing Office: WPG Realty & Lending Group.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.