815-849 South Indiana Street

Porterville, CA 93257

$2,495,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Wagons West Mobile Home Park Community (All ages) features 28 homesites/spaces with full hook-ups comprised of (18) manufactured housing sites, (7) RV sites, and (3) Single-Family Residences. Situated on a 3.20-acre site the improvements were built in 1975 plus the community is serviced by public/city water, a septic sewer system, and an onsite laundry-facility. Seven (7) of the MH spaces plus the (3) SFRs are direct billed for electrical/gas by the providers; the remaining (17) spaces have a master...Wagons West Mobile Home Park Community (All ages) features 28 homesites/spaces with full hook-ups comprised of (18) manufactured housing sites, (7) RV sites, and (3) Single-Family Residences. Situated on a 3.20-acre site the improvements were built in 1975 plus the community is serviced by public/city water, a septic sewer system, and an onsite laundry-facility. Seven (7) of the MH spaces plus the (3) SFRs are direct billed for electrical/gas by the providers; the remaining (17) spaces have a master meter which is read monthly by the onsite manager then given to 'Park software company' and then each tenant is billed their share of the utilities. Tenants reimburse the ownership for water and electrical through Park Billing system.
  1. Listed by Michael Mendoza • DRE #00917457 • Broker's Network Inc
  2. Listed by Nick Saelee • DRE #02177874 • Broker's Network Inc

Property Details for 815-849 South Indiana Street

City
PORTERVILLE
Building Type
Other
Property Sub Type
Other
Total # Parking Spaces
28

Location

Listing Courtesy of Broker's Network Inc
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LISTING UPDATED: 02/02/2024 02:06 AM

Property Details for 815-849 South Indiana Street

StatusActive
MLS #ML81953043
Days on Market89
Taxes$5,400 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCOMM RI MULTI-UNITS 5+ / Other
Year Built1975
Lot Size3.22 AC / 140,089 SF
CountyTulare County

Location

Listing Courtesy of Broker's Network Inc
Add your commute

Building Information for 815-849 South Indiana Street

Stories-Residences28Year Built1975Building Size-Lot Size3.22 AC / 140,089 SF

Payment Calculator

$14,066 per month

30 year fixed, 7.25% Interest

Principal and Interest

$13,616

Property Taxes

$450

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 815-849 South Indiana Street

Features
Feature Details
  • Disability Features: Other
Utility Details
  • Cooling: Other
  • Heating: Other Heat
  • Water/Sewer: Water - Public
Lot / Property Details
Home Owners Association
  • HOA: No
Property Details
  • Lot Sq Ft Apx: 140089
  • Lot Size Square Feet: 140089.0
  • Roof: Other
  • Sq Ft Apx: 1
  • Year Built: 1975
  • Zoning: RS2
Location Details
  • FIPS Code: 06107
  • Parcel Number: 268-070-005000
  • Board ID: Datashare MLSListings
  • Street Direction: S
Multi Family Information
General Details
  • Units Total: 28
  • Tenant Pays: Other
Income / Expense Details
  • Operating Expenses: Other
Multi Family 5+ Information
Building Details
  • Apx Lot Acres: 3
  • On Site Parking Description: Spaces - Assigned
Income / Expense Details
  • Annual Gross Sched Income: $255,475
  • Annual Taxes: $5,400
  • Annual Util Expense: $43,000
  • Gross Rent Multiplier: 9.77
  • Net Operating Income: $160,211
Other Financial Information
  • Cap Rate: 6.42
Additional Information
Additional Information
  • Fireplace: No

Property History for 815-849 South Indiana Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 815-849 South Indiana Street

This home is within Porterville Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Vandalia Elementary School
PublicK to 5

Pioneer Middle School
Public6 to 8

Strathmore High School
Public9 to 12

Porterville High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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815-849 South Indiana Street is a multi-family home for sale in Porterville, CA 93257. This property was listed for sale on January 31, 2024 by Broker's Network Inc, it's currently listed at $2,495,000. This listing's school district is Porterville Unified School District. Nearby schools include Vandalia Elementary School, Pioneer Middle School and Strathmore High School. 815-849 South Indiana Street is a 0-bed, 0-bath, multi-family home built in 1975.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Broker's Network Inc

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.