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1506 N Cobb

Porterville, CA 93257

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$1,350,000

16 bd
  |  
8 ba
  |  
6,900 sq ft
  |  
0.57 acre

1506 N Cobb

Porterville, CA 93257

Listed On: 09/07/2026
Status: Active
Listing Number: 654917 (Fresno MLS)

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Contact Info


Presented By:

London Properties, Ltd.
London Properties, Ltd. 559.589.6600 Email Agent
Property Description
Courtesy of Franklin Romine, Equity Group - [email protected]

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 Type
Multi Family
Property Subtype 1
5 to 15 Units
Year Built
1975
Region
Urban
Stories
One
Total Buildings
2
Total Units
8
Price Per Square Foot
$196
Price Per Acre
$2,383,475
Days On London
0
Cumulative Days On London
0
County
Tulare
REO / Bank Owned
No
Cross Street Address
Pioneer
Directions
North of Pioneer
Special Disclosures
Smoke Detectors Req., Call Agent, Agent/Owner Related
Heat / Cool
Central Heat/Cool
Roofing
Composition
Foundation
Concrete Perimeter
Disabled Features
One Level Floor
Fireplace
None
Exterior
Stucco
Gas & Electric
Public Utilities, Natural Gas
Sewer / Water
Public Water, Septic Tank
Are there garage spaces?
No
Additional Parking
Carport
APN
246 250 013
School District
Porterville Schools
School Type 1
High School
School Name 1
Monache
School Type 2
Junior High School
School Name 2
Sequoia
School Type 3
Grade School
School Name 3
Westfield
Tenant Pays
Electricity, Gas
Income Includes
Unit Rent
Annual Income
139800.00
Annual Expense
29716.00
Expenses Include
Maintenance/Repair, Water, Sewer, Taxes
Sources of Inc / Exp
Owner, Projected
Net Income
107288.00


Last modified 1 hour ago
Fresno MLS last checked for updates 41 minutes ago

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.

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