Listing Agency: Graham & Associates j***@mdgre.com Show Phone

Listed By: Joe Silva · License #CA

Source: Crexi

Added: Apr 12 Changed: Jul 21 Last Checked: Jul 31 at 1:54PM

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Investment Insights

Based on property information with market context.

This multifamily investment property in Corcoran High School proximity is currently configured for multiple units and includes the ability and approval to construct an additional duplex, increasing the total to eight units. Each unit is separately metered with its own Electric, Gas, and Water meter.

The proposed duplex is stated as having its meter set and being ready to go. The existing units are described as 2-bedroom, 1-bath homes.

Unit amenities include stainless appliances, granite countertops, central heat and air, and tankless water heaters.

Key Highlights

• Multifamily investment property in Corcoran with approval to build an additional duplex to bring total to 8 units
• Each unit has separate electric, gas, and water meters
• All units are 2 bed, 1 bath

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage HVAC Service Hair Salon Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6

Residential units

Location Intelligence

Trade Area within ½ mile

369

Businesses Nearby

Explore this area Business Placement

Demographics for 93212, CA

23,138

Population

4,967

Households

4.7

Avg Household Size

36

Median Age

4%

College-Educated

59%

High-School Grad

118.5 sq mi

ZIP Area

195

Density / Sq Mi

$54,149

Median Household Income

$34,241

Median Earnings

$1,030

Median Rent

$220,500

Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022

7.8% 2023

8.6% 2024

8.6% 2025

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Frequently Asked Questions

What type of property is this?

Apartment building - Multifamily investment property in Corcoran with approved plans to add a duplex and bring the total to eight units.

Where is this apartment building located?

The property is located at 1304 Jepsen Ave Corcoran, CA.

What are key features of this property?

This property features: Multifamily investment property in Corcoran with approval to build an additional duplex to bring total to 8 units; Each unit has separate electric, gas, and water meters; All units are 2 bed, 1 bath