1197 Pucheu Street, Mendota, California 93640, Mendota, 93640 - 12 bed, 6 bath

1197 Pucheu Street, Mendota, California 93640 home-pic-0
ACTIVE$1,200,000
1197 Pucheu Street, Mendota, California 93640
12Beds
6Baths
1,698Sqft
11,250Lot
Year Built
1950
Close
-
List price
$1.2M
Original List price
$1.2M
Price/Sqft
$707
HOA
-
Days on market
-
Sold On
-
MLS number
FR25105668
Home ConditionFair
Features
Deck
Patio
ViewNeighborhood

About this home

We found 3 Cons,5 Pros.

An exceptional investment opportunity awaits in the heart of Mendota, CA, with this spacious 4-plex property, ideally located just off Highway 180 and within walking distance to local schools. Situated on a large 15,000 sq ft lot, this multi-family residence offers approximately 4,000 sq ft of total living space, featuring two 4-bedroom, 2-bath units and two 2-bedroom, 1-bath units. Two of the units have been recently built with modern upgrades and move-in-ready finishes, and two of the units are currently rented (4/2 and 2/1,) making this an ideal turnkey investment. With ample outdoor space, on-site parking, and strong rental demand in a growing market, this property is perfect for investors seeking solid cash flow or owner-occupiers looking to live in one unit while renting the others to offset mortgage costs. Don't miss out on this rare and versatile opportunitycontact us today to schedule your private showing!

Price History

Date
Event
Price
05/12/25
Listing
$1,200,000
Condition Rating
Fair

This 4-plex property, built in 1950, presents a highly mixed condition. Two of the units have been recently built or extensively renovated with modern upgrades, featuring new laminate wood flooring, contemporary kitchens with shaker cabinets, new appliances (excluding refrigerator), modern tile backsplashes, and updated bathrooms with new vanities and subway-style tile surrounds. These units are in excellent, move-in ready condition. However, the other two units are significantly dated, showcasing older wood cabinets, older white appliances, dated countertops, older carpeting, and outdated bathroom fixtures and tiles. While functional and currently rented, these older units require substantial repairs and rehabilitation to meet modern standards. The overall 'Fair' score reflects this blend of excellent and poor conditions across the property, indicating that while some parts are new, a significant portion requires considerable investment for modernization.
Pros & Cons

Pros

Strong Investment Potential: This 4-plex offers diverse income streams with two 4-bedroom and two 2-bedroom units, ideal for investors seeking solid cash flow or owner-occupiers looking to offset mortgage costs in a market with strong rental demand.
Partial Modern Upgrades: Two of the units have been recently built with modern upgrades and move-in-ready finishes, enhancing tenant appeal and potential rental income.
Immediate Income Generation: Two units (a 4/2 and a 2/1) are currently rented, providing immediate cash flow and demonstrating the property's rental viability as a turnkey investment.
Strategic Location: The property is ideally situated just off Highway 180 and within walking distance to local schools, offering convenience and attracting a stable tenant base.
Generous Lot Size & Parking: A large 15,000 sq ft lot provides ample outdoor space and on-site parking, a significant advantage for a multi-family residence.

Cons

Partial Vacancy: With only two of the four units currently rented, the property presents immediate vacancy, requiring effort to secure new tenants for the remaining units to maximize income potential.
Age Discrepancy & Potential Renovation Needs: Built in 1950, while two units are upgraded, the remaining two older units may require significant renovations or maintenance to meet modern standards, potentially incurring additional capital expenditure.
Market Specificity: Located in Mendota, CA, which, despite being a 'growing market,' may have a smaller tenant pool or slower appreciation rates compared to properties in larger metropolitan areas.

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