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654 Lucille Ave
Coalinga, CA 93210
The Elm Tree Estates · Multifamily Property For Sale · 32 Units

PROPERTY FACTS

No. Units 32
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 1.28 AC
Building Size 34,000 SF
Average Occupancy 100%
No. Stories 2
Year Built 1985
Parking Ratio 1.35/1,000 SF
Zoning R-3TWR - Apartments

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Balcony
  • Dishwasher
  • Disposal
  • Refrigerator
  • Oven

SITE AMENITIES

  • Laundry Facilities
  • Playground
  • Gated

ABOUT 654 LUCILLE AVE , COALINGA, CA 93210

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.

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 16 $775.00 940
3+2 16 $810.00 1,185

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
083-240-46S
Land Assessment
$328,093
Improvements Assessment
$2,294,650
Total Assessment
$2,622,743
  • Listing ID: 15420286

  • Date on Market: 3/12/2019

  • Last Updated:

  • Address: 654 Lucille Ave, Coalinga, CA 93210

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