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16-Unit Upgraded Apartment Complex
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59 S Indiana St, Porterville, CA 93257

Fully occupied multifamily property with a diverse unit mix, covered parking, and recent building-system improvements.

Property Size17,941 SF
Lot Size1.22 Acres
Days on Market143

Property Features for 59 S Indiana St

General Information

Standard status Active
Size 17,941 SF
Total Parking Spaces 23
Lot size 1.22 Acres
Property subtype Multifamily
Occupancy 100%

Units

Unit Mix 4 x 2BR/1BA, 3 x 3BR/1BA, 9 x 3BR/2BA
Multifamily Units 16

Additional Details

Public Transit Yes

Building Details

Year Renovated 2024
Buildings 4
Listing Agency: Belco Development & Investments
Listed By: Adam Farmer · License #CA 1370795
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 29 at 1:44PM

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 Belco Development & Investments

Investment Insights

Based on property information with market context.

Located at 59 S Indiana Street in Porterville, this apartment property comprises 16 units across four buildings totaling 17,941 square feet. The unit mix includes four 2-bedroom/1-bath units, three 3-bedroom/1-bath units, and nine 3-bedroom/2-bath units. The complex is 100% occupied and includes 23 covered carports.

Improvements completed in 2013 and 2024 include 10 new water heaters, copper wiring, and plumbing throughout the property. The buildings sit on a 1.22-acre parcel measuring 53,143 square feet. Schools, shopping, public transportation, and medical services are located nearby.

Key Highlights

  • 16 units across 4 buildings totaling 17,941 square feet
  • Unit mix: 4 2 Bed 1 Bath, 3 3 Bed 1 Bath, and 9 3 Bed 2 Bath
  • 100% occupied complex with 23 covered carports

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Hair Salon HVAC Service Kitchen & Bath Showroom 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

16
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

841
Businesses Nearby

Demographics for 93257, CA

79,569
Population
25,020
Households
3.2
Avg Household Size
31
Median Age
15%
College-Educated
69%
High-School Grad
378.9 sq mi
ZIP Area
210
Density / Sq Mi
$58,261
Median Household Income
$30,344
Median Earnings
$1,086
Median Rent
$276,400
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

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

What type of property is this?
Apartment building - Fully occupied multifamily property with a diverse unit mix, covered parking, and recent building-system improvements.
Where is this apartment building located?
The property is located at 59 S Indiana St Porterville, CA.
What are key features of this property?
This property features: 16 units across 4 buildings totaling 17,941 square feet; Unit mix: 4 2 Bed 1 Bath, 3 3 Bed 1 Bath, and 9 3 Bed 2 Bath; 100% occupied complex with 23 covered carports
(951) 696-2727 Call to check price and availability
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