$1,550,000

1300 Marion Street, Kingsburg CA 631

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9 bd · 6.0 ba · 4,676 sqft · $331/sqft · 0.43 acres

Residential · Single Family Residence · 167 days on Properkey

Description

6 Homes (5 Single Family homes plus an apartment) Investment Opportunity | Strong Kingsburg Rental Market | Value-Add UpsideRare opportunity to acquire a 6 home income-producing portfolio across three contiguous downtown parcels totaling 18,750 sq ft in the highly desirable and supply-constrained Kingsburg rental market. This unique offering includes a mix of 5 single-family homes and an apartment unit, all fully rented with strong inplace income and excellent upside potential.Total Current Monthly Income: $8,450 | Annual: $101,400Unit Breakdown upon requestUnits have been tastefully updated, including new tile showers, flooring, granite etc, enhancing tenant appeal and minimizing near-term capital expenses, while one unit remains largely original offering an additional value-add opportunity for increased rents.Property Highlights3 separate legal lots (flexibility for future sale or development)18,750 sq ft total lot size - unusually large for this areaR2 zoning - potential for additional units or expansion (buyer to verify)Majority of units have been partially remodeledExcellent tenant appeal with a mix of 1 and 2 bedroom unitsAlso includes garage, mini cold storage, large storage shed and 2 root cellars.Prime Location Ideally located across from churches and a park, providing a desirable setting for tenants. Kingsburg continues to be a strong rental market with consistent demand.Why This Property Stands OutMultiple parcels = flexibility + future exit strategiesLarge lot size = development potentialBelow-market rents = built-in equity growthSolid tenant demand areaKingsburg continues to experience strong rental demand with limited inventory, and current rents are believed to be below market, providing a clear path for future income growth and improved returns.The property spans three separate APNs and has historically functioned as a cohesive multi-unit investment.All parcels to be sold together.Opportunities like this are rarescale, location, zoning, and upside all in one package. Whether you're looking to increase cash flow, add units, or hold for appreciation, this property checks every box.Buyer to verify all information, including lot lines, boundary conditions, and any potential non-conforming improvements.

Agent & source

Listed by
Kelly Bennett
Brokerage
Kelly Bennett, Broker
DRE
#01042846
MLS # 648316 Source FRESNO

Property details

Rooms & Layout

Levels
One
Bedrooms
9
Bathrooms
6.0 (6 full)
Laundry
Inside, In Garage, Utility Room
Basement
Partial

Property Features

Lot features
  • Rural
  • Sprinklers In Front
  • Sprinklers Auto
  • Mature Landscape

Building & Construction

Construction Materials
Stucco, Wood Siding, Vinyl Siding
Roof
Composition
Foundation
Concrete, Wood Sub Floor

Exterior & Parking

Parking
2-car garage, Carport, Open parking, Potential RV Parking, Carport, Open, Work/Shop Area, On Street, Circular Driveway
Other Structures
Accessory Dwelling Unit

Interior & Comfort

Heating
Yes
Cooling
Central Heat & Cool, Wall/Window Unit(s)

Utilities

Water Source
Public
Sewer
Public Sewer
Electric
Electric Meter, On
Public Utilities

Nearby

Active Pending Closed Rental
Elementary
Reagan
Middle
Rafer Johnson
High
Kingsburg Schools

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