- – beds
- – baths
- – sqft
- ~2 acre lot
- 1940 build
- – on site
Investor Goldmine: 3 Homes on 2.1 Acres with Multi-Strategy Potential Calling all investors this rare 2.1-acre parcel features three income-producing homes and offers multiple avenues to maximize ROI: monthly rental, rezoning opportunity, or long-term development. ?? Property Overview (2 APNs, sold as one): 1803 Mitchell Ave (southernmost): Cozy 2?bd/1?ba rental generating $1,200/mo. 1815 Mitchell Ave: Classic gem on its own parcel (APN?390-020-63) with central HVAC, original hardwood floors, and vibrant tile countertops. Includes 3 detached outbuildingsideal for workshop space or ancillary income. 1845 Mitchell Ave (northernmost): Spacious 3?bd/1?ba home featuring indoor laundry, expansive living area, fenced yard, 3-car garage, and a metal storage shed. Plusthis house sits adjacent to open ground (included in the acreage) ready for build-out. ?? Why This Property Stands Out: Cashflow from Day One: Rent all three homes while pursuing rezoning or development. Development-Ready: Neighboring parcel recently subdivided into single-family lotssets a strong precedent. Versatility: Ideal for investors specializing in long-term rentals, fix-and-flips, or multifamily development. ?? Highlights & ROI Drivers: Immediate rental income across all units Flexible strategies: hold, convert, or redevelop Existing Homes can be cleaned up & rented out fast All 3 house on city water. All 3 houses on septic tanks. City sewer at street, buyer to verify the cost & process to connect.
Last checked:
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Last updated Jun 27, 2025
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MLS# FR25144213 —
The Building
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Year Built:1940
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Year Built Source:Public Records
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New Construction:No
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Building Area Total:1175.00
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Building Area Units:Square Feet
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Total Number Of Units:3
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# of Buildings:3
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Stories Total:1
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Entry Level:1
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Common Walls:No Common Walls
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# of Separate Gas Meters:3
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# of Separate Water Meters:3
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# of Separate Electric Meters:3
Interior
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Levels:One
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Entry Location:1
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Fireplace:No
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Fireplace:None
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Laundry:Inside
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Laundry:1
Location
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Directions:From Highland & Nebraska: Go east on Nebraska Ave, south on Mitchell Ave. Homes will be on the west side of street. 1845, 1815, 1803 Mitchell Ave
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Latitude:36.55870500
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Longitude:-119.62476600
The Property
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Property Type:Residential Income
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Subtype:Triplex
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Lot Features:2-5 Units/Acre
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Lot Size Area:79715.0000
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Lot Size Acres:1.8300
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Lot Size SqFt:79715.00
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Lot Size Source:Assessor
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Census Tract:71.01
The Listing
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Special Listing Conditions:Standard
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Parcel Number:39002066
Heating & Cooling
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Heating:1
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Heating:Central
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Cooling:Yes
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Cooling:Central Air, Evaporative Cooling
Utilities
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Sewer:Private Sewer
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Water Source:Public
The Community
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Features:Rural, Valley
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Pool:None
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Senior Community:No
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Private Pool:No
Parking
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Parking Spaces:5.00
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Garage Spaces:5.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
6/26/25
Jun 26, 2025
|
Listed / Active | CRMLS_CA | $750,000 |