Prime Income Property - 3-Unit Complex, exceptional investment opportunity! This 3-unit complex is a prime income-generating property, ideal for investors seeking consistent rental income with strong potential for future appreciation. Each unit features 2 bedrooms, 1 bathroom, inside laundry and back yard offering a highly rentable and desirable layout. The complex is low maintenance with a proven track record of minimal vacancies, making it a reliable asset for both new and seasoned investors. Don't miss out on this rare chance to own a solid income property with built-in cash flow and long-term growth potential.
Multi-familyProperty Type
1973Year Built
0.27 acresLot Size
$557,051Est. Price/Sq.Ft.
Listed by Teymour Farhang•DRE #00625663• Berkshire Hathaway HomeServices CA Realty
Contact: tfarhang@aol.com
Bought with Jose Orozco•DRE #02148263• Allison James Estates & Homes
Prime Income Property - 3-Unit Complex, exceptional investment opportunity! This 3-unit complex is a prime income-generating property, ideal for investors seeking consistent rental income with strong potential for future appreciation. Each unit features 2 bedrooms, 1 bathroom, inside laundry and back yard offering a highly rentable and desirable layout. The complex is low maintenance with a proven track record of minimal vacancies, making it a reliable asset for both new and seasoned investors. Don't miss out on this rare chance to own a solid income property with built-in cash flow and long-term growth potential.
TCMLS #235881
Jul 18, 2025
Sold
$365,000
$365,000/sq ft
Jun 29, 2025
Contingent
—
Jun 18, 2025
Listed
$395,000
$395,000/sq ft
+3
FRESNOMLS #632369
Jul 18, 2025
Sold
$365,000
$365,000/sq ft
Jun 29, 2025
Contingent
—
Jun 18, 2025
Listed
$395,000
$395,000/sq ft
CRMLS #PI25137210
Jul 18, 2025
Sold
$365,000
$365,000/sq ft
Jun 30, 2025
Contingent
—
Jun 18, 2025
Listed
$395,000
$395,000/sq ft
Public Records
Jul 31, 2002
Sold
$105,000
$105,000/sq ft
Public Records
Dec 22, 1993
Sold
$90,000
$90,000/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,642 (+1.8%)
$80,000 + $285,000
$365,000
2024
$1,613 (+2.8%)
$28,963 + $123,112
$152,075
2023
$1,569 (+4.7%)
$28,396 + $120,699
$149,095
2022
$1,499 (−0.1%)
$27,295 + $116,013
$143,308
2021
$1,501 (+1.4%)
$27,295 + $116,013
$143,308
2020
$1,481 (−28.7%)
$26,760 + $113,738
$140,498
2019
$2,076 (+11.4%)
$26,486 + $112,572
$139,058
2018
$1,864 (+34.2%)
$25,967 + $110,365
$136,332
2017
$1,389 (−16.1%)
$24,959 + $106,079
$131,038
2016
$1,655 (+22.3%)
$24,959 + $106,079
$131,038
2015
$1,353 (−11.2%)
$24,470 + $103,999
$128,469
2014
$1,524
$23,630 + $100,430
$124,060
Tax history for 1108 N Rinaldi St
Year
Property tax
Land + Additions
Assessment*
2025
$1,642 (+1.8%)
$80,000 + $285,000
$365,000
2024
$1,613 (+2.8%)
$28,963 + $123,112
$152,075
2023
$1,569 (+4.7%)
$28,396 + $120,699
$149,095
2022
$1,499 (−0.1%)
$27,295 + $116,013
$143,308
2021
$1,501 (+1.4%)
$27,295 + $116,013
$143,308
2020
$1,481 (−28.7%)
$26,760 + $113,738
$140,498
2019
$2,076 (+11.4%)
$26,486 + $112,572
$139,058
2018
$1,864 (+34.2%)
$25,967 + $110,365
$136,332
2017
$1,389 (−16.1%)
$24,959 + $106,079
$131,038
2016
$1,655 (+22.3%)
$24,959 + $106,079
$131,038
2015
$1,353 (−11.2%)
$24,470 + $103,999
$128,469
2014
$1,524
$23,630 + $100,430
$124,060
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
6
Baths
3
Stories
1
Lot width
—
Lot depth
—
Lot size
0.27 Acres
Year renovated
—
Sq. Ft.
2,496
Year built
1973
Style
Multi-Family (2-4 Unit)
County
Tulare County
APN
093062018000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 3, 2026.
R-1-5
Single-Family Residential Zone
In the R-1 single-family residential zones R-1-5, the Purpose and Intent is to provide living area within the city where development is limited to low density concentrations of one-family dwellings where regulations are designed to accomplish the following: to promote and encourage a suitable environment for family life; to provide space for community facilities needed to compliment urban residential areas and for institutions that require a residential environment; to minimize traffic congestion and to avoid an overload of utilities designed to service only low density residential use.
