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1506 N Cobb

Porterville, CA 93257

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$1,350,000

6,900 sq ft
  |  
0.57 acre

1506 N Cobb

Porterville, CA 93257

Listed On: 09/14/2026
Status: Active
Listing Number: SC26200857 (CRMLS)

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Contact Info

Advertising Agent:

London Properties, Ltd.
London Properties, Ltd. 559.589.6600 Email Agent
Property Description
Listing Agent: Franklin Romine, Equity Group

 Two 4-plexes, one parcel, eight units. New Presidential roofs, dual-pane windows, all new HVAC and ductwork. Four units fully renovated with new kitchens, granite and stainless, tiled baths, new flooring and lighting. Low maintenance landscaping. Separately metered, tenants pay gas and electric. On septic with no monthly city sewer fees, and city sewer connection is available with no city connection fee. Two laundry rooms, carport parking. Market rent proforma $139,800 per year.
Property Sub Type
Apartment
Year Built
1975
Year Built Source
Assessor
Special Listing Conditions
Standard
Stories Total
1
Levels
One
Number Of Buildings
2
Number Of Units Total
8
Entry Level
1
Price Per Square Foot
$196
Price Per Unit
$168,750
Days On London
0
Cumulative Days On London
0
County Or Parish
Tulare
New Construction Y/N
No
Property Attached Y/N
Yes
Rent Control Y/N
No
Cooling Y/N
Yes
Heating Y/N
Yes
Directions
North Cobb
Room Type
Utility Room, All Bedrooms Down
Heating
Natural Gas, Forced Air, Central, ENERGY STAR Qualified Equipment
Cooling
Dual, Electric, Central Air, High Efficiency, ENERGY STAR Qualified Equipment
Laundry Y/N
Yes
Laundry Features
Common Area
Roof
Composition, Shingle
Construction Materials
Stucco
Window Features
Insulated Windows
Foundation Details
Slab
Property Condition
Updated/Remodeled
Appliances Y/N
Yes
Appliances
6 Burner Stove,Disposal,Microwave,Gas Range,Gas Oven
Interior Features
Tile Counters, Granite Counters
Flooring
Tile, Carpet
Common Walls
2+ Common Walls
Pool Features
None
Pool Private Y/N
No
Average Studio Area Units
Square Feet
Average 1 Bed Area Units
Square Feet
Average 2 Bed Area
825
Average 2 Bed Area Units
Square Feet
Average 3 Bed Area Units
Square Feet
Number Of Separate Electric Meters
8
Number Of Separate Gas Meters
8
Utilities
Water Available, Natural Gas Connected, Sewer Available, Natural Gas Available, Electricity Available, Water Connected
Water Source
Public
Sewer
Shared Septic, Private Sewer
Parking Y/N
Yes
Parking Total
8.00
Parking Features
Concrete, Carport, Attached Carport
Carport Spaces
8.00
Lot Features
Front Yard, Back Yard
Lot Size Area
24671.0000
Lot Size Units
Square Feet
Elevation Units
Feet
Common Interest
None
Parcel Number
246250013000
Additional Parcels Y/N
No
Community Features
Suburban
Senior Community Y/N
No
Number Of Units Leased
8
Gross Income
109500.00
Operating Expense
28528.00
Total Actual Rent
9125.00
Land Lease Y/N
No
Assessments
None
Insurance Expense
4596.00
Water Sewer Expense
440.00
Trash Expense
800.00
Gross Scheduled Income
109500.00
Gross Income
109500.00
Total Expenses
28528.00
Net Operating Income
78782.00
Operating Expense
28528.00
Gross Income
109500.00
Net Operating Income
78782.00
Tax Lot
181

The data relating to real estate for sale on this web site comes in part from the Internet Data eXchange (IDX) of the Multiple Listing Service. Real estate listings are marked with the IDX logo and detailed information about them includes the name of the listing broker and the name of the listing agent. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Information herein deemed reliable but not guaranteed, representations are approximate, individual verification recommended.

Copyright © 2026  London Properties, Ltd. All rights reserved.

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