NOT LISTED FOR SALE
18 Beds
12 Baths
4,524 Sq Ft
15,033 Sq Ft Lot

Last Sold December 23, 2020

Last sale price $1,085,000 $240 Per Sq Ft

6 Days on Market

Highlights

  • 0.35 Acre Lot
  • 1-Story Property
  • Central Air

About This Home

As of December 2020

Great Investment Opportunity! Fully occupied 12-plex with no tenant issues and long term leases. Potential for rental growth. Units are in great condition with most including updates such as flooring and appliances. This is a solid rental property located across the street from Madera High School. Nine 2BD/1BTH units and Three 1BD/1BTH units. Laundry on site and large grass common area. Carport spaces for all units. Don't miss out on this Great Investment Opportunity!

Last Agent to Sell the Property

Sarah Wilcox

Realty Concepts, Ltd. - Fresno License #01947689 Listed on: 10/29/2020

Realty Concepts, Ltd. - Fresno

Last Buyer's Agent

Alina Hokokian

Gentile Real Estate License #02092325

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1977

Lot Details

  • 0.35

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 4,524 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 18 Bedrooms
  • 12 Bathrooms

Additional Features

  • 0.35 Acre Lot
  • Central Air

Community Details

  • 12 Units
  • Gross Income $104,448

Listing and Financial Details

  • Tenant pays for cable TV

Property Details

Home Type

Multi-Family

Year Built

Built in 1977

Lot Details

0.35 Acres

Listing Details

  • Type: Multi Family
  • Property Sub Type: 5 to 15 Units
  • Price Per Square Foot: 239.83
  • Year Built Exception: 0
  • Stories: One
  • Special Features: None
  • Year Built: 1977

Interior Features

  • Fireplace: None
  • Bathrooms: 12.00
  • Bedrooms: 18
  • Square Footage: 4524.00

Exterior Features

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

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: 0.3451
  • Lot Measurement: Square Feet
  • Lot Size Sq Ft: 15032.00
  • Price Per Acre: 3144016.23

Building Info

  • Year Built: 1977

Rental Info

  • TenantPays: Cable TV

Multi Family

  • Annual Income: 104448.00
  • IncomeIncludes: Unit Rent
  • Total Units: 12

MLS Schools

  • School District: Madera Unified
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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 List to Sale Price per Sq Ft
12/23/2020 12/23/20 Sold $1,085,000 0.0% $240 / Sq Ft
11/04/2020 11/04/20 Pending -- -- --
10/29/2020 10/29/20 For Sale $1,085,000 -- $240 / Sq Ft
Source: Fresno MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $13,592 $1,174,437 $194,837 $979,600
2023 $13,592 $1,128,834 $187,272 $941,562
2022 $12,698 $1,106,700 $183,600 $923,100
2021 $12,459 $1,085,000 $180,000 $905,000
2020 $6,893 $581,285 $82,616 $498,669
2019 $6,842 $569,889 $80,997 $488,892
2018 $6,311 $558,715 $79,409 $479,306
2017 $6,237 $547,760 $77,852 $469,908
2016 $6,081 $537,021 $76,326 $460,695
2015 $6,009 $528,955 $75,180 $453,775
2014 $5,611 $518,595 $73,708 $444,887
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Fresno MLS

MLS Number: 550090

Fresno MLS
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