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Investment Opportunity in Pixley, CA 14398 Avenue 88 4 Unit Apartment Building $875,328 CAD ($218,832 CAD/Unit) 6.47% Cap Rate Pixley, CA 93256
Investment Highlights
- Four fully independent rental units featuring separate entrances and designated addresses, ensuring privacy and ease of management.
- Property includes separate PGE electric meters for each unit, adding transparency and control for both landlords and tenants.
- Strong rent roll in place, generating more than $4,600 in gross monthly income with potential for growth through modest rent adjustments.
- Consistent occupancy history supported by long-term tenants, providing stability and predictable cash flow.
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.
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 |
$75,497
|
$26.62
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$75,497
|
$26.62
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$18,874
|
$6.66
|
| Net Operating Income |
$56,623
|
$19.97
|
Financial Summary (Actual - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $75,497 |
| Annual Per SF | $26.62 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $75,497 |
| Annual Per SF | $26.62 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $18,874 |
| Annual Per SF | $6.66 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $56,623 |
| Annual Per SF | $19.97 |
Property Facts
| Price | $875,328 CAD | Building Class | C |
| Price Per Unit | $218,832 CAD | Lot Size | 1.00 AC |
| Sale Type | Investment | Building Size | 2,836 SF |
| Cap Rate | 6.47% | Average Occupancy | 100% |
| Gross Rent Multiplier | 11.59 | No. Stories | 2 |
| No. Units | 4 | Year Built | 2009 |
| Property Type | Multifamily | Opportunity Zone |
Yes
|
| Property Subtype | Apartment | ||
| Zoning | AE-20 | ||
| Price | $875,328 CAD |
| Price Per Unit | $218,832 CAD |
| Sale Type | Investment |
| Cap Rate | 6.47% |
| Gross Rent Multiplier | 11.59 |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 1.00 AC |
| Building Size | 2,836 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 2009 |
| Opportunity Zone |
Yes |
| Zoning | AE-20 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 4+2 | 1 | $2,462 CAD | - |
| 1+1 | 2 | $1,231 CAD | - |
| 2+1 | 1 | $1,368 CAD | - |
1 1
Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 318-180-016-000 | Improvements Assessment | $5,832 CAD (2025) |
| Land Assessment | $8,667 CAD (2025) | Total Assessment | $14,499 CAD (2025) |
Property Taxes
Parcel Number
318-180-016-000
Land Assessment
$8,667 CAD (2025)
Improvements Assessment
$5,832 CAD (2025)
Total Assessment
$14,499 CAD (2025)
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Presented by
Universal Realty Services, Inc
Investment Opportunity in Pixley, CA | 14398 Avenue 88
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