Property Description
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.
Get a detailed valuation report, schedule a tour or make an offer!
“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
TurboHome Fair Market Estimate
TurboHome Savings
-$1,128
TurboHome Estimated Value
$337,400
$296 sqft
High Valuation
$354,270
$311/sqft
Normal Valuation
$337,400
$296/sqft
Low Valuation
$320,530
$281/sqft
3rd Party Estimates
Source | $/sqft | Valuation |
---|---|---|
HouseCanary | $296/sqft | $337,400 |
Get a detailed valuation report, schedule a tour or make an offer!
“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
Neighborhood
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Comparative Value
$286K
$315K
$460K
$750K
1516 Stillman St, Selma, CA 93662
Sale Price: $285,500
Selected Comparable
1441 Tucker St, Selma, CA 93662
Sale Price: $315,000
Selected Comparable
2528 C St, Selma, CA 93662
Sale Price: $316,500
Selected Comparable
8536 E Nebraska Ave, Selma, CA 93662
Sale Price: $460,000
Selected Comparable
1803 Mitchell Ave, Selma, CA 93662
List Price: $750,000
Subject Property
Neighborhood Comps
Subject Property
SUBJECT1803 Mitchell Ave, Selma, CA 93662
List: $750,000
Listed: 6/26/2025
Area:1,140 sqft
Price/sqft:$658
Beds:2
Baths:1
Year Built:—
Lot Size:79,715
Comparable Properties
COMPARABLEChoose comps
8536 E Nebraska Ave, Selma, CA 93662
Sale: $460,000
8/20/2024 • 0.74 mi
Area:1,080 sqft
Price/sqft:$426
Beds:2
Baths:1
Year Built:—
Weight:31.6%
1441 Tucker St, Selma, CA 93662
Sale: $315,000
7/3/2025 • 1.01 mi
Area:1,104 sqft
Price/sqft:$285
Beds:3
Baths:2
Year Built:—
Weight:25.2%
1516 Stillman St, Selma, CA 93662
Sale: $285,500
11/13/2024 • 1.43 mi
Area:960 sqft
Price/sqft:$297
Beds:3
Baths:1
Year Built:—
Weight:22.1%
2528 C St, Selma, CA 93662
Sale: $316,500
8/28/2024 • 1.31 mi
Area:1,122 sqft
Price/sqft:$282
Beds:3
Baths:2
Year Built:—
Weight:21.1%
Subject Property
SUBJECTImage | Address | List Price | sqft | Price/sqft | Lot Size | Distance | List Date | Beds | Baths | Year Built | Weight |
---|---|---|---|---|---|---|---|---|---|---|---|
1803 Mitchell Ave, Selma, CA 93662 | $750,000 | 1,140 | $658 | 79,715 | — | 6/26/2025 | 2 | 1 | — | — |
Comparable Properties
COMPARABLEChoose comps
Image | Address | Sale Price | sqft | Price/sqft | Lot Size | Distance | Sale Date | Beds | Baths | Year Built | Weight |
---|---|---|---|---|---|---|---|---|---|---|---|
8536 E Nebraska Ave, Selma, CA 93662 | $460,000 | 1,080 | $426 | 179,903 | 0.74 mi | 8/20/2024 | 2 | 1 | — | 31.6% | |
1441 Tucker St, Selma, CA 93662 | $315,000 | 1,104 | $285 | 7,200 | 1.01 mi | 7/3/2025 | 3 | 2 | — | 25.2% | |
1516 Stillman St, Selma, CA 93662 | $285,500 | 960 | $297 | 7,200 | 1.43 mi | 11/13/2024 | 3 | 1 | — | 22.1% | |
2528 C St, Selma, CA 93662 | $316,500 | 1,122 | $282 | 7,200 | 1.31 mi | 8/28/2024 | 3 | 2 | — | 21.1% |
Nearby Listings
No similar properties found in the area
Looking for properties within 5 miles with similar price and features
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