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Jenn Smart

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549 S Del Norte , Kerman, CA 93630
$1,200,000
Est. Payment: $2,666.67/mo
7 Bed
4 Bath
4000 Sqft
0.38 Acres
Status: active | Days on site: 1
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House Description

Fantastic investment opportunity in Kerman, CA featuring 4 separate units on one single APN! This well-maintained multi-family property offers strong, immediate rental income with exceptional potential. Consisting of four spacious units, each residence comes complete with its own private garage (except for unit 567) and dedicated carport for maximum tenant convenience. Unit Breakdown & Updates: 549 Del Norte: Generous 2 BD / 1 BA unit (1,140 SF) fully updated 2 years ago featuring a completely remodeled kitchen with new cabinets, granite countertops, and stainless steel sink. Updated bathroom boasts a custom walk-in shower and double vanity. Finished with classic vinyl hardwood flooring throughout and new vinyl in the kitchen and indoor laundry room. Currently rented at $1,050/mo. 575 Del Norte: Spacious 1 BD / 1 BA unit (1,060 SF) remodeled 1 year ago with a brand-new kitchen including new cabinetry, granite counters, and stainless steel sink. Features a private exterior porch off the kitchen door and durable new vinyl flooring throughout. Currently rented at $875/mo. 567 & 557 Del Norte: Two identical 2 BD / 1 BA units (900 SF each) built in 2012, featuring functional tile flooring in main living areas and cozy carpeting in the bedrooms. Equipped with indoor fire sprinkler systems for safety and modern code compliance. Each rented at $1,000/mo ($2,000/mo combined). Financial Highlights: Gross Annual Income: $43,825 2025 Operating Expenses: $9,207 Insurance: $4,424 | Property Tax: $2,928 With updated interiors, strong historical cash flow, low-maintenance 2012 construction on select units, and private covered parking for all tenants, this 4-unit property on one lot makes an exceptional addition to any savvy investor's portfolio. All units have gas, AC and yard access! Conveniently located near local Kerman amenities, schools, and main transit routes! Buyer to review and satisfy themselves regarding square footage, property details, and all aspects of the property.

Highlights

Listed by Allen Mendrin , 714-660-3995 Gatehouse Properties , 714-743-9882. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.38

Year Built

1950

County

Fresno

Area

699 - Not Defined

Listing ID

OC26218166

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:7
  • ▪ Bathrooms:4
Appliances:Indoor Grill, Microwave, Water Heater
Air Cond:Central Air
Fireplaces:
Floor:Carpet,Laminate,Tile,Vinyl
Other:
  • ▪ Additional:Granite Counters, Storage, All Bedrooms Down, Bedroom on Main Level, Main Level Primary, Walk-In Closet(s)
Water:Public

Exterior Features

Lot:2-5 Units/Acre,No Land Lease
Garage Capacity:7
Roof:Shingle
Others:
  • ▪ Additional:Lighting, Drywall, Stucco, 2+ Total Units
Sewer:Public Sewer
Parking Features:Carport,Garage,Off Street
Principal Interest
$2,667
Taxes
$765

Home Price

$1,200,000

Loan Details

30 yrs
0%

Down Payment

20%
$240,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,666.67

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,666.67 $765.00 $0.00 $3,431.67
Yearly $32,000.00 $9,180.00 $0.00 $41,180.00
Total $960,000.00 $275,400.00 $0.00 $1,235,400.00
Lender profile image
So-Crates Johnson
Dust, Wind, Dude
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Market insight data is pulled from the same city as the listing being viewed (Kerman, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-11-14T09:37:47.000Z

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