$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
  • Entry on the 1st floor

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

  • 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
  • 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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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 Prior Sale
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 View Prior Sale
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 View Prior Sale
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

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 $4,916 $369,560 $57,820 $311,740
2023 $4,733 $355,212 $55,576 $299,636
2022 $4,582 $348,248 $54,487 $293,761
2021 $4,460 $341,420 $53,419 $288,001
2020 $4,441 $337,920 $52,872 $285,048
2019 $4,274 $331,295 $51,836 $279,459
2018 $4,189 $325,248 $50,820 $274,428
2017 $4,072 $315,124 $42,439 $272,685
2016 $3,941 $308,946 $41,607 $267,339
2015 $3,882 $304,307 $40,983 $263,324
2014 $3,803 $298,347 $40,181 $258,166
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)
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