$785,000
SOLD MAR 27, 2025

1331 E Harvard Ave Fresno, CA 93704

Maroa Neighborhood
8 Beds
-- Bath
4,338 Sq Ft
0.29 Acres

Recently Sold

$181 Per Sq Ft

7% Below List Price

123 Days on Market

Highlights

  • Private Yard
  • 1-Story Property
  • 4-minute walk to Lafayette Park
  • Laundry Room

About This Home

As of March 2025

REMARKS This is a well performing 6-Unit apartment complex that has had each unit updated including new flooring and paint, and with most showcasing granite counter tops. Fully occupied with a solid a tenant base and producing a better than reasonable income. This is an opportunity you will not wat to miss. The Sellers hate to let it go, but they are spring boarding on to another venture and are selling it for that reason. With that, the Buyer(s) will be required to participate in the sellers' IRS 1031 Tax Exchange at no costs to the Buyer(s)

Last Agent to Sell the Property

Michael Garabedian

London Properties Brokerage Email: michaelg@londonproperties.com License #01189466 Listed on: 09/26/2024

London Properties

Last Buyer's Agent

Michael Garabedian

London Properties Brokerage Email: michaelg@londonproperties.com License #01189466 Listed on: 09/26/2024

London Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 0.29 Acre Lot
  • 1 Common Wall
  • Private Yard
  • Front Yard

Home Design

  • Apartment

Interior Spaces

  • 8 Bedrooms
  • 4,338 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Parking

  • 6 Parking Spaces
  • 6 Carport Spaces

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 44326326

Community Details

Overview

  • 3 Buildings
  • 6 Units

Building Details

  • Rent Control
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Operating Expense $27,493
  • Gross Income $78,552
  • Net Operating Income $51,058

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Price Per Unit: 140825
  • Property Attached: Yes
  • Zoning: R-3
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 44326326
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Stories: 1
  • Entry Location: Front
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 180.96

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 6.00
  • Total Parking Spaces: 6.00

Utilities

  • Laundry: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Yard
  • Lot Size Sq Ft: 12500.00
  • Lot Size Acres: 0.2870

Multi Family

  • Gross Income: 78552.00
  • Gross Scheduled Income: 78552.00
  • Lot Size Area: 12500.0000 Square Feet
  • Net Operating Income: 51058.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 6
  • Operating Expense: 27493.00
  • Rent Control: Yes
  • Total Expenses: 27493.00

Tax Info

  • Tax Census Tract: 35.00
  • Tax Lot: 7

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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
03/27/2025 03/27/25 Sold $785,000 -7.1% $181 / Sq Ft
01/27/2025 01/27/25 Pending -- -- --
09/26/2024 09/26/24 For Sale $844,950 +148.5% $195 / Sq Ft
04/20/2017 04/20/17 Sold $340,000 0.0% $78 / Sq Ft
03/20/2017 03/20/17 Pending -- -- --
07/15/2016 07/15/16 For Sale $340,000 +14.5% $78 / Sq Ft
05/06/2013 05/06/13 Sold $297,000 0.0% $68 / Sq Ft
03/29/2013 03/29/13 Pending -- -- --
01/07/2013 01/07/13 For Sale $297,000 -- $68 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: FR24199706

California Regional Multiple Listing Service (CRMLS)