1405 E Cypress, Reedley, California 93654, Reedley, 93654 - 0 bed, 0 bath
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1405 E Cypress
Reedley, California 93654
ACTIVE
CONDITION: GOOD
0Beds
0Baths
3,144Sq Ft
3,599Lot Size
Property Price
LIST PRICE$614,900
SUMMARY
Fully occupied fourplex in Reedley featuring four 2-bedroom, 1-bath units totaling approximately 3,144 square feet. Three units have been updated with modern kitchens, bathrooms, and durable LVP flooring, while one unit has long-term tenancy. Each unit includes central HVAC and indoor laundry. Do not disturb tenants. Unit configuration per tax records; buyer to verify.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 1997, the property is well-maintained with 75% of the units recently updated with modern kitchens, bathrooms, and LVP flooring. Features central HVAC and indoor laundry, making the majority of the building move-in ready despite its age.
PROSSTRENGTHS & OPPORTUNITIES
- Modernized Units
Three of the four units have been recently updated with modern kitchens, bathrooms, and LVP flooring, significantly reducing immediate capital expenditure for the new owner.
- High-Demand Amenities
Each unit is equipped with central HVAC and indoor laundry hookups, premium features that enhance tenant satisfaction and support long-term occupancy.
- Immediate Income Stream
The property is fully occupied, providing a stable and immediate cash flow for investors from the date of acquisition.
CONSRISKS & DEFICIENCIES
- Limited Value-Add Opportunity
With the majority of units already renovated, there is restricted potential for forced appreciation through further interior improvements.
- Compact Lot Size
The 3,599 square foot lot is relatively small for a fourplex, which may limit private outdoor space for tenants or future expansion possibilities.
About 1405 E Cypress
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1997
- Lot Size
- 3,599 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Pricing History
Listed for Sale
Sep 11, 2026
$614,900
$629,900
-2% Price Drop
Initial Listing
Price Change
Aug 4, 2026
$629,900
$644,900
-2% Price Drop
Initial Listing
Price Change
Jul 3, 2026
$644,900
$664,900
-3% Price Drop
Initial Listing
Price Change
May 30, 2026
$664,900
$684,900
-3% Price Drop
Initial Listing
Price Change
May 2, 2026
$684,900
Initial Listing