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Request Info$675,000
Active
355 Pearson Overview
- Time on Site:
- 88 days
- Visits:
- 0
Side-by-Side 4-Unit Investment Opportunity - Purchase Individually or as an 8-Unit PackageTwo adjacent 4-plex properties are now available in central Porterville, each offering identical 2-bedroom, 1-bath units. Buyers have the flexibility to acquire one property or secure both as a package deal, creating an 8-unit footprint with operational efficiencies and expanded income potential.This particular 4-unit property reflects clear pride of ownership, with strong curb appeal and a well-maintained exterior. All units are occupied by long-term tenants, providing consistent income from day one.Located in the central part of town near shopping, schools, and daily conveniences, the property benefits from solid rental demand in an appreciating area. There is additional upside through strategic rent adjustments over time, making this a compelling value-add opportunity for investors seeking dependable performance and long-term growth.
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355 Pearson Facts & Features
- Type Multi-Family
- Sq. ft. 4,399
- Price/Sq.ft. $153
- Lot 0.14 Acres
Details
General
Association/HOA
- Common Interest: Community Apartment
Income/Expenses
- Gross Income: 84384.0
- Gross Scheduled Income: 84384.0
- Insurance Expense: 10000.0
- Net Operating Income: 45384.0
- Operating Expense: 39000.0
Building Information
- New Construction: No
- Year Built: 1973
Location/Region
- Country: US
- County Or Parish: Tulare
- Postal City: PORTERVILLE
Community/Development
- Community Features: Park
Rent/Lease Information
- Land Lease: No
General Information
- Listing Terms: Owner May Carry
- Parcel Number: 252252001000
- Property Sub Type: Quadruplex
- Property Type: Residential Income
- Rent Control: No
- Senior Community: No
- Special Listing Conditions: Standard
Interior
Parking Information
- Garage Spaces: 4.0
- Garage: Yes
Building Interior
- Building Area Total: 4399.0
- Building Area Units: Square Feet
General Information
- Common Walls: 2+ Common Walls
- Entry Level: 1
- Entry Location: 1
- Laundry Features: Common Area
- Levels: Two
- Stories: 2
- Stories Total: 2
Exterior
Parking Information
- Parking Total: 4.0
Lot Information
- Additional Parcels: No
- Lot Features: 0-1 Unit/Acre
- Lot Size Acres: 0.1377
- Lot Size Area: 6000.0
- Lot Size Source: Assessor
- Lot Size Square Feet: 6000.0
- Lot Size Units: Square Feet
- Number Of Buildings: 1
- Number Of Separate Electric Meters: 4
- Number Of Separate Gas Meters: 4
- Number Of Separate Water Meters: 1
- Elevation Units: Feet
- Water Source: Public
Building Exterior/Construction
- Property Attached: Yes
General Information
- Number Of Units Leased: 4
- Number Of Units Total: 4
- Pool Features: None
- Pool Private: No
- Sewer: Public Sewer
355 Pearson Neighborhood
Community
93257 (PORTERVILLE) Demographics
31
Median Age
168
Population Density (per sq. mile)
21%
College Educated
$44,693
Estimated Median Income
11,965
Estimated Total Home Owners
10,673
Estimated Total Renters
53% / 47%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.355 Pearson Monthly Cost
355 Pearson Market Data
Based on the last 30 days in this zip code
$457,035
Average List Price
$217
Average Price per Square Foot
3
Properties Sold
100
Average Days on Market
25
Properties for Sale
355 Pearson History
| Date | Value | Agent |
|---|---|---|
| 4/2/2026Source: CRMLS | April 02, 2026 |
Listing provided courtesy of Central Valley Property AdvisorsEric Van Denk- MLS# MD26071177
Contact Information: [email protected] -
Contact Information: [email protected] -