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$ 1,200,000
Est. payment /mo
New
549 S Del Norte Kerman, CA 93630
7 Beds
4 Baths
0.38 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC26218166
Bedrooms 7
Lot Size 0.379 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
Fantastic investment opportunity in Kerman, CA featuring 4 separate units on one single APN! This well-maintained multi-family property offers strong, immediate rental income with exceptional potential. Consisting of four spacious units, each residence comes complete with its own private garage (except for unit 567) and dedicated carport for maximum tenant convenience. Unit Breakdown & Updates: 549 Del Norte: Generous 2 BD / 1 BA unit (1,140 SF) fully updated 2 years ago featuring a completely remodeled kitchen with new cabinets, granite countertops, and stainless steel sink. Updated bathroom boasts a custom walk-in shower and double vanity. Finished with classic vinyl hardwood flooring throughout and new vinyl in the kitchen and indoor laundry room. Currently rented at $1,050/mo. 575 Del Norte: Spacious 1 BD / 1 BA unit (1,060 SF) remodeled 1 year ago with a brand-new kitchen including new cabinetry, granite counters, and stainless steel sink. Features a private exterior porch off the kitchen door and durable new vinyl flooring throughout. Currently rented at $875/mo. 567 & 557 Del Norte: Two identical 2 BD / 1 BA units (900 SF each) built in 2012, featuring functional tile flooring in main living areas and cozy carpeting in the bedrooms. Equipped with indoor fire sprinkler systems for safety and modern code compliance. Each rented at $1,000/mo ($2,000/mo combined). Financial Highlights: Gross Annual Income: $43,825 2025 Operating Expenses: $9,207 Insurance: $4,424 | Property Tax: $2,928 With updated interiors, strong historical cash flow, low-maintenance 2012 construction
Location
State CA
County Fresno
Zoning Public Rec
Direction 549 S Del Norte
Interior
Cooling Central Forced Air
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 02334334S
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://youtu.be/zkf32sezgbg?is=Qze1BDyOZxYPvcxu
Listed by Allen Mendrin, DRE#02035462 Gatehouse Properties