600 S Encina Street, Visalia, CA 93277

About this property

Here is a 5-unit commercial income property fully occupied that has been professionally managed. All of the units are 2 bedrooms and 1-1/2 baths, half bath is located downstairs of each unit. One unit has a fireplace and a balcony. All units have their own meter and all have central heat and air. 3 units have been updated and show very well. 2 units need some cosmetic work but both are in good shape. Central heat and air for each unit. The garage roof was just redone with new wood boards. This is a great investment for any buyer looking for passive income, 1031 exchange, or looking to add to their investment portfolio. This property is minutes from downtown, close to shopping centers, schools, and easy Fwy access.

Listing description from the September 2022 sale, as reported to CRMLS.

Sale history

$550,000

Sold September 2022 · listed $574,499, orig. $575,000, on market May 2022 · MLS #IV22096005 · Source: CRMLS

Listing Agent: RENE JIMENEZ · Listing Office: ARREBA · Contact: 909-763-2003 · Bought with: Roberto Soto · NONMEMBER MRML

$292,000

Sold July 2016 · listed $299,000, on market January 2016 · MLS #OC16007964 · Source: CRMLS

Listing Agent: Alfonso De La Torre · Listing Office: Pacific Shores Real Estate Inc · Contact: 949-348-0888 · Bought with: RENE JIMENEZ · SIERRA REALTY

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