Three-Unit Residential Income
For Sale
Contact for pricing
11237 16th Ave, Lemoore, CA 93245
Three leased residences sit on one acre, with separate electrical meters for each address.
Property SizeContact for details
Lot Size1.00 Acre
Days on Market121
Property Features for 11237 16th Ave
General Information
Standard status
Active
Lot size
1.00 Acre
Property subtype
Multifamily
Occupancy
100%
Additional Details
Business Included
Yes
Multifamily Units
3
Building Details
Tenancy
Multi
Listing Agency:
Hoekstra & Associates Inc
Listed By:
Jaime Martinez · License #01971583
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 20 at 5:24PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Hoekstra & Associates Inc
Investment Insights
Based on property information with market context.
This residential income property is located on approximately 1 acre and includes multiple on-site units with two legal addresses per county records. Each property has its own electrical meter.
The current leases include a 4-bedroom, 2-bath home at 11237 16th Ave and a 2-bedroom, 1-bath home at 11219 16th Ave. A park model on the property is also leased.
Seller-provided lease details list the 11237 16th Ave home at $1,600 per month, the 11219 16th Ave home at $780 per month, and the park model at $725 per month. The seller prefers an all-cash buyer and a quick close by the end of 2023.
The current leases include a 4-bedroom, 2-bath home at 11237 16th Ave and a 2-bedroom, 1-bath home at 11219 16th Ave. A park model on the property is also leased.
Seller-provided lease details list the 11237 16th Ave home at $1,600 per month, the 11219 16th Ave home at $780 per month, and the park model at $725 per month. The seller prefers an all-cash buyer and a quick close by the end of 2023.
Key Highlights
- Three leased residences on 1 acre in Lemoore, CA
- 11237 4 bed / 2 bath home leased at $1,600/mo
- 11219 2 bed / 1 bath home leased at $780/mo
Property Analytics
Current Use
Lease Details
3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
12
Businesses Nearby
Explore this area
Business Placement
Demographics for 93245, CA
38,045
Population
12,995
Households
2.9
Avg Household Size
30
Median Age
20%
College-Educated
84%
High-School Grad
118.9 sq mi
ZIP Area
320
Density / Sq Mi
$78,181
Median Household Income
$40,279
Median Earnings
$1,470
Median Rent
$324,100
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Three leased residences sit on one acre, with separate electrical meters for each address.
Where is this triplex located?
The property is located at 11237 16th Ave Lemoore, CA.
What are key features of this property?
This property features: Three leased residences on 1 acre in Lemoore, CA; 11237 4 bed / 2 bath home leased at $1,600/mo; 11219 2 bed / 1 bath home leased at $780/mo
