NOT LISTED FOR SALE

1435 E Belgravia Ave Fresno, CA 93706

Edison Neighborhood
8 Beds
4 Baths
3,050 Sq Ft
5,500 Sq Ft Lot

Last Sold September 21, 2016

Last sale price $175,000 $57 Per Sq Ft

31 Days on Market

About This Home

As of September 2016

Good buy and hold investment property with a brand new roof on the complex and carports. This fourplex consists of all 2 bedroom 1 bathroom units. They each rent for $600 and it is fully occupied. There is plenty of room to increase rents. The units have their own individual Washer Dryer Hook Ups. Please do not let tenants know that the property is for sale. Drive by the property but do not disturb the tenants or walk the grounds. Please submit offers subject to walk through inspection.

Last Agent to Sell the Property

Jason Gobeli

Solid Real Estate Solutions License #01832506 Listed on: 08/01/2016

Last Buyer's Agent

Anthony Fraser

NextHome License #01355047

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 5,500 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • 3,050 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Parking Spaces
  • 4 Carport Spaces
  • Parking Available
  • Assigned Parking

Additional Features

  • Exterior Lighting
  • Urban Location

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 47818246

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Insurance Expense $1,283
  • New Taxes Expense $1,891
  • Gross Income $17,800
  • Net Operating Income $17,800

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Zoning: R-1
  • Property Type: Residential Income
  • Parcel Number: 47818246
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 57.38

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5500.00
  • Price Per Lot Square Foot: 35.45

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 17800.00
  • Gross Scheduled Income: 28800.00
  • Insurance Expense: 1283.00
  • Net Operating Income: 17800.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Units Total: 4
  • Operating Expense: 11000.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 1891.00

Range of Values:

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Average Value
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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 Change Sq Ft Price
09/21/2016 09/21/16 Sold $175,000 -10.3% $57 / Sq Ft
09/01/2016 09/01/16 Pending -- -- --
08/01/2016 08/01/16 For Sale $195,000 +36.8% $64 / Sq Ft
03/25/2013 03/25/13 Sold $142,500 0.0% $47 / Sq Ft
03/14/2013 03/14/13 Pending -- -- --
02/13/2013 02/13/13 For Sale $142,500 -- $47 / 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: MD16170288

California Regional Multiple Listing Service (CRMLS)