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Property profile & analytics
OFF-MARKET
Specialty properties

558 Prospect St Porterville, CA 93257

4,272 SF
Property ID
Property summary
AI-generated overview

This exceptional property in Porterville, California, presents a unique investment opportunity. Situated on a nearly one-acre lot (32,558 sq ft), this offering includes three buildings totaling 4,272 square feet. The main building, suitable for religious services, features an auditorium with seating for approximately 100, plus six additional rooms ideal for classrooms or offices. A separate building includes a full kitchen, perfect for events or communal gatherings. A 1,260 sq ft, two-bedroom, one-bathroom house, with a separate APN number, is currently generating $1,450 in monthly rental income under a lease expiring February 25th. The main church building and auxiliary building with the kitchen have a potential rental value of $3,500 to $4,200 per month. The property is zoned SFR with a Conditional Use Permit (CUP) in place. Recent interior and exterior painting has been completed on the main church building and the house. This property is priced at $434,000, representing a price per square foot of $101.59. The property's location at 558 S Prospect St, Porterville, CA 93257, offers a peaceful residential setting with significant potential for commercial or residential development. The APN is 268-051-020-000.

Property profile
Verified
Property type Specialty properties
Total area 4,272 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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