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Coalinga, CA High Cap Rate Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Coalinga, California Market population: 17K. Compare commercial properties across all major asset classes with...

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Strategic Oakland Investment: 5476 Vicente Way in High-Demand 94609 Zip Code

$1,200,000
Oakland Multifamily

Discover a compelling real estate investment in the vibrant city of Oakland, California. This property at 5476 Vicente W...

Cap Rate 2.70%
NOI $32,400
Size 1,800 SF

📊 Average Cap Rate For Coalinga CA Properties: 6.68%

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High-Cap-Rate Value-Add Multifamily Investment in Oakland

$2,299,999
Oakland Multifamily

Discover a compelling value-add opportunity in Oakland’s vibrant real estate market. This six-unit multifamily propert...

Cap Rate 7.97%
NOI $183,323
Size 6,104 SF

Investor Questions For Coalinga CA

Common questions from investors exploring commercial real estate in Coalinga CA.

What's the overall investment potential of Coalinga, CA, considering its demographics and economy? +
Coalinga's diverse population, with top ethnicities including Hispanic (31.2%), White (28.2%), and White Non-Hispanic (16.6%), combined with a median household income of $46,500 and a poverty rate of 21.4%, suggests a market with a mix of working-class and middle-class residents. The city's relatively high foreign born rate of 25.8% and a strong employment presence in Public Administration, Finance & Insurance, and Real Estate & Rental & Leasing indicate a stable economic foundation. Additionally, the average commute time of 19.1 minutes and high health insurance coverage rate of 89.9% contribute to an attractive quality of life for residents.
How does the local housing market in Coalinga, CA, look for real estate investors? +
The median property value of $149,600 and median property taxes of $2,505 in Coalinga suggest an affordable housing market for investors. With a homeownership rate of 54.0%, there's a notable rental market, potentially driven by the city's top industries, including Public Administration and Finance & Insurance. The poverty rate of 21.4% and health insurance coverage rate of 89.9% also imply a working-class demographic that may prioritize affordable housing options, making it an interesting market for investors looking to provide quality, affordable rentals.
What are the key factors influencing market demand in Coalinga, CA? +
Coalinga's market demand is likely influenced by its diverse population, with Hispanic, White, and White Non-Hispanic communities, and a significant foreign-born population of 25.8%. The presence of top industries like Public Administration, Finance & Insurance, and Wholesale Trade suggests a stable job market, which can drive housing demand. Furthermore, the city's average commute time of 19.1 minutes, primarily driven by driving alone, carpooling, or working from home, indicates a convenient lifestyle that could attract more residents and thus influence market demand positively.
How does the quality of life in Coalinga, CA, impact its attractiveness to real estate investors? +
The quality of life in Coalinga, marked by an average commute time of 19.1 minutes and a high health insurance coverage rate of 89.9%, suggests a city with good infrastructure and access to healthcare. This, combined with a median age of 32.4 and a diverse ethnic makeup, including Hispanic (31.2%) and White (28.2%) populations, could make Coalinga an attractive location for families and working professionals. The GINI coefficient of 0.448 indicates a moderate level of income inequality, which investors should consider when assessing the local market's stability and potential for growth.
What insights can be gleaned from Coalinga's economic and demographic data for real estate investment strategies? +
Coalinga's economic data, including a median household income of $46,500 and an employed population of 6,141, suggests a working-class market with potential for stable rentals. The poverty rate of 21.4% and the high health insurance coverage rate of 89.9% imply that residents may prioritize affordable, quality housing. Investors should consider the top industries, such as Public Administration and Finance & Insurance, which could drive demand for housing. Additionally, the city's ethnic diversity and moderate income inequality, as indicated by the GINI coefficient of 0.448, should be factored into investment strategies to cater to a broad demographic range.

Coalinga CA Real Estate & City Facts

Key facts and real estate information about Coalinga CA.

