9134 Road 236, Terra Bella, CA 93270, Terra Bella, 93270 - 0 bed, 0 bath
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Terra Bella, CA 93270
Analysis of 9134 Road 236, Terra Bella, CA 93270 is currently available with a list price of $550,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Terra Bella Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
The property was built in 1966 (58 years old). While the residential unit is described as remodeled, the overall mixed-use site and commercial structures appear dated with older exteriors and systems likely exceeding 20 years of age, requiring minor repairs and modernization to maximize market rents.
The property features six distinct rental units across residential, commercial, and mobile sectors, providing a robust and stable multi-stream income portfolio that mitigates vacancy risk.
With long-term tenants and no rent increases for several years, the current income is well below market value, offering a prime value-add opportunity for immediate cash flow growth.
Individual gas and electric meters for each unit shift the primary utility burden to the tenants, significantly reducing the owner's monthly operating expenses.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2500, other record living area = 1152.
The mixed-use nature of the property, involving retail, residential, and mobile home components, requires more intensive and specialized property management than a single-asset type.
Built in 1966, the property may require ongoing capital expenditures for maintenance and modernization of its various structures to remain competitive and compliant.
This is an excellent opportunity to own a versatile mixed-use income producing property situated on approximately 1 acre in the growing community of Terra Bella. This unique property features a combination of residential and commercial tenants, providing multiple streams of rental income and strong investment potential. Long-term tenants occupy the units and owner has never raised the rents for many years. Current rents are below the market, presenting potential upside for new owner seeking to increase cash flow through future rent adjustments. Tenants pay all utilities except water. Each unit has its own gas and electric meter. Rental units are: 3 bedrooms, 2 bathrooms currently rented for $1200/month, it has been upgraded and remodeled inside, Smoke Shop unit rented for $1000/month, Insurance office rented for $550/month, Trailer Home rented for $500/month, Beauty Salon rented for $300/month and Taco Truck Space rented for $200/month. Whether you're looking to expand your investment portfolio or acquire a property with both residential and commercial components, this mixed-use property offers a rare opportunity to generate immediate income while benefiting from long-term appreciate potential.
No exterior & parking available.
No sensitive facilities data found.
Jun 8, 2026
$550,000
Initial Listing
Feb 21, 2017
$230,000
Public Record