320 B
About This Property
All three units are currently rented. The property is occupied by reliable, long-term tenants on existing one-year leases with a history of paying rent on time.
One of the property's most attractive features is its flexibility. The spacious front unit features 3 bedrooms, 1.5 bathrooms, and an attached 2-car garage, making it an excellent option for an owner who wants to live on-site while generating from the two rear units.
EXTENSIVELY RENOVATED REAR UNITS
The two rear units underwent extensive renovations approximately two years ago and have been exceptionally well maintained. Improvements included:
New interior doors and trim
New cabinetry with granite countertops
New electrical fixtures
New appliances
New flooring throughout
New interior paint
New plumbing fixtures
New HVAC system in the downstairs unit
The renovations give the rear units a modern, nearly new interior appearance without the expense and uncertainty of purchasing a property requiring major improvements.
PROPERTY FEATURES
The property has been professionally maintained and includes automatic landscape sprinklers along with covered, lighted rear parking for added convenience and security.
With three producing units, long-term tenants, substantial recent renovations, and the possibility of owner occupancy, 320 B Street represents a rare multifamily investment opportunity in Lemoore.
Occupancy: Fully occupied with existing leases
Whether purchased as a turnkey or as an owner-occupied property with two additional streams, 320 B Street offers an attractive , flexibility
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 8, 2026 | Listed by California LWF INC | $800,000 | |
| Listed by California LWF INC | |||
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| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
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Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017