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    421 S Laspina St Tulare, CA 93274

    For Sale
    $400,000

    COMMERCIAL - Tulare, CA

    Lot size:
    0.47 Acres
    Days on Market:
    47
    Last Refresh:
    Dec 14 at 6:06 pm

    Property Features for 421 S Laspina St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    177155020000
    Lot size
    0.47 Acres

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    The Equity Group (559) 259-2036 [email protected]

    Listing agent Jason D Ritchie (559) 343-3049

    Listing date Oct 29, 2025

    MLS# 238083 Listing URL

    Copyright © 2025 Tulare County MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Approved Multifamily Development Opportunity

    This is an approved 5-unit multifamily development opportunity located in Tulare, CA. The property has an area of 20,473 square feet and comes with approved plans ready for construction. The project includes a total of 5 units, each featuring 2 bedrooms, 2 baths, and a 2-car garage. Every unit includes its own private outdoor space. Unit A has 1,396 square feet, Units B, C, and D each have 1,382 square feet, and Unit E has 1,296 square feet, with a total living area of approximately 6,838 square feet. The zoning is approved for multifamily residential use. Rent pro forma and construction bid, approved tentative map documents are available. It is a ready-to-build 5-unit project in a growing Tulare neighborhood with modern 2-bedroom layouts with garages and private yards. This is ideal for investors or small-scale developers with strong rental potential supported by pro forma income analysis.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Tulare
    County
    Tulare
    State
    California
    Longitude
    -119.322696
    Latitude
    36.206539

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    FAQs

    What type of property is this?
    Land - Approved 5-unit multifamily development opportunity in Tulare, CA.
    Where is this land located?
    The property is located at 421 S Laspina St Tulare, CA.
    What is the asking price?
    The asking price for this property is $400,000.
    What are key features of this property?
    This property features: - Approved 5-unit multifamily development opportunity - ready to build.; - Each unit features 2 bedrooms, 2 baths, and a 2-car garage.; - Every unit includes a private yard.
    (559) 343-3049
    Request Owner's contact information
    421 S Laspina St Tulare, CA 93274
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    Tulare, CA 93274
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    421 S Laspina St Tulare, CA 93274
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