355 Pearson, Porterville, CA 93257, Porterville, 93257 - 0 bed, 0 bath
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Porterville, CA 93257
This Residential Income Quadruplex offers a stable entry into the Porterville market with a List Price of $675,000, matching its $675,000 Fair Market Value. The asset maintains a Fair Condition Rating and features four identical 2-bedroom units, currently benefiting from 100% Occupancy by long-term tenants for immediate cash flow. With Value-Add Potential through rent optimization and the unique 8-Unit Scalability option via the adjacent property, this asset ensures long-term growth. It is a high-performing acquisition for Buy-and-Hold Investors or Portfolio Managers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 355 Pearson Subject | $675,000* List Price | 0 | 0 | 4,399 | $153 | - |
A 345 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.
The property was built in 1973 and, while the exterior shows pride of ownership and well-maintained grounds, it lacks evidence of recent comprehensive renovations. The absence of interior photos, combined with the description of long-term tenants and 'value-add' potential, suggests that kitchens, bathrooms, and finishes are likely functional but dated. The rooftop HVAC units appear maintained, but the overall architectural style and age align with the fair condition category.
The property is fully occupied by long-term tenants, providing a stable and consistent income stream from the first day of ownership.
The option to acquire the adjacent identical 4-plex allows investors to secure an 8-unit footprint, creating significant operational efficiencies and management advantages.
Located in an appreciating area with rents that can be strategically adjusted over time, the property offers clear upside potential for long-term capital growth.
Built in 1973, the building may require more frequent maintenance or capital expenditures for aging systems compared to newer multi-family developments.
The property consists entirely of identical 2-bedroom, 1-bath units, which may limit its appeal to a wider variety 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
Mar 13, 2008
$420,000
Public Record