NOT LISTED FOR SALE

1211 W Spruce Ave Fresno, CA 93650

8 Beds
8 Baths
5,018 Sq Ft
0.31 Acres

Last Sold April 17, 2018

Last sale price $615,000 $123 Per Sq Ft

7 Days on Market

Highlights

  • 0.31 Acre Lot
  • Fenced Yard
  • Garage
  • Nelson Elementary School Rated A-
  • Central Air

About This Home

As of April 2018

A rare investment opportunity for an income producing property in Clovis Unified. All units currently leased/rented. It offers a 5% cap rate according to calculations of figures provided. Preferred location near River Park. Identical 4-plex also available on neighboring parcel.

Last Agent to Sell the Property

Kevin Christiansen

Realty Concepts, Ltd. - Fresno License #00695968 Listed on: 03/26/2018

Realty Concepts, Ltd. - Fresno

Last Buyer's Agent

Kevin Christiansen

Realty Concepts, Ltd. - Fresno License #00695968 Listed on: 03/26/2018

Realty Concepts, Ltd. - Fresno

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2002

Lot Details

  • 0.31 Acre Lot
  • Fenced Yard
  • Front and Back Yard Sprinklers

Parking

  • Garage

Home Design

  • Quadruplex
  • Composition Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 5,018 Sq Ft Home
  • Multi-Level Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Utilities

  • Central Air

Listing and Financial Details

  • Tenant pays for electricity, gas, cable TV

Community Details

Overview

  • 4 Buildings
  • 4 Units

Building Details

  • Gross Income $46,751

Property Details

Home Type

Multi-Family

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Type: Multi Family
  • Property Sub Type: Quadruplex
  • Price Per Square Foot: 122.56
  • Year Built Exception: 0
  • Stories: Multi/Split
  • Special Features: None
  • Year Built: 2002

Interior Features

  • Dishwasher: All Units
  • Disposal: All units
  • Fireplace: All Units
  • Refrigerator: All Units
  • Stove: All units
  • Bathrooms: 8.00
  • Bedrooms: 8
  • Square Footage: 5018.00

Exterior Features

  • Yard: Sprinkler - Front, Sprinkler - Back, Sprinkler - Auto, Fenced, Mature Landcsape
  • Roofing: Composition
  • Exterior: Stucco
  • Foundation: Concrete Perimeter

Garage/Parking

  • Additional Parking: Garage, One Space per Unit, 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

Schools

  • School District: Clovis Unified

Lot Info

  • Acres: 0.3058
  • Lot Measurement: Square Feet
  • Lot Size Sq Ft: 13320.00
  • Price Per Acre: 2011118.38

Building Info

  • Year Built: 2002

Rental Info

  • TenantPays: Electricity, Gas, Cable TV

Multi Family

  • Annual Income: 46751.00
  • IncomeIncludes: Unit Rent, Month to Month, Lease
  • Total Units: 4

MLS Schools

  • School District: Clovis Unified

Range of Values:

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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 List to Sale Price per Sq Ft
04/17/2018 04/17/18 Sold $615,000 0.0% $123 / Sq Ft
04/02/2018 04/02/18 Pending -- -- --
03/26/2018 03/26/18 For Sale $615,000 -- $123 / 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: 499782

Fresno MLS