Strong Cash Flow & Room to GrowProven performer with predictable operations and strong cash flow. In-place rents are 10% below market, offering near-term NOI growth and value appreciationPrime Location with High Rental DemandLocated in northern Coalinga and across Elm Avenue from West Hills College Coalinga. Elm Avenue provides easy access to major highways, retail centers, and schools.Attractive Unit Mix & Tenant AppealAll 2-bedroom, 1-bath, single story units - highly sought after for accessibility and privacy - broadening renter appeal, supporting lower turnover, smoother turns, and the ability to command stronger rents over time.
Location, Location, Location! Unlock Steady Cash Flow and Long-Term Growth with This Prime 8-Unit Investment! This exceptional 8-unit apartment complex offers a rare investment opportunity, blending immediate cash flow with significant long-term growth potential. The property includes six recently remodeled 2-bedroom, 1-bath units, featuring updated kitchens, new bathrooms, stylish tile flooring, fresh paint, and newer appliances. Additionally, two 1-bedroom, 1-bath units have been updated, offering modern finishes that attract quality tenants. Recent upgrades throughout the complex include energy-efficient windows, a 1-year-old roof, and a freshly painted exterior, ensuring low maintenance and durability for years to come. On-site amenities such as coin-operated laundry, individual carports, and private storage for each unit add extra value, improving tenant satisfaction and retention. Ideally located within convenient distance to local schools, shopping centers, and Coalinga College, this property sits in a high-demand rental area, ensuring strong occupancy rates. With fully occupied units delivering consistent income and substantial long-term appreciation potential, this is a rare and outstanding investment opportunity. Don't wait - schedule your private tour today!
Coalinga is located in California. Coalinga, California has a population of 17,560. Coalinga is less family-centric than the surrounding county with 26.23% of the households containing married families with children. The county average for households married with children is 32.95%.
The median household income in Coalinga, California is $65,180. The median household income for the surrounding county is $61,276 compared to the national median of $69,021. The median age of people living in Coalinga is 33.3 years.
The average high temperature in July is 98.2 degrees, with an average low temperature in January of 37.1 degrees. The average rainfall is approximately 7.9 inches per year, with 0 inches of snow per year.
