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915 N Rinaldi St 15 Unit Apartment Building $2,100,000 ($140,000/Unit) Visalia, CA 93291
Investment Highlights
- Great income potential
Executive Summary
15 units 2beds 1bath each in the heart of the city .In the last year major renovation was conducted still some more to go . Property stays rented and the potential for higher income exists. Much to say call the listing agent Ted Jeske for details. The owner has 2 other properties just listed that will make this a great package please call for details. Owner also has other multifamily properties for sale and is open to selling as a portfolio. Gross monthly income $15,300. Addresses for other properties are:
1)915-943 N Rinaldi Street Visalia, CA 93291
2)21811 Highway 198 Exeter, CA 93221
1)915-943 N Rinaldi Street Visalia, CA 93291
2)21811 Highway 198 Exeter, CA 93221
Financial Summary (Actual - 2023) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$186,156
|
$14.92
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$186,156
|
$14.92
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2023)
| Gross Rental Income | |
|---|---|
| Annual | $186,156 |
| Annual Per SF | $14.92 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $186,156 |
| Annual Per SF | $14.92 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
| Price | $2,100,000 | Building Class | C |
| Price Per Unit | $140,000 | Lot Size | 1.22 AC |
| Sale Type | Investment | Building Size | 12,480 SF |
| Sale Condition | Bulk/Portfolio Sale | Average Occupancy | 100% |
| No. Units | 15 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1978 |
| Property Subtype | Apartment | Parking Ratio | 1.2/1,000 SF |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Zoning | R16 - Restricted Multiple-Family Residential | ||
| Price | $2,100,000 |
| Price Per Unit | $140,000 |
| Sale Type | Investment |
| Sale Condition | Bulk/Portfolio Sale |
| No. Units | 15 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.22 AC |
| Building Size | 12,480 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1978 |
| Parking Ratio | 1.2/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | R16 - Restricted Multiple-Family Residential |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 15 | - | - |
1 1
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,178,304 (2025) | |
| Land Assessment | $389,247 (2025) | Total Assessment | $1,567,551 (2025) |
Property Taxes
Parcel Numbers
Land Assessment
$389,247 (2025)
Improvements Assessment
$1,178,304 (2025)
Total Assessment
$1,567,551 (2025)
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