Six-Unit Apartment
New
For Sale
$575,000
25515 7th Avenue, Corcoran, CA 93212
Residential Income, Corcoran, CA
Property Size3,709 SF
Lot Size0.87 Acres
Price / SF$155.03
Days on Market2
Property Features for 25515 7th Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
9
Bathrooms
6
Full bathrooms
6
Rooms
Bathroom 1, Bedroom 7, Bedroom 6, Bedroom 1, Bedroom 5, Bathroom 3, Bathroom 5, Bathroom 6, Bedroom 3, Bathroom 4, Bedroom 4, Bedroom 2, Bathroom 2, Bedroom 9, Bedroom 8
Directions
From 43, West on Orange Ave., South on 7th Ave.
Subdivision
Corcoran
Standard status
Active
APN
034131029000
Size
3,709 SF
Lot size
0.87 Acres
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas
Cooling system
Multi Units
Water source
Public
Building Details
Year built
1930
Floors in Building
1
Number of units
6
Roof type
Composition
Listing Agency:
ERA Valley Pro Realty · ERA Real Estate
(559) 407-0303
Listed By:
Hector Martinez
(559) 280-2024
Added: Nov 5
Last Checked: Nov 6 at 5:06AM
MLS# 245007
Copyright © 2026 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.
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Investment Insights
Based on property information with market context.
Built in 1930, this apartment property contains six units across 3,709 square feet on a 0.87-acre parcel. The building has natural gas heating, multiple cooling units, and a composition roof. Public water and sewer serve the property.
The property is located at 25515 7th Avenue in Corcoran, California.
The property is located at 25515 7th Avenue in Corcoran, California.
Key Highlights
- Six‑unit apartment property
- 3,709 square feet of building area
- 0.87‑acre parcel
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,550
Cap Rate
7.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$811,000
$811.0K
Cap Rate 7%
$579,286
$579.3K
Cap Rate 9%
$450,556
$450.6K
Market Conditions
NOI Build-Up for 3,709 SF
Gross rent
$77.4K $20.88/SF
− Vacancy
−$3.7K −$1.00/SF
EGI
$73.7K $19.88/SF
− OpEx
−$33.2K −$8.94/SF
NOI
$40.5K $10.93/SF
Area
Kings County, CA
Vacancy
4.80%
Lease Rate
$20.88 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$811,000
Cap Rate 7%
$579,286
Cap Rate 9%
$450,556
Alternative Uses
Best Use
Apartment 5plus
$579.3K
$506.9K – $675.8K
NOI $40,550 @ 7.0% cap · market cap 7.05%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$1.17M
$1.03M – $1.37M
NOI $82,028 @ 7.0% cap · market cap 14.27%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
38
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - The property combines a six-unit configuration with public water and sewer service.
Where is this apartment building located?
The property is located at 25515 7th Avenue Corcoran, CA.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Six‑unit apartment property; 3,709 square feet of building area; 0.87‑acre parcel
