12461 Amethyst Ave, Cutler, CA 93615
- Retail space
- 3,194 SF
- 0.15 lot acres
Current Use by Public Records
- Primo Water Refill / Big Box & Wholesale Store
- Cutler Market / Department Store
- Rubalcaba Grocery / Grocery & Convenience Store / Food Market
Property Details for 12461 Amethyst Ave
- Year built
- 1900
- Construction
- WOOD
- Lot size
- 0.15 lot acres
- Zone code
- C-1
- Property type
- Retail space
- APN
- 032-083-001-000
- APU
- 32083001000
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jul 8, 2024 | — | Saleh A Hussain | — | Deed · related | $150k · Fahmi Alsumeri |
| Nov 4, 2022 | $400,000 | Cutler Property LLC | Saleh A Hussain | Grant Deed | $340k · Commonwealth Business Bank |
| Nov 23, 2021 | — | Saleh Hussain | — | Deed · related | $60k · Fahmi Alsumeri |
| Mar 22, 2021 | — | Saleh A Hussain | — | Deed · related | $100k · Fahmi Alsumeri |
| Apr 30, 2013 | $323,000 | Saleh A Hussain | Rubalcaba,fernando & Rosa E | Grant Deed | $312k · Fernando & Rosa E Rubalcaba |
| Dec 19, 2003 | — | Fernando Rubalcaba | Rubalcaba,tr | Quit Claim Deed · related | — |
| Jul 23, 1998 | — | Rubalcaba Trust | Rubalcaba Trust | Quit Claim Deed · related | — |
| — | — | Fernando Rubalcaba | — | Deed Of Trust · related | $155k · Rubalcaba R & A Living Trust |
Description
This exceptional retail property located at 12461 Amethyst Avenue in Cutler, CA, presents a unique investment opportunity. The 3,194 square foot building sits on a 0.16-acre lot and is currently operating as a thriving convenience store. The property's strong income stream is enhanced by two separate rental spaces. A fully equipped kitchen within the main store generates $1,000 per month in rental income, while an additional 950 square foot shop space also commands a $1,000 monthly rental fee. This translates to a substantial $24,000 annual passive income stream. The existing convenience store is well-maintained and presents a clean, inviting atmosphere for customers. The property's significant potential for growth is undeniable, offering numerous avenues for expansion and increased profitability. The strategic location in Cutler, CA, provides excellent visibility and accessibility, ensuring a steady flow of customers. This turnkey operation is ideal for an investor seeking immediate returns and long-term appreciation. The asking price for this remarkable property is $675,000, representing a compelling investment opportunity in a thriving market. The property's current income stream, combined with its expansion potential, makes it an attractive proposition for savvy investors looking for a strong return on their investment. Don't miss this chance to acquire a profitable and versatile retail property with significant upside.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Cutler
- County
- Tulare
- State
- California
- Longitude
- -119.294
- Latitude
- 36.5278
- CBSA code
- 47300
- CBSA name
- VISALIA-PORTERVILLE, CA METROPOLITAN STATISTICAL AREA
