$205,000
SOLD MAR 11, 2014

157 N Echo Ave Fresno, CA 93701

Lowell Neighborhood
6 Beds
6 Baths
3,248 Sq Ft
10,400 Sq Ft Lot

Recently Sold

$63 Per Sq Ft

42 Days on Market

Highlights

  • Heated Floors
  • Refrigerated and Evaporative Cooling System
  • 3-minute walk to Z.S. Leymel Park

About This Home

As of November 2017

Nice 6plex consisting of all 1 bedroom 1 bath units. Fully occupied at rents ranging from $425-$525/month. The lower rental amounts are based on extended length of occupancy for some tenants there (one in particular has been there over 20 years). Fair market rents for these units seem to be $500/door/month. This building shows well from the exterior and the interiors are well maintained. This is a great opportunity to get ahold of a 8.5/9+ cap property.

Last Agent to Sell the Property

Michael Garabedian

London Properties, Ltd. License #01189466 Listed on: 01/15/2014

London Properties, Ltd.

Co-Listed By

Bobby Ward

Keller Williams Fresno License #01350825

Last Buyer's Agent

Michael Garabedian

London Properties, Ltd. License #01189466 Listed on: 01/15/2014

London Properties, Ltd.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Parking

  • Carport

Home Design

  • Composition Roof
  • Stucco

Interior Spaces

  • 3,248 Sq Ft Home
  • 2-Story Property
  • Heated Floors

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Additional Features

  • 10,400 Sq Ft Lot
  • Refrigerated and Evaporative Cooling System

Community Details

  • 6 Units
  • Gross Income $36,000

Listing and Financial Details

  • Tenant pays for electricity, gas

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Type: Multi Family
  • Property Sub Type: 5 to 15 Units
  • Price Per Square Foot: 63.12
  • Year Built Exception: 0
  • Stories: Two
  • Special Features: None
  • Year Built: 1950

Interior Features

  • Bathrooms: 6.00
  • Bedrooms: 6
  • Square Footage: 3248.00

Exterior Features

  • Roofing: Composition
  • Exterior: Stucco
  • Foundation: Both

Garage/Parking

  • Additional Parking: Carport

Utilities

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

Condo/Co-op/Association

  • Association: Fresno MLS

Lot Info

  • Acres: 0.2388
  • Lot Measurement: Square Feet
  • Lot Size Sq Ft: 10400.00
  • Price Per Acre: 858458.96

Building Info

  • Year Built: 1950

Rental Info

  • TenantPays: Electricity, Gas

Multi Family

  • Annual Income: 36000.00
  • IncomeIncludes: Unit Rent
  • Total Units: 6

MLS Schools

  • School District 2: Fresno Unified

Range of Values:

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List Price
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
11/09/2017 11/09/17 Sold $262,500 0.0% $81 / Sq Ft
10/23/2017 10/23/17 Pending -- -- --
10/10/2017 10/10/17 For Sale $262,500 +28.0% $81 / Sq Ft
03/11/2014 03/11/14 Sold $205,000 0.0% $63 / Sq Ft
02/26/2014 02/26/14 Pending -- -- --
01/15/2014 01/15/14 For Sale $205,000 -- $63 / Sq Ft
Source: Fresno MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2017

    Bobby Ward

    Keller Williams Fresno

  • Michael Garabedian

    Seller Co-Listing Agent in 2017

    Michael Garabedian

    London Properties, Ltd.

    (559) 436-4065

    2 in this area

    65 Total Sales

    Michael Garabedian
    Section Image

  • E

    Buyer's Agent in 2017

    Estela Lopez

    Valley Oak Realty

    (559) 730-6722

    6 Total Sales

    Estela Lopez
    Section Image
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Map

Source: Fresno MLS

MLS Number: 419734

Fresno MLS

California Fresno County Fresno 93701 Lowell

157 N Echo Ave, Fresno, CA

This home is located at 157 N Echo Ave, Fresno, CA 93701 and is currently priced at $205,000, approximately $63 per square foot. This property was built in 1950. 157 N Echo Ave is a home located in Fresno County with nearby schools including Muir Elementary, Fort Miller Middle School, and Fresno High School.

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.

Fresno MLS 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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