Permitted uses
Include but are not limited to:
Day care facility
Housing-Single unit
Housing-Senior
Housing-Other
Property details
Interior
Laundry Information
Has Laundry
Inside
Interior Features
Entry Level: 1
Entry Location: 1
Levels: One
Unit Type 1 Information
Unit Key Numeric: 11808326
Listing Key Numeric: 374607496
Actual Rent: $1,250
Total # of Baths: 1
# of Baths Full: 1
Total # of Beds: 2
Furnished: Unfurnished
Total Rent: $1,250
Total # of Units: 1
Unit Type 2 Information
Unit Key Numeric: 11808327
Listing Key Numeric: 374607496
Actual Rent: $1,065
Total # of Baths: 1
# of Baths Full: 1
Furnished: Unfurnished
Total # of Beds: 2
Total Rent: $1,065
Total # of Units: 1
Unit Type 3 Information
Listing Key Numeric: 374607496
Unit Key Numeric: 11808328
Actual Rent: $1,025
Total # of Baths: 1
# of Baths Full: 1
Total # of Beds: 2
Furnished: Unfurnished
Total Rent: $1,025
Total # of Units: 1
Expenses
Trash: $858.60
Total: $6,077
Pest Control: $780
Maintenance: $143.64
Insurance: $2,100
Water Sewer: $2,194.80
Multi-Unit Information
Net Operating Income: $34,003
Average 3 Bed Area Units: Sq. Ft.
Average 2 Bed Area Units: Sq. Ft.
Average 1 Bed Area Units: Sq. Ft.
Sq. Ft.
Total Building Area: 1
Gross Scheduled Income: $40,080
Gross Income: $40,080
# Of Leased Units: 3
# Of Separate Water Meters: 1
# Of Separate Gas Meters: 3
# Of Separate Electric Meters: 3
# Of Buildings: 1
Exterior
Exterior Features
Pool Features: None
Lot Information
Elevation Units: Feet
Lot Size Source: Assessor's Data
Lot Features: Lot Shape-Irregular
Property Information
Total # of Units: 3
Common Walls: 1 common wall
Parcel Number: 093062018000
Attached Property
Total # of Stories: 1
Year Built Source: Public Records
Property ADU: No
Financial
Lease / Rental Details
Operating Expense: $6,077
Tenant Pays: Electricity, Gas
Total Actual Rent: $40,080
Utilities
Utilities Information
Sewer: Public Sewer
Water Source: District/Public
Location
Neighborhood Information
Community Features: Street Lighting
Location Information
Latitude: 36.34028200
Longitude: -119.30734100
Directions: From the intersection of Demaree St and Mineral King Ave, go North on Demaree , East on Houston Ave, South on Rinaldi St, property entrance is from Rinaldi there is a private driveway to the property, located behind a brown house at 1110 N. Rinaldi.
Zoning: R16
Public facts
Beds: 6
Baths: 3.0
Sq. Ft.: 2,496
Stories: 1.0
Lot Size: 0.27 acres
Style: Multi-Family (2-4 Unit)
Year Built: 1973
Year Renovated: —
County: Tulare County
APN: 093062018000
Home facts updated by county records on Aug 3, 2026
Other
Listing Information
IDX Contact Info: tfarhang@aol.com
Days Active in MLS: 11
Continuous Days Active in MLS: 11
Listing Agent Information
List Agent First Name: Teymour
List Agent Last Name: Farhang
Listing Office Information
List Office Name: Berkshire Hathaway HomeServices CA Realty
Selling Agent Information
Buyer Agent First Name: Jose
Buyer Agent Last Name: Orozco
Selling Office Information
Buyer Office Name: Allison James Estates & Homes
Around this home
Schools
Houston Elementary School
Public K-6 • Assigned • 0.2mi
4/10
Green Acres Middle School
Public 6-8 • Assigned • 0.4mi
5/10
Redwood High School
Public 9-12 • Assigned • 0.8mi
9/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
8/10 Heat Factor
7 days above 105° expected this year, 17 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
10/10 Air Factor
40 unhealthy days expected this year, 43 days in 30 years
Provided by First Street
Historical weather
Visalia, CA • 93291
Average low and high temperatures (°F)
60
39
66
44
73
50
76
51
85
57
94
64
95
64
98
66
92
63
81
54
65
46
55
43
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 13.1 hours in
June and 4.6 hours in December, placing it above the
U.S. average for solar exposure.
13.1 hrs
4.6 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$530,000 – $641,000
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