Last Updated: 2/25/2017 8:51 PM
Description for 1024 E Ponderosa Avenue Reedley, CA 93654
Reedley is hot! Great rental area with no vacancies. Close to major shopping and transportation. There are little to no multi-family properties currently available in Reedley. All units are rented with long term tenants (each tenant over 10 years) all units are rented for $640 per month. Each unit is approx 900 sq ft with large living room, spacious kitchens and bedrooms all units have interior washer/dryer hook ups, private one car garage, central HVAC and large patios. Roof is in good condition. The interiors of the units show normal wear and tear future improvements will allow for increased in rents. All tenants are on month to month agreements but want to stay and may sign long term lease agreements. This property is for a seasoned landlord that desires passive income and stability and is not afraid of minor rehab when the time comes. Property is SOLD AS-IS Do not walk property or disturb tenants. Write offers subject to inspection.
Public Water Service
Exterior / Lot Features
4 Garage Spaces,
Current market conditions for 1024 E Ponderosa Avenue
Active Market Trends
Median list price$285,759
Days on market94
Properties for sale56
Sold Market Trends
Median sold price$185,000
Sales to list price9,750.0%
Median sq ft price$129
Arrows indicate 90 day trend
Listing Price History for 1024 E Ponderosa Avenue
Reedley Real Estate
Reedley is located in California. Reedley, California 93654 has a population of 24,304.
The median household income in Reedley, California 93654 is $47,733. The median household income for the surrounding county is $45,741 compared to the national median of $53,046. The median age of people living in Reedley 93654 is 29.7 years.
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