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Listed by: Allen Mendrin (714) 660-3995 DRE #02035462 | Gatehouse Properties (714) 743-9882
$1,200,000
Monthly Est:$5,973
7 Beds
4 Baths
4,000sqft
549 S Del Norte, Kerman, CA 93630
$1,200,000
$5,973/moEst:
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Quadruplex
Built in 1950
$-- HOA
16,500 sqft lot
$300/sq.ft
Description
Fantastic investment opportunity in Kerman, CA featuring 4 separate units on one single APN! This well-maintained multi-family property offers strong, immediate rental income with exceptional potential. Consisting of four spacious units, each residence comes complete with its own private garage (except for unit 567) and dedicated carport for maximum tenant convenience.
Unit Breakdown & Updates:
549 Del Norte: Generous 2 BD / 1 BA unit (1,140 SF) fully updated 2 years ago featuring a completely remodeled kitchen with new cabinets, granite countertops, and stainless steel sink. Updated bathroom boasts a custom walk-in shower and double vanity. Finished with classic vinyl hardwood flooring throughout and new vinyl in the kitchen and indoor laundry room. Currently rented at $1,050/mo.
575 Del Norte: Spacious 1 BD / 1 BA unit (1,060 SF) remodeled 1 year ago with a brand-new kitchen including new cabinetry, granite counters, and stainless steel sink. Features a private exterior porch off the kitchen door and durable new vinyl flooring throughout. Currently rented at $875/mo.
567 & 557 Del Norte: Two identical 2 BD / 1 BA units (900 SF each) built in 2012, featuring functional tile flooring in main living areas and cozy carpeting in the bedrooms. Equipped with indoor fire sprinkler systems for safety and modern code compliance. Each rented at $1,000/mo ($2,000/mo combined).
Financial Highlights:
Gross Annual Income: $43,825
2025 Operating Expenses: $9,207
Insurance: $4,424 | Property Tax: $2,928
With updated interiors, strong historical cash flow, low-maintenance 2012 construction on select units, and private covered parking for all tenants, this 4-unit property on one lot makes an exceptional addition to any savvy investor's portfolio. All units have gas, AC and yard access! Conveniently located near local Kerman amenities, schools, and main transit routes! Buyer to review and satisfy themselves regarding square footage, property details, and all aspects of the property.
- Houzeo last checked: 29 minutes ago
- Listing updated: October 21, 2026 at 1:12 pm
- Source: California Regional MLS-CA | MLS#: OC26218166
Property Details
Status
Active
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
--
Year Built
1950
HOA Fees
-
Finished Area
4,000 sqft
Lot Size
16,500 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
OC26218166
MLS Status
Active
Days on Market
16
Cumulative Days on Market
1
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 7
Bathrooms: 4
Interior
Window Features
Double Pane Windows
Heating
Central
Appliances
Indoor Grill, Microwave, Water Heater
Sewer
Public Sewer
Cooling
Central Air
Exterior Features
Lighting
Flooring
Carpet, Laminate, Tile, Vinyl
Interior Features
Granite Counters, Storage, All Bedrooms Down, Bedroom On Main Level, Main Level Primary, Walk In Closets
Construction
Year Built
Year Built: 1950
Home type
Quadruplex
Foundation Details
Slab
Construction Materials
Drywall, Stucco
Roof
Shingle
Utilities & Energy
Parking Features
Carport, Garage, Off Street
Electric
Standard
Pool Features
None
Water Source
Public
Laundry Features
Inside
Utilities
Cable Available, Electricity Available, Electricity Connected, Phone Available, Phone Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
Security Features
Carbon Monoxide Detectors, Fire Detection System, Fire Sprinkler System, Smoke Detectors
Other Features
Lot Features
Two To Five Units Acre
Tenant Pays
All Utilities, Sewer, Trash Collection, Water
Community Features
Curbs, Sidewalks
Price History
| Date | Event | Price |
|---|---|---|
10/20/2026 Source: | Listed for Sale | $1,200,000 $300/sqft |
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Based on information from California Regional Multiple Listing Service, Inc. as of Nov 05, 2026, 12:45PM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
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