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    Lemoore Multifamily Investment Opportunity Title is generated by Realmo AI

    175 S 19th Avenue, Lemoore, CA 93245

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    Claim this Listing
    For Sale
    $899,000

    MULTI_FAMILY - Lemoore, CA

    Property size:
    4,220 SF
    Lot size:
    0.23 Acres
    Price / SF:
    $213/SF
    Added:
    Mar 12, 2026
    Days on Market:
    91
    Last Refresh:
    Jun 10 at 12:06 am

    Property Features for 175 S 19th Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Parking features
    Carport
    Standard status
    Active
    APN
    020211014000
    Size
    4,220 SF
    Lot size
    0.23 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central
    Water source
    Public

    Building Details

    Floors in Building
    1
    Roof type
    Composition

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    Listing Contact
    Fernando D Ponce Molina

    Listing agent Fernando D Ponce Molina

    Listing office Real Brokerage Technologies 39899 Balentine Dr., Suite 200, San Diego, CA

    Listing date Mar 12, 2026

    MLS# 234049 Listing URL

    Copyright © 2026 Kings County Board of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Strong income potential as a 4‑unit multifamily property.
    • Great investment opportunity for investors or owner‑occupants.
    • Convenient location near shopping, dining, schools, and major commuter routes.
    • Central heating.
    • Carport parking.
    • Public water and sewer.

    Overview

    This four-unit multifamily property in Lemoore, California, presents an investment opportunity. The property, situated on a 0.2295-acre lot, offers a total of 4,220 square feet of living space. Its location provides convenient access to shopping, dining, schools, and major commuter routes. This property is suitable for investors or owner-occupants seeking to expand their portfolio.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $77.5k $18.36
    − Vacancy −$3.5k −$0.84
    EGI $73.9k $17.52
    − OpEx −$22.2k −$5.26
    NOI $51.8k $12.27
    4,220 SF · lease $18.36/SF/yr · vacancy 4.56% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $739.5K
    $647.0K – $862.7K (±1% cap)
    NOI $51,762 @ 7.0% cap · market cap 5.76%
    Second Best
    Apartment 5plus
    $659.1K
    $576.7K – $768.9K (±1% cap)
    NOI $46,136 @ 7.0% cap · market cap 5.13%
    Theoretical Best
    Healthcare Medical
    $1.33M
    $1.17M – $1.56M (±1% cap)
    NOI $93,329 @ 7.0% cap · market cap 10.38%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lemoore
    County
    Kings
    State
    California
    Longitude
    -119.799073
    Latitude
    36.299981

    FAQs

    What type of property is this?
    Quadplex - Four-unit multifamily property in Lemoore, offering strong income potential.
    Where is this quadplex located?
    The property is located at 175 S 19th Avenue Lemoore, CA.
    What is the asking price?
    The asking price for this property is $899,000.
    What are key features of this property?
    This property features: Strong income potential as a 4‑unit multifamily property.; Great investment opportunity for investors or owner‑occupants.; Convenient location near shopping, dining, schools, and major commuter routes.
    More about this property
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