NOT LISTED FOR SALE

132 N San Pablo Ave Fresno, CA 93701

Lowell Neighborhood
9 Beds
8 Baths
4,378 Sq Ft
0.26 Acres

Last Sold January 29, 2015

Last sale price $316,900 $72 Per Sq Ft

199 Days on Market

Highlights

  • 1-Story Property
  • Garage
  • 4-minute walk to Martin Park
  • Refrigerated and Evaporative Cooling System
  • Wood Siding

About This Home

As of January 2015

7-Plex apartments, all single story, fully occupied with a 10.66% CAP Rate, $37,000 annual net income. All 7 units have their own assigned enclosed garage. The grounds are clean and there is a community income producing laundry room. The units have been maintained and updated over the years and even have dual pane windows. Owner just replaced any old wood, painted the exterior, re-landscaped, and had a roof certification done. Excellent condition and great tenants, turn key. This property has been a cash cow but seller needs the funds to 1031 into another property. Seller motivation is high, and we priced this property to sell quick!

Last Agent to Sell the Property

Aram Melikian

Real Broker License #01891038 Listed on: 05/02/2014

Real Broker

Last Buyer's Agent

Nonmember Nonmember

Nonmember

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1946

Lot Details

  • 0.26 Acre Lot
  • Front and Back Yard Sprinklers

Parking

  • Garage

Home Design

  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 4,378 Sq Ft Home
  • 1-Story Property
  • Leased Washer and Dryer

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 8 Bathrooms

Utilities

  • Refrigerated and Evaporative Cooling System

Listing and Financial Details

  • Tenant pays for electricity, gas, cable TV

Community Details

Overview

  • 2 Buildings
  • 7 Units

Building Details

  • Gross Income $44,700

Property Details

Home Type

Multi-Family

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Type: Multi Family
  • Property Sub Type: 5 to 15 Units
  • Price Per Square Foot: 72.38
  • Year Built Exception: 0
  • Stories: One
  • Leased Equipment: Washer/Dryer (s)
  • Special Features: None
  • Year Built: 1946

Interior Features

  • Dishwasher: None
  • Disposal: None
  • Fireplace: None
  • Refrigerator: None
  • Stove: All units
  • Bathrooms: 8.00
  • Bedrooms: 9
  • Facilities: Utility Room
  • Square Footage: 4378.00

Exterior Features

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

Garage/Parking

  • Additional Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Association: Fresno MLS

Lot Info

  • Acres: 0.2636
  • Lot Measurement: Square Feet
  • Lot Size Sq Ft: 11484.00
  • Price Per Acre: 1202200.30

Building Info

  • Year Built: 1946

Rental Info

  • TenantPays: Electricity, Gas, Cable TV

Multi Family

  • Annual Income: 44700.00
  • IncomeIncludes: Unit Rent, Laundry
  • Total Units: 7

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
01/29/2015 01/29/15 Sold $316,900 0.0% $72 / Sq Ft
11/17/2014 11/17/14 Pending -- -- --
05/02/2014 05/02/14 For Sale $316,900 -- $72 / 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: 425494

Fresno MLS