1031 K, Reedley, California 93654, Reedley, 93654 - 3 bed, 1 bath
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Reedley, California 93654
This Value-Add Single Family Residence represents a strategic investment opportunity in Reedley, listed at $290,000. While currently positioned above the $232,238 Fair Market Value, the property offers significant long-term upside through its expansive 7,500 sq ft lot and renovation potential. Carrying a Condition Rating of 5, the 1921-built home requires a comprehensive overhaul of its kitchen, bath, and core systems to address deferred maintenance. Located near Reedley College and within the Kings Canyon Joint Unified School District, this project suits Fix-and-Flip Investors or Contractors looking to force appreciation through a full-scale rehabilitation.
Property is extensive renovation needed.
Built in 1921, this property shows significant deferred maintenance and outdated features consistent with a 'value-add' investment. The kitchen contains aged wood cabinetry and older appliances, while the bathroom is in disrepair with a deteriorating vanity and dated tile work. Worn carpeting, wall-mounted heating units, and visible wear on walls and fixtures indicate that the home requires substantial rehabilitation and system upgrades to meet modern living standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7500, living area = 1488.
The property is positioned as a strategic investment opportunity with ample room for renovations and improvements that can substantially increase its long-term market value.
The generous 7,500 square foot lot provides exceptional outdoor space for potential expansion, the addition of an ADU, or creative landscaping to enhance curb appeal.
Built in 1921, the home features a 3-bedroom layout serviced by only a single bathroom, which may not meet the expectations of modern families or high-end renters.
The emphasis on 'value-add potential' and its century-old age suggest that significant capital expenditure may be required for structural, electrical, or plumbing upgrades.
Charming Reedley Home with Exceptional Value-Add Potential! Welcome to this inviting 3-bedroom, 1-bath home offering 1,488 square feet of living space situated on a generous 7,500 square foot lot in the heart of Reedley. With solid interior space and a spacious lot, this property presents a rare opportunity for both comfortable living and strategic investment. The expansive 7,500 sq ft lot provides room for outdoor enhancements, potential expansion, or creative improvements that can significantly increase long-term value. Investors will appreciate the strong value-add potential and the flexibility this property offers in a steadily growing Central Valley market. Reedley, known as the “World’s Fruit Basket,” offers a welcoming small-town atmosphere with convenient access to parks, schools, and local amenities. Just minutes from the scenic Kings River, residents enjoy nearby river access, walking trails, and recreation areas. Downtown Reedley features charming local shops, restaurants, and community events that foster a strong sense of community. The home is located within the respected Kings Canyon Unified School District and near Reedley College, further strengthening its rental and long-term desirability. Whether you’re expanding your portfolio or seeking a property with upside potential, this home delivers space, location, and opportunity — all in one.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.5 | 25% |
| Square foot | 1,488 | 1,972.5 | 50% |
| Lot Size | 7,500 | 8,500 | 25% |
| Price | $290.0K | $450.0K | 25% |
| Price per sq ft | $195 | $232 | 25% |
| Built year | 1921 | 1965 | 25% |
| HOA | $0 | $0 | 50% |
| Days on market | 63 | 146 | 25% |
Feb 18, 2026
$290,000
Initial Listing
Dec 18, 1990
$50,000
Public Record