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5000 Kiernan Ave, Salida, CA, 95368

8beds
4baths
2,700sqft
$819,000
$303price/sqft
$5,410/moest. monthly cost
$216,400/yrincome needed

About This Home

Welcome to 5000 Kiernan Avenue, a well-located fourplex offering immediate income with significant rental upside. This professionally managed property has been well maintained, making it an ideal turnkey investment for both seasoned and first-time multifamily investors. Each unit benefits from strong tenant demand driven by the property's convenient proximity to Highway 99, providing easy access to major employment centers, shopping, and surrounding communities. The current management structure allows for a seamless transition while still offering investors the opportunity to increase rents over time through market adjustments and operational efficiencies. Situated in the growing Salida market, this fourplex combines stability, upside potential, and an excellent locationmaking it a compelling addition to any investment portfolio. Property has new roof within the last month and clear section 1 pest.

Getting Around

65
WalkingSomewhat Walkable
0
TransitVery Limited Transit
46
BikeSomewhat Bikeable

Schools

7/10
Salida Elementary SchoolGrades K-50.4 mi
7/10

Construction

Condition

  • Year built: 1964

Materials

  • Construction materials: Stucco,Wood

Type & Style

  • Home type: MultiFamily
  • Property subType: Quadruplex

Interior

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 4
  • Full bathrooms: 4

Features

  • Flooring: Tile,Vinyl

Heating & Cooling

  • Heating features: Wall Furnace
  • Cooling features: Ceiling Fan(s),Central Air,Wall Unit(s),Window Unit(s)

Interior Area

  • Total interior livable area: 2,700 sqft

Property

Details

  • Zoning description: R2
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 0.38 Acres

Parking

  • Parking features: Attached,Carport,Detached
  • Carport: Yes