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Listed by Eric Van Denk • Central Valley Property Advisors
$ 2,500,000
Est. payment | /mo
850 SqFt
$ 2,500,000
Est. payment | /mo
850 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 850 sqft
Price per Sqft $2,941
MLS Listing ID CRMD25266377
HOA Y/N No
Year Built 1978
Lot Size 6,098 Sqft
Property Sub-Type Other
Source Datashare California Regional
Property Description
Presenting an exceptional multifamily investment opportunity at 408 Trinity Avenue in Chowchilla, California - a well-maintained 20-unit apartment complex consisting of five individual 4-plex buildings, each on its own APN. Every unit offers a comfortable 2-bedroom, 1-bath layout, appealing to long-term tenants and stable occupancy. The property currently generates over $240,000 in annual gross income, demonstrating strong cash flow and consistent performance. Current ownership has shown pride of stewardship through ongoing capital improvements, regular maintenance, and attentive management, ensuring the property remains in excellent condition. With its income, quality upkeep, and separate parcel structure offering future flexibility, 408 Trinity Ave stands out as a turnkey, income-producing asset in a growing Central Valley market.
Location
State CA
County Madera
Interior
Fireplace No
Laundry Common Area
Building
Lot Description Garden
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Vander Meulen Real Estate Group
Broker, REALTOR® | Lic# 00842213 | Lic# 02150745