15-Unit Apartment
1426 Church Street Unit AO Kingsburg, CA 93631
For Sale
$2,150,000
Well-maintained 15-unit multifamily property with on-site community laundry and covered parking.
Property Size11,432 SF
Price / SF$188.07
Days on Market141
Property Features for 1426 Church Street Unit AO
General Information
- Standard status
- Active
- Size
- 11,432 SF
- Property subtype
- Multi Family / 5 to 15 Units
Building Details
- Year Built
- 1971
Listing Agency:
Realty Concepts, Ltd. - Fresno
(559) 681-2111
Listed By:
Sarah Hedrick · License #01371742
(559) 681-2111
Source:
Compass
Added: Mar 5
Changed: Jul 23
Last Checked: Jul 23 at 3:21PM
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 Realty Concepts, Ltd. - Fresno
Investment Insights
Based on property information with market context.
Kings Crest Apartments is a well-maintained 15-unit multifamily property featuring a community laundry facility on the grounds. The building includes a full-length carport at the rear, with each unit having a covered parking space and a storage closet. Recent improvements include a complete exterior paint job in 2018 and a new composition roof installed in 2019, and some A/C units have been replaced. The units are currently rented.
Located in Kingsburg, California, the property is in Fresno County. It is approximately 0.8 miles from Kingsburg High School, with nearby local parks including Bicentennial Park and Athwal Park & Skate Park, and shopping options including Walmart Supercenter and Sun-Maid Market. The area also offers easy access to the CA-99 freeway for connectivity to nearby cities.
Expenses and income information are available for qualified buyers upon request. For questions, please call the broker; please do not walk the property.
Located in Kingsburg, California, the property is in Fresno County. It is approximately 0.8 miles from Kingsburg High School, with nearby local parks including Bicentennial Park and Athwal Park & Skate Park, and shopping options including Walmart Supercenter and Sun-Maid Market. The area also offers easy access to the CA-99 freeway for connectivity to nearby cities.
Expenses and income information are available for qualified buyers upon request. For questions, please call the broker; please do not walk the property.
Key Highlights
- 15‑unit multifamily property at 1426 Church Street, Kingsburg, CA
- 11,250 SF total building size with approx. 750 SF per unit
- Community laundry on‑site plus full‑length carport at the rear
Financial Insights For Apartment 5plus
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 | $274.4k | $24.00 |
| − Vacancy | −$11.5k | −$1.01 |
| EGI | $262.8k | $22.99 |
| − OpEx | −$118.3k | −$10.35 |
| NOI | $144.6k | $12.65 |
11,432 SF · lease $24.00/SF/yr · vacancy 4.20% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$2.07M
$1.81M – $2.41M
NOI $144,564 @ 7.0% cap · market cap 6.72%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.24M
$2.84M – $3.78M
NOI $226,808 @ 7.0% cap · market cap 10.55%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Apartment buildings
FAQs
What type of property is this?
Apartment building - Well-maintained 15-unit multifamily property with on-site community laundry and covered parking.
Where is this apartment building located?
The property is located at 1426 Church Street Unit AO Kingsburg, CA.
What is the asking price?
The asking price for this property is $2,150,000.
What are key features of this property?
This property features: 15‑unit multifamily property at 1426 Church Street, Kingsburg, CA; 11,250 SF total building size with approx. 750 SF per unit; Community laundry on‑site plus full‑length carport at the rear
