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14398 Avenue 88 - Investment Opportunity in Pixley, CA 4 Unit Apartment Building Offered at $885,370 CAD at a 6.47% Cap Rate Pixley, CA 93256

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EXECUTIVE SUMMARY

Remarks
Investment Opportunity in Pixley - 14398 Avenue 88.
Welcome to a rare multi-unit property in the heart of Pixley, offering immediate cash flow and long-term wealth potential. This isn't just real estate; it's a turnkey income-producing asset designed for legacy building. 8 Bed, 5 bath.
Property Highlights:
Main House (Yellow House).
- Unit A: Spacious 4 bed / 2 bath, currently rented at $1,800/month.
- Unit B: 1 bed / 1 bath, currently rented at $800/month.
Back House (Brown House).
- Unit C: 1 bed / 1 bath, currently rented at $1,000/month.
- Unit D: 2 bed / 1 bath, currently rented at $1,000/month.
Key Features:
- 4 fully independent rental units with separate entrances.
- Separate PGE electric meters + separate addresses for each unit.
- Shared water meter, propane utilities.
- Strong rental history with consistent occupancy.
- Flexible layout ideal for multi-generational living, rental income, or portfolio expansion.
This property is a cash-flow machine with over $4,600/month in gross rents already in place. Investors will appreciate the stability of multiple units, while owner-occupants can live in one and let the others pay the mortgage. With separate meters and entrances, each unit feels private and independent making it easy to manage and attractive to tenants.
Strategically located in Pixley, this property offers small-town charm with easy access to major highways, connecting you to Tulare, Bakersfield, and Fresno.
Bottom Line:
14398 Avenue 88 isn't just a property, it's a wealth-building vehicle. Whether you're expanding your portfolio or stepping into multi-unit ownership for the first time, this opportunity delivers immediate returns and long-term upside. With modest rent adjustments over the next 12-24 months, $6,000-$6,500+/month is easily achievable.
Important Offer Instructions - All offers must be submitted subject to viewing and inspections, accompanied by a Pre-Approval letter or Proof of Funds. Please send offers to: Contact@GautHome.com.
Buyers are advised to independently verify all aspects of the property, including but not limited to square footage, lot size, zoning, and any other pertinent details.
Please do not disturb the tenants under any circumstances.
Call or text (559) 917-1113 for more information or to schedule a viewing.

FINANCIAL SUMMARY (ACTUAL - 2024)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $76,363 $26.93
Other Income - -
Vacancy Loss - -
Effective Gross Income $76,363 $26.93
Taxes - -
Operating Expenses - -
Total Expenses $19,091 $6.73
Net Operating Income $57,272 $20.19

FINANCIAL SUMMARY (ACTUAL - 2024)

Gross Rental Income (CAD)
Annual $76,363
Annual Per SF $26.93
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $76,363
Annual Per SF $26.93
Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $19,091
Annual Per SF $6.73
Net Operating Income (CAD)
Annual $57,272
Annual Per SF $20.19

PROPERTY FACTS

Price $885,370 CAD
Price Per Unit $221,342 CAD
Sale Type Investment
Cap Rate 6.47%
Gross Rent Multiplier 11.59
No. Units 4
Property Type
Multifamily
  • Multifamily Apartments
Lot Size 1.00 AC
Building Size 2,836 SF
Average Occupancy 100%
No. Stories 2
Year Built 2009
Opportunity Zone Yes

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
4+2 1 $2,490 CAD -
1+1 2 $1,245 CAD -
2+1 1 $1,383 CAD -
  • Listing ID: 38411522

  • Date on Market: 2025-11-11

  • Last Updated:

  • Address: 14398 Avenue 88, Pixley, CA 93256

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