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Two-Unit Residential Duplex
For Sale
$439,000

333 N L Street, Dinuba, CA 93618

Residential Income, Dinuba, CA

Property Size4,486 SF
Lot Size0.22 Acres
Price / SF$97.86
Days on Market321

Property Features for 333 N L Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 14
Bathrooms 7
Full bathrooms 7
Rooms Bedroom 8, Bathroom 6, Bathroom 2, Bathroom 3, Bedroom 2, Bedroom 1, Bedroom 6, Basement, Bathroom 1, Bedroom 13, Bedroom 5, Bedroom 4, Bathroom 4, Bedroom 10, Bathroom 7, Bathroom 5, Bedroom 3, Bedroom 11, Bedroom 12, Bedroom 9, Bedroom 14, Bedroom 7
Interior features Kitchenette, Pantry
Appliances Dishwasher, Gas Oven, Gas Water Heater
Lot features Back Yard, Fencing, Front Yard
Directions N-99 exit 115 to mtn view, left to Dinuba/Orosi,-Left on mtn view, R on 80 S Alta Vista ave. Left on N L St. S-99 exit CA 198E toward Visali, exit 102 for Plaza drive, Right on CA 120 E, left on Rd. 84, Left on S L St.
Subdivision Dinuba
Standard status Active
APN 017114005000
Size 4,486 SF
Lot size 0.22 Acres

Utilities

Sewer type Public Sewer
Heating system Space Heater
Cooling system Varies by Unit
Water source Public

Building Details

Year built 1920
Floors in Building 2
Number of units 2
Flooring type Linoleum
Roof type Composition
Listing Agency: Downtown Realty
Listed By: Maria Petrovits · License #01815201
Added: Nov 19, 2025 Changed: Oct 5 Last Checked: Oct 6 at 10:06PM
MLS# 238499

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.

Investment Insights

Based on property information with market context.

Built in 1920, this two-unit duplex in Dinuba contains 4,486 square feet on a fenced 9,375-square-foot lot. The property has 14 bedrooms and 7 bathrooms in total. The ground-floor unit includes 10 bedrooms, 5 bathrooms and living areas; the upper unit has 4 bedrooms, 2 bathrooms, a dining area and a kitchenette, with stairs on the north side.

A fire sprinkler system is present but is not currently in use. Public water and sewer serve the property. The sale is as-is.

Key Highlights

  • Two units with 14 bedrooms and 7 bathrooms combined
  • 4,486 square feet of living space on a 9,375‑square‑foot lot
  • Ground‑floor unit has 10 bedrooms and 5 bathrooms; upper unit has 4 bedrooms and 2 bathrooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$37,252
Cap Rate
8.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$745,040 $745.0K
Cap Rate 7%
$532,171 $532.2K
Cap Rate 9%
$413,911 $413.9K
Market Conditions
NOI Build-Up for 4,486 SF
Gross rent
$72.7K $16.20/SF
− Vacancy
−$4.9K −$1.10/SF
EGI
$67.7K $15.10/SF
− OpEx
−$30.5K −$6.79/SF
NOI
$37.3K $8.30/SF
Area
Tulare County, CA
Vacancy
6.80%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$745,040
Cap Rate 7%
$532,171
Cap Rate 9%
$413,911

Alternative Uses

Best Use
Multifamily LT 5
$579.1K
$506.7K – $675.6K (±1% cap)
NOI $40,535 @ 7.0% cap · market cap 9.23%
Second Best
Apartment 5plus
$532.2K
$465.7K – $620.9K (±1% cap)
NOI $37,252 @ 7.0% cap · market cap 8.49%
Theoretical Best
Specialty Retail
$1.36M
$1.19M – $1.59M (±1% cap)
NOI $95,384 @ 7.0% cap · market cap 21.73%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Gym & Fitness Center Storage Facility Electrical Service (Bike/Boat/Book/etc) Store

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

2
Residential units
Yes
Sprinkler system

Location Intelligence

Trade Area within ½ mile

766
Businesses Nearby

Demographics for 93618, CA

30,709
Population
9,040
Households
3.4
Avg Household Size
30
Median Age
14%
College-Educated
71%
High-School Grad
66.9 sq mi
ZIP Area
459
Density / Sq Mi
$63,190
Median Household Income
$31,976
Median Earnings
$1,125
Median Rent
$272,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Separate living areas include a larger ground-floor residence and an upstairs unit with a kitchenette and dining area.
Where is this duplex located?
The property is located at 333 N L Street Dinuba, CA.
What is the asking price?
The asking price for this property is $439,000.
What are key features of this property?
This property features: Two units with 14 bedrooms and 7 bathrooms combined; 4,486 square feet of living space on a 9,375‑square‑foot lot; Ground‑floor unit has 10 bedrooms and 5 bathrooms; upper unit has 4 bedrooms and 2 bathrooms
More about this property
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