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    North Fork, CA
    Quadplex

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    Bass Lake, CA O Neals, CA Portola, CA Oakhurst, CA Coarsegold, CA Auberry, CA Friant, CA Prather, CA
    Remodeled Four-Unit Multifamily Investment Property
    Updated: Sep 13, 2023
    Remodeled Four-Unit Multifamily Investment Property

    32989 Weatherly Ln, North Fork, CA 93643

    $615,000
    3,428 sqft 0.11 AC lot
    Fully remodeled, 100% occupied 4‑unit multi‑family property with immediate income.
    Value‑add opportunity to increase income by addressing under‑market rent on Unit A and extending lease lengths, with potential to achieve a stabilized gross annual income of $81,000.
    Strong investment metrics: potential 9.48% CAP rate, 1.7% DCR, and 12.97% cash‑on‑cash return once stabilized.
    Unit A currently operating as a successful AirBnB with documented payouts.
    Each unit features private entrances, fenced patios, and separate gas/electricity meters.
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    This listing looks promising.

    Here's a quick look at some key insights for

    32989 Weatherly Ln, North Fork, CA 93643

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    • Est. Cap Rate

      6.1%
      Above avg (5.9%)

    • Est. NOI

      $38K
      Annual

    • Price @ 7% Cap

      $540K
      Suggested
    View Property Analytics
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in North Fork, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Two-Structure 4-Unit Multifamily Property
    Two-Structure 4-Unit Multifamily Property

    366 E El Paso Avenue, Fresno, CA 93720

    $819,900
    4,032 sqft 0.23 AC lot

    Four-unit multifamily on one lot with two structures, including several units with updated kitchens and baths.

    View details
    Multi-Family Quadplex with Commercial Flexibility
    Multi-Family Quadplex with Commercial Flexibility

    34681 Avenue 12, Madera, CA 93636

    $1,400,000
    4,941 sqft 2.25 AC lot

    Four income-producing multifamily units with month-to-month tenants and commercial zoning, plus an on-site well for water access.

    View details
    Four-Unit Multifamily Property
    Four-Unit Multifamily Property

    366 E El Paso Avenue, Fresno, CA 93720

    $819,900
    4,032 sqft

    Well-maintained four-unit multifamily on one lot with two structures, with all units currently occupied.

    View details
    Commercial-Zoned Multi-Unit Income Property
    Commercial-Zoned Multi-Unit Income Property

    34681 Avenue 12, Madera, CA 93636

    $1,500,000
    4,941 sqft 2.25 AC lot

    Four multifamily units plus additional residential and shop space offer month-to-month occupancy flexibility with commercial zoning.

    View details

    North Fork, CA Quadplexes Market Trends and Statistics

    Explore 1 quadplexes for sale in North Fork, CA on our real estate platform. These investment opportunities span a total of 3,428 square feet of properties for sale, with an estimated market value of $615,000.

    Sale prices for four-unit buildings in North Fork, CA start at $615,000, averaging $615,000, and reaching up to $615,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Quadplexes 1
    Short term rental properties 1

    Demographics Overview

    Population 2,778
    Population Growth (5Y) -6.2%
    Median Household Income $67,612
    College Educated 26.2%

    High-Yield Neighborhoods for Investment

    Identify North Fork submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    93643 $615K

    Taxes & Financing

    Tax Rate (average for all types) 0.91%
    Property Tax per SF $30.31 per SF
    Tax Rate vs County Average 0.17 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Madera County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Madera County

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