318 Fremont St, Delano, CA 93215
This exceptional investment opportunity presents a unique chance to acquire a multifamily property located at 318 Fremont Street, Delano, CA 93215. The property consists of two separate homes situated on a single lot, offering significant potential for rental income or owner-occupied living. The front home boasts two bedrooms and one bathroom, while the rear home features one bedroom and one bathroom. The total square footage is 1,049 square feet. The rear home benefits from convenient alley access, providing easy access for parking and deliveries. A chain-link fence enhances the security of the property. The property is being sold "AS IS," presenting a chance for buyers to customize and improve the homes to their specifications. The property is classified as Multifamily, Industrial, and Commercial, and is further categorized as a Duplex/Triplex/Quadruplex. This property is located in Kern County, California, and presents a compelling investment opportunity in a growing market. Note that the property is currently occupied, and potential buyers are asked to respect the privacy of the tenants. This is a rare opportunity to acquire a multifamily property in Delano at an attractive price point. The property's unique layout and location make it an ideal investment for both seasoned and novice investors.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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
No recorded transactions found for this property.
Costs & 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.