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$1,700,000
Est. payment /mo
0.7 Acres Lot
UPDATED:
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
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Listed by Eric Van Denk Central Valley Property Advisors 419-206-7117