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18264806
18264807

638 W Kern, Dinuba, CA 93618

FR
CA 01367450, CA 01957844
The Equity Group
Listed by The Equity Group
$1,850,000
750 days on market
Updated 29 days ago

638 W Kern

Details
APN 017173005000
Property Type Multifamily
Sub Type Apartment Building
Square Footage 8,000
Net Rentable (SqFt) 8,000
Units 74
Cap Rate 19.46%
NOI $360,000
Pro-Forma Cap Rate 19.46%
Pro-Forma NOI $360,000
Price per SqFt $231
Broker Co-Op Yes
Class B
Year Built 1966
Year Renovated 2000
Buildings 7
Stories 1
Acreage 0.800
Zoning Estimated
Investment Type Owner/User
Ground Lease No
Ownership 100
Sale Condition 1031 exchange

74 Bed H2-A / Supported Housing Compound with Commercial Kitchen / Assisted Living / Storage Yard

Marketing description

Multi-Unit Facility Permitted for 74 Beds Ideal for Supported Housing, Senior Living, Transitional Programs & State-Funded Housing or Farming Operator/Contractor This remodeled (2020) multi-unit facility is currently operating as H-2A workforce housing and is permitted for 74 beds, with the ability to add additional beds through an expanded permit. The property's design, infrastructure, and commercial improvements make it a rare opportunity for operators, agencies, contractors, or investors seeking a high-capacity site with multiple revenue streams. Beyond traditional workforce housing, the layout is ideal for Supported Housing, Senior Living, Transitional Programs, Afghan resettlement, CDSS-funded housing, and rehabilitation or recovery programs. Individual spaces can also be rented separately, offering further flexibility for tenant mix and income potential. A major highlight is the commercial-grade kitchen, complete with a walk-in refrigerator and freezer, capable of preparing and storing more than 1,000 meals per day. This opens the door for a food venue, catering company, community meal service, or any operation requiring high-volume meal preparation. The property also features ample yard space suitable for large contractor equipment storagemaking it an outstanding option for labor contractors, farm operators, or businesses that need secure outdoor staging and storage. The fenced and gated grounds provide excellent privacy and security, while the on-site laundry facility, multiple restrooms and showers, and outdoor dining and staging areas support the needs of large re

Investment highlights

  • Multi-Unit Property that was previously used for H-2A Housing

  • Seller Will Carry, Seller Financing with Approx. $1M Down

  • Currently Permitted for 74 Beds with room for Expansion

  • Ideal property for Supported Housing

  • 6,950sf of permanent building structures on .82 acres

  • Two 20’ sea trains for additional storage

  • 1,000sf shaded outdoor concrete eating area

  • Gravel yard for staging and storing equipment and vehicles

  • City Water and Sewer service

  • Interior and Exteriors have been remodeled, landscaped and fenced

  • Metal roofs, new flooring, light fixtures, rain gutters, video security system

  • APN: 017-173-005-000

  • Centrally located in Dinuba

  • Walking distance to stores and transportation

  • 10 Miles to Kingsburg

  • 30 Miles to Fresno

  • 20 Miles to Visalia

  • 80 Miles to Bakersfield

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Listing Contacts

FR
CA 01367450, CA 01957844
The Equity Group
Listed by The Equity Group

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$360,000.00
$30,000.00/mo

Valuation Metrics

0
DSCR
19.46%
Cap Rate
19.46%
ROI

Map

Zoning

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RM-2 ResidentialMulti FamilyMultifamily Residential One Dwelling Per 2000 Square Feet Of Lot Area
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View all 68 uses
View all 68 uses
Last updated Jun 24, 2026 For deeper zoning details, reports are available at Zoneomics

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Additional Information

Name
Franklin Romine
License
01367450
Brokerage Phone
559-804-4422
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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