Multifamily Property with Detached
4340 W Judy Ave, Visalia, CA 93277
For Sale
$899,000
Four residences combine a three-bedroom home with three occupied, detached apartments.
Property Size4,874 SF
Price / SF$184.45
Days on Market12
Property Features for 4340 W Judy Ave
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
Tenant in Place
Amenities
pool
koi ponds
fountains
greenhouse
craft room
covered workshop area
Building Details
Buildings
Tenancy
Listing Agency:
Realty Concepts, Ltd. - Fresno
(559) 490-1500
Listed By:
Melissa F. Blake · License #02017316
(559) 403-6926
Source:
Exprealty
Added: Oct 26
Changed: Nov 5
Last Checked: Nov 6 at 2:05PM
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
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Investment Insights
Based on property information with market context.
In southwest Visalia, this multifamily property brings together a three-bedroom, two-bathroom primary residence and three detached one-bedroom apartments. Each apartment has a living room and kitchen, and all three are occupied by long-term tenants. The main home includes an upstairs primary suite and a sitting room with a fireplace and balcony overlooking the grounds.
Landscaping, a private pool, three koi ponds, fountains, and a greenhouse shape the outdoor setting. Additional improvements include a detached craft room, utility room, storage areas, and a covered workshop space. The property also has abundant parking.
Landscaping, a private pool, three koi ponds, fountains, and a greenhouse shape the outdoor setting. Additional improvements include a detached craft room, utility room, storage areas, and a covered workshop space. The property also has abundant parking.
Key Highlights
- Four residences: one 3‑bedroom, 2‑bathroom home and three detached 1‑bedroom apartments
- Each apartment includes a living room and kitchen; all three are occupied by long‑term tenants
- Main residence features an upstairs primary suite and a fireplace sitting room with balcony
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,474
Cap Rate
4.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$809,480
$809.5K
Cap Rate 7%
$578,200
$578.2K
Cap Rate 9%
$449,711
$449.7K
Market Conditions
NOI Build-Up for 4,874 SF
Gross rent
$79.0K $16.20/SF
− Vacancy
−$5.4K −$1.10/SF
EGI
$73.6K $15.10/SF
− OpEx
−$33.1K −$6.79/SF
NOI
$40.5K $8.30/SF
Area
Visalia, 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%
$809,480
Cap Rate 7%
$578,200
Cap Rate 9%
$449,711
Alternative Uses
Best Use
Apartment 5plus
$578.2K
$505.9K – $674.6K
NOI $40,474 @ 7.0% cap · market cap 4.50%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.34M
$1.17M – $1.56M
NOI $93,464 @ 7.0% cap · market cap 10.40%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
4
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
526
Businesses Nearby
Explore this area
Business Placement
Demographics for 93277, CA
53,196
Population
19,434
Households
2.7
Avg Household Size
37
Median Age
23%
College-Educated
90%
High-School Grad
39.4 sq mi
ZIP Area
1,350
Density / Sq Mi
$79,532
Median Household Income
$43,555
Median Earnings
$1,406
Median Rent
$320,500
Median Home Value
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Market
Average Price Trend$/SF for Multifamily properties in Visalia, CA
Properties on Market for Multifamily properties in Visalia
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Multifamily property - Four residences combine a three-bedroom home with three occupied, detached apartments.
Where is this multifamily property located?
The property is located at 4340 W Judy Ave Visalia, CA.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Four residences: one 3‑bedroom, 2‑bathroom home and three detached 1‑bedroom apartments; Each apartment includes a living room and kitchen; all three are occupied by long‑term tenants; Main residence features an upstairs primary suite and a fireplace sitting room with balcony
