340-352 S Blackstone Street, Tulare, CA 93274

Tulare
Local realty services provided by:ERA Valley Pro Realty
340-352 S Blackstone Street,Tulare, CA 93274
$3,750,000
  • 28 Beds
  • 15 Baths
  • 17,780 sq. ft.
  • Multi-family
  • Active
Listed by: randy e tellalian
Office: randy tellalian, broker
MLS#:244113
Source:CA_TCMLS

Price summary

  • Price:$3,750,000
  • Price per sq. ft.:$210.91

About this home

25 unit apartment complex close to schools, shopping and public transportation. Rents have room for increases and property has undergone renovations in 2024 with previous owner (over $450K in upgrades). New flooring, granite countertops in kitchen/bathroom suites, new dual-paned windows, repainted inside and outside, new electric sub-panels and security systems ahve been installed. On-site laundry can bring in additional revenue (not included in pro-forma). There is a large yard area that is currently used as a shared open space for tenants that can be utilized for construction of 12-14 new units (buyer to verify with City of Tulare). Eight units are upstairs inmain building and remaining units downstairs or in single level buildings. One building is a duplex that contains a 3/1 unit with indoor laundry hook-up and 2 car garage (possibly for in-site manager at reduced rent). With a proposed CAP of 6.35, this gives a nice return and still has upside potential with a few additional...

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Home facts

  • Year built:1961
  • Listing ID #:244113
  • Added:14 day(s) ago
  • Updated:September 30, 2026 at 03:21 PM

Rooms and interior

  • Bedrooms:28
  • Total bathrooms:15
  • Living area:17,780 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fan(s), Gas, Separate Meters, Wall/window Unit(s)
  • Heating:Wall Furnace

Structure and exterior

  • Roof:Composition
  • Year built:1961
  • Building area:17,780 sq. ft.
  • Lot area:1.8 Acres
  • Levels:2 Story

Utilities

  • Water:Public, Water Connected
  • Sewer:Public Sewer, Sewer Connected

Finances and disclosures

  • Price:$3,750,000
  • Price per sq. ft.:$210.91

Features and amenities

  • Laundry features:Common Area

Parking

  • Parking description:Asphalt
  • Garage:Yes
  • Garage spaces:2

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