130 Fillmore St Coalinga, CA 93210-1550
This exceptional 8-unit apartment building in Coalinga, CA, presents a compelling investment opportunity. Located at 130 N Fillmore St, 93210, this single-story, 5,808 square foot property boasts 100% occupancy and underwent a complete renovation in 2023. The building, constructed in 1962, features six updated 2-bedroom, 1-bathroom units and two 1-bedroom, 1-bathroom units. Recent improvements include new bathrooms, flooring, kitchens, and appliances in the larger units, along with new AC units, exterior paint, upgraded windows, and a modern coin-operated laundry facility. Each unit includes a carport and storage. The property is conveniently situated within walking distance of schools and local shopping, ensuring high demand and consistent rental income. Six 2-bedroom, 1-bathroom units currently rent for $1200 per month, while the 1-bedroom, 1-bathroom units rent for $775 and $800 per month respectively. The property is zoned residential and offers a strong return on investment, making it an ideal acquisition for 1031 exchange purposes. The asking price is $1,250,000, or $156,250 per unit, with a price per square foot of $215.22. The Fresno County property (APN: 071-122-09) represents a rare opportunity to acquire a well-maintained, high-performing multifamily asset in a desirable location.
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Melinda Apartments Apartment Building
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
R3 · Coalinga, CACosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.