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$ 1,700,000
Est. payment | /mo
0.7 Acres Lot
$ 1,700,000
Est. payment | /mo
0.7 Acres Lot
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID MD25184902
HOA Y/N No
Year Built 1976
Lot Size 0.700 Acres
Property Sub-Type Apartment
Property Description
Located at 1520-1550 W Robertson Blvd in Chowchilla, CA, this well-maintained 15-unit multifamily property presents a compelling investment opportunity with strong in-place income and a reliable tenant base. The unit mix includes thirteen spacious 2-bedroom/1- bath units and two 1-bedroom/1-bath units, appealing to a wide range of renters and contributing to consistent occupancy. The property generates a gross annual income of approximately $170,000, offering dependable cash flow supported by long-term tenants and steady rental demand in the area. Ownership has demonstrated a commitment to upkeep, with the property showing pride of ownership through regular maintenance and care. This is a turn-key asset ideal for investors looking to acquire an income- producing property in California's Central Valley.
Location
State CA
County Madera
Interior
Fireplace No
Laundry Common Area
Exterior
Pool None
Community Features Sidewalks
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 001230044
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Special Listing Condition Standard
Listed by Eric Van Denk Central Valley Property Advisors 419-206-7117
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