Four-Unit Apartment Property with
New
For Sale
$799,000
4932 Westgate Court, Visalia, CA 93277
Residential Income, Visalia, CA
Property Size4,276 SF
Lot Size0.21 Acres
Price / SF$186.86
Days on Market3
Property Features for 4932 Westgate Court
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Bedrooms
8
Bathrooms
8
Full bathrooms
8
Rooms
Bedroom 4, Bedroom 5, Bathroom 2, Bathroom 8, Bathroom 3, Bedroom 6, Bathroom 6, Bathroom 7, Bedroom 2, Bedroom 8, Bedroom 3, Bathroom 5, Bathroom 4, Bathroom 1, Bedroom 1, Bedroom 7
Fireplace
1
Directions
From Tulare Ave go South on Crenshaw then make immediate Right on to Westgate; 2nd property on the right.
Subdivision
Visalia SW
Standard status
Active
APN
87370086000
Size
4,276 SF
Lot size
0.21 Acres
Additional Details
Tenant in Place
Yes
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Central Air
Water source
Public
Amenities
fireplaces
in-unit laundry
attached garages
Building Details
Year built
1994
Floors in Building
2
Number of units
4
Roof type
Tile
Listing Agency:
Modern Broker
(559) 667-4711
Listed By:
Laurie Olivares · License #01709086
(559) 972-3152
Added: Nov 4
Last Checked: Nov 6 at 5:06AM
MLS# 244970
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1994, this four-unit apartment property contains 4,276 square feet on a 0.21-acre parcel. The residences are configured as two-bedroom, two-bathroom units, each with a fireplace, in-unit laundry, and an attached garage. Forced-air heating, central air conditioning, a tile roof, public water, and public sewer serve the property.
The property is in Visalia, California, near Cypress Medical Center and El Diamante High School. All four units are occupied.
The property is in Visalia, California, near Cypress Medical Center and El Diamante High School. All four units are occupied.
Key Highlights
- Four units, each with 2 bedrooms and 2 bathrooms
- 4,276 square feet on a 0.21‑acre parcel
- Built in 1994
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,638
Cap Rate
4.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$772,760
$772.8K
Cap Rate 7%
$551,971
$552.0K
Cap Rate 9%
$429,311
$429.3K
Market Conditions
NOI Build-Up for 4,276 SF
Gross rent
$59.0K $13.80/SF
− Vacancy
−$3.8K −$0.89/SF
EGI
$55.2K $12.91/SF
− OpEx
−$16.6K −$3.87/SF
NOI
$38.6K $9.04/SF
Area
Visalia, CA
Vacancy
6.46%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$772,760
Cap Rate 7%
$551,971
Cap Rate 9%
$429,311
Alternative Uses
Best Use
Multifamily LT 5
$552.0K
$483.0K – $644.0K
NOI $38,638 @ 7.0% cap · market cap 4.84%
Second Best
Apartment 5plus
$507.3K
$443.9K – $591.8K
NOI $35,508 @ 7.0% cap · market cap 4.44%
Theoretical Best
Office A
$1.17M
$1.02M – $1.37M
NOI $81,997 @ 7.0% cap · market cap 10.26%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
643
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
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
Frequently Asked Questions
What type of property is this?
Quadplex - Each residence combines two bedrooms and two bathrooms with a fireplace and in-unit laundry.
Where is this quadplex located?
The property is located at 4932 Westgate Court Visalia, CA.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Four units, each with 2 bedrooms and 2 bathrooms; 4,276 square feet on a 0.21‑acre parcel; Built in 1994
