The median home value in King City, CA is $122,200.
the county median home value of $288,600.
The national median home value is $152,300.
The average price of homes sold in King City, CA is $122,200.
Approximately 43.32% of King City homes are owned,
compared to 50.16% rented, while
6.53% are vacant.
King City real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you see a property you’re interested in, contact a King City real estate agent to arrange a tour today! Learn more about King City Real Estate.
Privacy and Serenity are key features of this well situated Ranch near King City. View building sites with abundant wildflowers and wildlife. Currently there is a 3 year old triple wide on a foundation, shop, Orchard. Good water system featuring 19k Concrete water tank and 12 troughs, 2 wells. 8 parcels, in Williamson Act currently.
Marketing Remarks: Perfect 1031 Tax Deferred Exchange income property. Currently rented as 10 separate units, but with some upgrades will rent as 11 units. Seller has recently done electrical, plumbing, sheetrock and flooring upgrades to several units. Seller says current cap rate with 10 units rented is nearly 8%, but should be closer to 9.4% with the eleventh unit rented. Several units have carports that could possibly be converted to additional attached bedrooms. (Buyer to do their own investigations into future permitting prospects.) Tenant parking in complex and on street. These apartments are near jobs, school, bus stop and places of worship. Seller has long record of occupancy and says rare vacancies are typically full within the month. Please don't disturb the tenants. Seller financing possible.
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