What are some of the best neighborhoods to live in Coalinga? +
Some of the best neighborhoods to live in Coalinga include Posa Chanet, which is known for being peaceful and well-maintained. Additionally, the city has a charming small-town feel, with a strong sense of community. However, it's worth noting that Coalinga is a relatively small town, and the options for neighborhoods may be limited.
What are some fun things to do in Coalinga? +
There are several fun things to do in Coalinga, including visiting the R.C. Baker Memorial Museum, exploring the nearby Pinnacles National Park, and enjoying the local parks such as Olsen Park and Centennial Park. You can also visit the Harris Ranch, which offers a range of activities and amenities. Additionally, the city hosts various events and festivals throughout the year, which can be a great way to experience the local culture.
What is the food scene like in Coalinga? +
The food scene in Coalinga is diverse and offers a range of options, including Mexican cuisine at restaurants like El Charro and Taqueria Los Michoacanos, as well as American cuisine at places like Harris Ranch Inn & Restaurant. There are also plenty of great food trucks and casual eateries to choose from. However, it's worth noting that the options may be limited compared to larger cities, and some residents may need to travel to nearby towns for more variety.
What are the pros and cons of living in Coalinga? +
Some pros of living in Coalinga include the city's small-town charm, low cost of living, and strong sense of community. However, some cons include the limited job opportunities, limited entertainment options, and the fact that the city can be quite remote. Additionally, the city's economy has faced challenges in the past, which can impact the quality of life for residents. Overall, Coalinga can be a great place to live for those who value a quiet, rural lifestyle and are willing to make some trade-offs.
Is Coalinga a good place to live? +
Whether or not Coalinga is a good place to live depends on your individual preferences and priorities. If you're looking for a quiet, rural lifestyle with a strong sense of community, Coalinga may be a great fit. However, if you're looking for a more urban lifestyle with plenty of job opportunities and entertainment options, you may want to consider other cities. Ultimately, Coalinga can be a great place to live for those who are willing to make some trade-offs and value the unique charms of a small town.
⭐ Featured

Prime Oakland Multifamily Investment: 6-Unit Apartment Building with 7.97% Cap Rate in Temescal

$2,299,999
Oakland Apartment Building

Presenting a high-yield investment opportunity at 5476 Vicente Way in Oakland's sought-after Temescal neighborhood. This...

Cap Rate 7.97%
NOI $183,300
Size 0 SF

📊 Avg Property Tax Rate For Coalinga CA Properties: 1.2300%

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Prime Oakland Multifamily Investment: 6-Unit Property with 7.97% Cap Rate in Temescal

$2,299,999
Oakland Multifamily

Discover a compelling investment opportunity at 5476 Vicente Way in Oakland's vibrant Temescal neighborhood. This well-m...

Cap Rate 7.97%
NOI $183,324
Size 0 SF
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Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA

$1,750,000
San Fernando Multifamily

Presenting a compelling value-add opportunity in the heart of San Fernando, California, this 8-unit multifamily property...

Cap Rate 6.66%
NOI $116,550
Size 5,040 SF

📊 Average Income For Coalinga CA Commercial Property: $46,500

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Prime Valley Village Multifamily: 48-Unit Modern Apartment Complex with 3.39% Cap Rate

$30,000,000
Valley Village Multifamily

Discover a prime multifamily investment opportunity in the desirable Valley Village neighborhood of Los Angeles County....

Cap Rate 3.39%
NOI $1,017,000
Size 52,393 SF
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Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate

$1,275,000
San Fernando Multifamily

Discover a compelling multifamily investment in the heart of San Fernando, California. This 5-unit apartment property, p...

Cap Rate 7.76%
NOI $98,945
Size 10,888 SF
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Prime 15-Unit Multifamily Investment in Heart of San Francisco

$4,895,000
San Francisco Multifamily

Discover a prime multifamily investment in the heart of San Francisco's vibrant 94103 zip code. This 15-unit mid-rise pr...

Cap Rate %
NOI $0
Size 8,225 SF
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7-Unit Multifamily Value-Add Opportunity in Long Beach with 7% Cap Rate

$2,100,000
Long Beach Multifamily

Discover a compelling value-add opportunity in the heart of Long Beach, California. This 7-unit multifamily property, lo...

Cap Rate 7.00%
NOI $144,960
Size 6,074 SF
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Prime Arcata Multifamily Value-Add: 126-Unit Garden Apartment with 8.67% Cap Rate

$12,750,000
Arcata Multifamily

Presenting a compelling value-add investment in the vibrant city of Arcata, California. This 126-unit garden-style apart...

Cap Rate 8.67%
NOI $99,999
Size 87,484 SF
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