NOT LISTED FOR SALE
42 Beds
26 Baths
20,236 Sq Ft
0.72 Acres

Last Sold April 28, 2022

Last sale price $2,761,500 $136 Per Sq Ft

10 Days on Market

Highlights

  • 0.72 Acre Lot
  • Central Air
  • Wood Siding
  • Corner Lot

About This Home

As of April 2022

Presenting Cornerstone Apartments a 22- unit Investment property located in Fresno. The spacious 22 units compose of: (4) Three bedroom-two bath, (12) Two bedroom-one bath and (6) One bedroom-one Bath. 8 of the 22 units have been renovated. This is a perfect opportunity to add value to your portfolio with its spacious floor plans and excellent unit mix. Swimming pool in the courtyard. Lundry room and office space on site. Unit J is currently vacant and being renovated and will be rented out at market rent (anticipated rent $1,100). All offers are subject to walk through inspection.

Last Listed By

Paul Gestic

Fresno Income Properties License #01376488 Listed on: 03/08/2022

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1966

Lot Details

  • 0.72 Acre Lot
  • Corner Lot

Parking

  • Carport

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 20,236 Sq Ft Home
  • 2-Story Property
  • Second Stove

Bedrooms and Bathrooms

  • 42 Bedrooms
  • 26 Bathrooms

Utilities

  • Central Air

Community Details

  • 22 Units
  • Gross Income $203,493

Listing and Financial Details

  • Tenant pays for electricity, gas

Property Details

Home Type

Multi-Family

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Type: Multi Family
  • Property Sub Type: 16 Units & More
  • Price Per Square Foot: 136.46
  • Year Built Exception: 0
  • Stories: Two
  • Special Features: None
  • Year Built: 1966

Interior Features

  • Fireplace: None
  • Refrigerator: More than One Unit
  • Stove: More than One unit
  • Bathrooms: 26.00
  • Bedrooms: 42
  • Facilities: Utility Room
  • Square Footage: 20236.00

Exterior Features

  • Roofing: Composition
  • Exterior: Wood, Brick
  • Foundation: Both

Garage/Parking

  • Additional Parking: Carport

Utilities

  • Gas And Electric: Public Utilities
  • Sewer/Water: Public Water, Public Sewer
  • Heat/Cool: Central Heat/Cool

Condo/Co-op/Association

  • Association: Fresno MLS

Association/Amenities

  • Site Amenities: Corner

Lot Info

  • Acres: 0.7212
  • Lot Measurement: Square Feet
  • Lot Size Sq Ft: 31416.00
  • Price Per Acre: 3829034.94

Building Info

  • Year Built: 1966

Rental Info

  • TenantPays: Electricity, Gas

Multi Family

  • Annual Income: 203493.00
  • IncomeIncludes: Unit Rent, Laundry, Month to Month, Lease, Both
  • Total Units: 22

MLS Schools

  • School District 2: Fresno Unified

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2022 04/28/22 Sold $2,761,500 +0.4% $136 / Sq Ft
03/18/2022 03/18/22 Pending -- -- --
03/08/2022 03/08/22 For Sale $2,750,000 -- $136 / Sq Ft
Source: Fresno MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Fresno MLS

MLS Number: 574125

Fresno MLS