Lysha Payseno
Responds Quickly
Valley Land & Investment Co.
(559) 551-2806
74 Total Sales
8 in Reedley
$290K - $510K Price Range
1520 S Reed Ave Reedley, CA 93654
Reedley Area
13
Beds
9
Baths
3,903
Sq Ft
10,454
Sq Ft Lot
Highlights
- 1-Story Property
- Washington Elementary School Rated 9+
- Central Air
About This Home
As of May 2025Investment Opportunity in the Heart of Reedley!Don't miss this rare chance to own a well-maintained 8-unit multifamily property at 1520 S Reed Avean ideal addition to any investor's portfolio. This income-producing asset features a desirable mix of 1-bedroom and 2-bedroom units, with 7 of 8 currently occupied by long-term tenants.Recent upgrades include a brand-new roof, modernized interiors, new flooring, updated kitchens, and bathroom improvementsoffering immediate stability and future upside. The property boasts an onsite laundry room, tenant-paid utilities, and easy access to shopping, schools, and major roadways.
Last Agent to Sell the Property
eXp Realty of California, Inc. License #01493993 Listed on: 05/07/2025
Last Buyer's Agent
eXp Realty of California, Inc. License #01493993 Listed on: 05/07/2025
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1974
Lot Details
- 10,454
Parking
- Carport
Home Design
- Composition Roof
- Concrete Perimeter Foundation
- Stucco
Interior Spaces
- 3,903 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 13 Bedrooms
- 9 Bathrooms
Additional Features
- 10,454 Sq Ft Lot
- Central Air
Community Details
- 8 Units
- Gross Income $99,996
Listing and Financial Details
- Tenant pays for electricity, gas, water, sewer, trash collection, cable TV
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 7, 2025
Closed on
May 27, 2025
Sold by
Bought by
Seller's Agent
Scott Tafoya
eXp Realty of California, Inc.
Buyer's Agent
Scott Tafoya
eXp Realty of California, Inc.
List Price
$980,000
Sold Price
$940,000
Premium/Discount to List
-$40,000
-4.08%
Views
23
Purchase Details
Closed on
Jun 12, 2021
Sold by
Bought by
Purchase Details
Closed on
Apr 7, 2021
Sold by
Bought by
Purchase Details
Closed on
Mar 12, 1998
Sold by
Bought by
Purchase Details
Closed on
Jan 21, 1998
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Reedley, CA
-
Lysha Payseno
-
Billy Lovewell
Billy Lovewell
eXp Realty of California, Inc.
(559) 272-3693
229 Total Sales
4 in Reedley
$345K - $360K Price Range
-
Aaron Unger
Aaron Unger
Simplified Realty
(209) 255-5824
160 Total Sales
2 in Reedley
$479,000 Price Range
-
Alex Salazar
Alex Salazar
RE/MAX Gold
(559) 377-6342
564 Total Sales
4 in Reedley
$265,000 Price Range
-
Jose Martinez
JM
Jose Martinez
Win Point Realty
(559) 272-5852
40 Total Sales
2 in Reedley
$180K - $190K Price Range
-
Michael Flores
Michael Flores
Altura Realty
(831) 220-3897
15 Total Sales
1 in Reedley
$465,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $940,000 | Placer Title Company | ||
| -- | None Available | ||
| -- | None Available | ||
| -- | Chicago Title Co | ||
| $130,000 | Chicago Title Co |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $357,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/30/2025 05/30/25 | Sold | $940,000 | -4.1% | $241 / Sq Ft |
| 05/16/2025 05/16/25 | Pending | -- | -- | -- |
| 05/07/2025 05/07/25 | For Sale | $980,000 | -- | $251 / Sq Ft |
Source: Fresno MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $4,024 | $599,250 | $76,500 | $522,750 |
| 2025 | $4,024 | $346,481 | $61,807 | $284,674 |
| 2023 | $3,977 | $333,029 | $59,408 | $273,621 |
| 2022 | $3,935 | $326,500 | $58,244 | $268,256 |
| 2021 | $4,876 | $320,198 | $39,204 | $280,994 |
| 2020 | $4,902 | $400,000 | $65,000 | $335,000 |
| 2019 | $3,790 | $310,703 | $38,043 | $272,660 |
| 2018 | $3,407 | $275,000 | $45,000 | $230,000 |
| 2017 | $3,018 | $250,000 | $45,000 | $205,000 |
| 2016 | $3,123 | $250,000 | $45,000 | $205,000 |
| 2015 | $3,071 | $250,000 | $45,000 | $205,000 |
| 2014 | $3,119 | $250,000 | $45,000 | $205,000 |
Source: Public Records
Agents Affiliated with this Home
-
Scott Tafoya
Seller's Agent in 2025
Scott Tafoya
eXp Realty of California, Inc.
(559) 947-1567
54 Total Sales
Map
Source: Fresno MLS
MLS Number: 629974
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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