NOT LISTED FOR SALE

116 N Yosemite Ave Fresno, CA 93701

Lowell Neighborhood
8 Beds
8 Baths
4,232 Sq Ft
0.26 Acres

Last Sold October 06, 2023

Last sale price $950,000 $224 Per Sq Ft

15 Days on Market

About This Home

As of October 2023

116 N Yosemite is an 8 unit multi-family building that has been very well maintained and improved by the current owner. It is ideally located in Downtown Fresno and is well positioned with tremendous upside potential. Each unit has an identical layout consisting of 1 bedroom and 1 bathroom each. Each unit is approximately 529 square feet. 3 units have been renovated very well and receive higher rents than the others providing great value add potential once all units have been renovated. Recent improvements include 4 new HVAC units and a brand new roof. The gated parking lot in back features 12 parking stalls, 8 covered and 4 uncovered. This property also features a laundry room in back that can provide additional income when functional. Contact your agent or the listing agent for recent financials or additional questions. Unit Rents: 101: $719 102: $1117 (renovated) 103: $719 104: Vacant 201: $719 202: Vacant (renovated) 203: $719 204: Vacant (renovated)

Last Agent to Sell the Property

Jeff Zimmerman

Realty Concepts, Ltd. - Fresno License #02039326 Listed on: 08/22/2023

Realty Concepts, Ltd. - Fresno

Last Buyer's Agent

Jeff Zimmerman

Realty Concepts, Ltd. - Fresno License #02039326 Listed on: 08/22/2023

Realty Concepts, Ltd. - Fresno

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1980

Lot Details

  • 0.26

Home Design

  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,232 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Parking

  • Carport
  • Uncovered Parking

Additional Features

  • 0.26 Acre Lot
  • Central Air

Community Details

  • 8 Units
  • Gross Income $67,598

Listing and Financial Details

  • Tenant pays for electricity, gas, cable TV

Property Details

Home Type

Multi-Family

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Type: Multi Family
  • Property Sub Type: 5 to 15 Units
  • Price Per Square Foot: 224.48
  • Year Built Exception: 0
  • Stories: Two
  • Special Features: None
  • Year Built: 1980

Interior Features

  • Fireplace: None
  • Refrigerator: All Units
  • Stove: All units
  • Bathrooms: 8.00
  • Bedrooms: 8
  • Square Footage: 4232.00

Exterior Features

  • Roofing: Composition
  • Exterior: Wood
  • Foundation: Concrete Perimeter

Garage/Parking

  • Additional Parking: Carport, Covered, Uncovered, More than One Space

Utilities

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

Condo/Co-op/Association

  • Association: Fresno MLS

Lot Info

  • Acres: 0.2617
  • Lot Measurement: Square Feet
  • Lot Size Sq Ft: 11400.00
  • Price Per Acre: 3630110.81

Building Info

  • Year Built: 1980

Rental Info

  • TenantPays: Electricity, Gas, Cable TV

Multi Family

  • Annual Income: 67598.00
  • IncomeIncludes: Unit Rent
  • Total Units: 8

MLS Schools

  • School District 2: Fresno Unified

Range of Values:

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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
10/06/2023 10/06/23 Sold $950,000 0.0% $224 / Sq Ft
08/22/2023 08/22/23 Pending -- -- --
08/22/2023 08/22/23 Price Changed $950,000 -91.1% $224 / Sq Ft
08/07/2023 08/07/23 For Sale $10,710,152 +1762.6% $2,531 / Sq Ft
03/10/2021 03/10/21 Sold $575,000 0.0% $136 / Sq Ft
11/12/2020 11/12/20 Pending -- -- --
09/01/2020 09/01/20 For Sale $575,000 -- $136 / Sq Ft
Source: Fresno MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jeff Zimmerman

    Seller's Agent in 2023

    Jeff Zimmerman

    Realty Concepts, Ltd. - Fresno

    (559) 250-8333

    7 in this area

    125 Total Sales

    Section Image
  • Derek Feramisco

    Seller's Agent in 2021

    Derek Feramisco

    RC Commercial

    (559) 448-1500

    1 in this area

    21 Total Sales

    Section Image
  • B T

    Seller Co-Listing Agent in 2021

    B T

    Realty Concepts, Ltd. - Clovis

    (559) 260-1059

    1 in this area

    49 Total Sales

    Section Image
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Map

Source: Fresno MLS

MLS Number: 600464

Fresno MLS

California Fresno County Fresno 93701 Lowell

116 N Yosemite Ave, Fresno, CA

This home is located at 116 N Yosemite Ave, Fresno, CA 93701 since 22 August 2023. This property was built in 1980. 116 N Yosemite Ave is a home located in Fresno County with nearby schools including Muir Elementary, Fort Miller Middle School, and Fresno High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Fresno MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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