Southside Assembly of God of Porterville | 958 S Prospect St
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Southside Assembly of God of Porterville 958 S Prospect St
4,272 SF Flex Building Porterville, CA 93257 $429,900 ($101/SF)
Investment Highlights
- 32,558 sqw. ft lot with 3 separate buildings
- . Currently vacant church and rental income from house. There are 2 APN numbers, house and church must be sold together.Other potential uses would req
Executive Summary
New reduced price! Nearly one acre of land to develop for an infill project, or a great opportunity for a church organization looking for existing buildings and nearly an acre of land. Church property with main building, fellowship hall, and house. Main building has auditorium of approximate capacity of 100 persons, 6 rooms used for classrooms and office. Separate building used for fellowship hall with a kitchen. House has separate APN number and currently generates rental income of $1450 monthly. The church building and community hall is valued at $3500-$4500 in monthly rent by the current property management company.
Financial Summary (Actual - 2022) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$15,917
|
$3.73
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$15,917
|
$3.73
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$7,702
|
$1.80
|
| Net Operating Income |
$8,215
|
$1.92
|
Financial Summary (Actual - 2022)
| Gross Rental Income | |
|---|---|
| Annual | $15,917 |
| Annual Per SF | $3.73 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $15,917 |
| Annual Per SF | $3.73 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $7,702 |
| Annual Per SF | $1.80 |
| Net Operating Income | |
|---|---|
| Annual | $8,215 |
| Annual Per SF | $1.92 |
Property Facts
Amenities
- 24 Hour Access
Utilities
- Lighting - Fluorescent
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
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PROPERTY TAXES
| Parcel Number | 268-051-020-000 | Improvements Assessment | $73,301 (2024) |
| Land Assessment | $12,006 (2024) | Total Assessment | $85,307 (2024) |
PROPERTY TAXES
Parcel Number
268-051-020-000
Land Assessment
$12,006 (2024)
Improvements Assessment
$73,301 (2024)
Total Assessment
$85,307 (2024)
zoning
| Zoning Code | SFR-CU (House is Single Family Residence with separate APN #. Church buildings have a conditional use permit.) |
| SFR-CU (House is Single Family Residence with separate APN #. Church buildings have a conditional use permit.) |
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Southside Assembly of God of Porterville | 958 S Prospect St
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