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Key Details
Sold Price $2,700,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 7,700 sqft
Price per Sqft $350
MLS Listing ID 241299
Sold Date 06/29/26
Bedrooms 11
Year Built 2005
Lot Size 10.840 Acres
Property Sub-Type Multi Family
Property Description
Seven short-term rentals situated on 10.86 acres in Three Rivers, California, along the primary access route to Sequoia National Park, which attracts over 2 million visitors annually. The location benefits from consistent, year-round tourism demand. The asset is fully operational and generating strong in-place income. All seven units are active on a major booking platform, with established listing history, guest reviews, and proven operating systems. The sale includes furnishings, allowing for immediate operational continuity with no startup period. Currently, two units are configured for four guests and five units for two guests, presenting a clear opportunity to increase revenue through occupancy optimization (units currently hosting 2 guests can easily accommodate 4 guests), pricing strategy adjustments, or repositioning. Expanding distribution across additional booking platforms may further enhance visibility and overall performance. The property features a Spanish-style triplex and four detached homes, thoughtfully arranged to provide privacy between guests. The layout supports efficient operations, including centralized management, streamlined housekeeping, and cohesive branding across the portfolio. Its location, set apart from dense residential areas, supports a unique guest-focused environment. Infrastructure includes two wells, two gravity-fed water storage tanks, underground power distribution, and a private road servicing all units. A graded portion of the property may offer potential for future expansion—such as an additional unit or enhanced guest amenities—subject to buyer plans and applicable approvals. At the $2,900,000 list price, the offering equates to approximately $414,000 per unit across a contiguous 10.86-acre parcel, with income in place from day one. This is a rare opportunity to acquire a stabilized, income-producing asset with operational scale and upside potential in a high-traffic tourism corridor.
Location
State CA
County Tulare
Interior
Interior Features Breakfast Bar, Ceiling Fan(s), Stone Counters
Heating Central, Fireplace(s), Gravity, Propane, Wood Stove
Cooling Ceiling Fan(s), Central Air
Flooring Vinyl, Wood
Fireplaces Type Wood Burning, Wood Burning Stove
Laundry Inside, Laundry Room
Exterior
Parking Features Carport
Utilities Available Cable Connected, Electricity Connected, Propane, Sewer Connected, Water Connected
View Y/N Y
View Creek/Stream, Forest, Mountain(s), Rural, Trees/Woods
Roof Type Tile
Building
Lot Description Treed Lot, Rock Outcropping, Secluded
Story 1
Foundation Slab
Sewer Engineered Septic
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Bought with Lis Mazza Mazza Rosales
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