345 Pearson, Porterville, CA 93257, Porterville, 93257 - 0 bed, 0 bath
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Porterville, CA 93257
This Quadruplex Investment Asset is listed at $675,000, representing a stable entry point at its $675,000 Fair Market Value. Maintaining a Fair Condition Rating, the property delivers immediate cash flow through 100% Occupancy with long-term tenants already in place. The identical 2-bedroom units offer a clear Value-Add Opportunity via strategic rent adjustments and infrastructure modernization. Centrally located in Porterville near high-traffic retail hubs, this asset is positioned for long-term appreciation and operational efficiency. It is an ideal acquisition for Buy-and-Hold Investors or Portfolio Scalers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 345 Pearson Subject | $675,000* List Price | 0 | 0 | 4,399 | $153 | - |
A 355 Pearson Active | $675,000 List Price | 0 | 0 | 4,399 | $153 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1973, this property is over 50 years old and falls into the fair category due to its age and lack of recent major renovations. While the exterior shows pride of ownership and the units are fully occupied, the property analysis specifically notes aging infrastructure as a weakness. No interior images were provided to verify the state of kitchens or bathrooms, suggesting they likely feature dated styles consistent with a well-maintained but older apartment complex.
The property is fully occupied by long-term tenants, ensuring consistent rental income from day one and minimizing initial vacancy risks for investors.
The option to acquire this 4-plex individually or as part of an 8-unit package offers rare flexibility and the potential for significant operational efficiencies.
Situated near schools, shopping, and essential services, the property is positioned in a high-demand rental area with strong potential for long-term appreciation.
Built in 1973, the property may require increased maintenance budgets or capital expenditures for system upgrades compared to newer construction.
The identical 2-bedroom, 1-bathroom floor plans across all units limit the ability to attract a diverse range of tenant demographics or household sizes.
Side-by-Side 4-Unit Investment Opportunity - Purchase Individually or as an 8-Unit PackageTwo adjacent 4-plex properties are now available in central Porterville, each offering identical 2-bedroom, 1-bath units. Buyers have the flexibility to acquire one property or secure both as a package deal, creating an 8-unit footprint with operational efficiencies and expanded income potential.This particular 4-unit property reflects clear pride of ownership, with strong curb appeal and a well-maintained exterior. All units are occupied by long-term tenants, providing consistent income from day one.Located in the central part of town near shopping, schools, and daily conveniences, the property benefits from solid rental demand in an appreciating area. There is additional upside through strategic rent adjustments over time, making this a compelling value-add opportunity for investors seeking dependable performance and long-term growth.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 1973 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Feb 24, 2026
$675,000
Initial Listing
Sep 13, 2007
$438,000
Public Record