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1803 Mitchell Ave, Selma, CA 93662

List Price: $750,000On Market FlagOn market
Jun 26, 20251,140 sqft2 beds1 baths
Listed by: Kyle Wilkins
License #: 01766038
Phone #: 559-298-0180
Universal Lending and Realty, Inc.
Source:
CRMLS Logo
MLS #: FR25144213

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.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“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

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$/sqftValuation
HouseCanary$296/sqft$337,400

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

SUBJECT
1803 Mitchell Ave, Selma, CA 93662

1803 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

COMPARABLE
Choose comps
8536 E Nebraska Ave, Selma, CA 93662

8536 E Nebraska Ave, Selma, CA 93662

Sale: $460,000

8/20/20240.74 mi

Area:1,080 sqft
Price/sqft:$426
Beds:2
Baths:1
Year Built:
Weight:31.6%
1441 Tucker St, Selma, CA 93662

1441 Tucker St, Selma, CA 93662

Sale: $315,000

7/3/20251.01 mi

Area:1,104 sqft
Price/sqft:$285
Beds:3
Baths:2
Year Built:
Weight:25.2%
1516 Stillman St, Selma, CA 93662

1516 Stillman St, Selma, CA 93662

Sale: $285,500

11/13/20241.43 mi

Area:960 sqft
Price/sqft:$297
Beds:3
Baths:1
Year Built:
Weight:22.1%
2528 C St, Selma, CA 93662

2528 C St, Selma, CA 93662

Sale: $316,500

8/28/20241.31 mi

Area:1,122 sqft
Price/sqft:$282
Beds:3
Baths:2
Year Built:
Weight:21.1%

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