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    638 W Kern St Dinuba, CA 93618
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    Property profile & analytics

    638 W Kern St, Dinuba, CA 93618

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    • Apartment buildings
    • 3,744 SF
    • 0.80 lot acres
    Turnkey Multi-Unit Supported Housing Property For Sale
    $1,900,000
    8,000 SF

    Turnkey Multi-Unit Supported Housing Property

    Remodeled multi-unit property permitted for 74 beds, ready for immediate deployment.

    638 W Kern St, Dinuba, CA 93618
    View Listing
    Property ID
    US09-5937420
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    2.7%
    Apartment buildings
    Location Intelligence

    Current Use by Public Records

    • Apartment buildings

    Property Details for 638 W Kern St

    Year built
    1956
    Construction
    WOOD
    Lot size
    0.80 lot acres
    Zone code
    RM-2
    Property type
    Apartment buildings
    APN
    017-173-005-000
    APU
    17173005000

    Description

    This 74-unit apartment building in Dinuba, CA presents a compelling investment opportunity. Located on a 0.82-acre lot at 638 W Kern St, 93618, this Class B property boasts 8,000 square feet of rentable space, currently permitted for 74 beds. Previously used for H-2A housing, it's ideally suited for supported housing, offering significant potential for expansion. The property features four single-story buildings constructed in 1966 and renovated in 2000, including a commercial kitchen capable of producing over 1,000 meals daily, complete with walk-in refrigeration and freezer units. Improvements include metal roofs, new flooring, updated light fixtures, rain gutters, and a video security system. Exterior amenities include a 1,000 square foot shaded concrete eating area, two 20-foot sea trains for storage, and a gravel yard for equipment and vehicle staging. The property is fully fenced and gated, providing enhanced security and privacy. City water and sewer services are available. The property's central location offers convenient access to local stores and transportation, with proximity to Kingsburg (10 miles), Fresno (30 miles), Visalia (20 miles), and Bakersfield (80 miles). The asking price is $3,500,000, representing a price per unit of $47,297.30 and a price per square foot of $437.50. The property offers a strong net operating income (NOI) of $360,000, resulting in a 10.29% cap rate. The property is offered as a 1031 exchange opportunity. APN: 017-173-005-000.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,160,000
      ML approach
      $1,205,000
    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $1,505,000
      COMMERCIAL (GENERAL)
      $915,000
      MEDICAL BUILDING
      $755,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Dinuba
    County
    Tulare
    State
    California
    Longitude
    -119.394
    Latitude
    36.5354
    CBSA code
    47300
    CBSA name
    VISALIA-PORTERVILLE, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $3,030
    $95,146
    $171,678
    $266,824
    -
    $0.00
    $0.00
    $0.00
    View Listing
    More about this property
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