$435,000
SOLD APR 10, 2020

1726 N Brooks Ave Fresno, CA 93705

Roeding Park Neighborhood
10 Beds
6 Baths
4,512 Sq Ft
0.32 Acres

Recently Sold

$96 Per Sq Ft

2 Days on Market

Highlights

  • Fireplace
  • Central Heating and Cooling System
  • Wood Siding
  • 1-Story Property

About This Home

As of April 2020

Just listed a 7.4 cap 4-plex walking distance to Fremont Elementary School! This property features (2) 3 Bed/ 1.75 Bathroom units, and (2) 2 Bed / 1 Bath units. There are two buildings, each building having one 3/1.75 unit and one 2/1 unit. In the middle of the complex is a shared common area laundry room, and carports for parking. Two units just finished a fresh remodel. Those fresh units are vacant, and can be filled with a tenant prior to close of escrow (if buyer prefers). The other two units are occupied by tenants, since December 2016, and May of 2017. The two occupied units are under market rent, and can be raised +$150/month on the 2/1, and +$300/month for the 3/1.75, giving you an additional +$5,400 annual income, and a pro forma value added cap rate of 8.65%!

Last Agent to Sell the Property

Aram Melikian

Real Broker License #01891038 Listed on: 03/10/2020

Real Broker

Last Buyer's Agent

Paul Gestic

Fresno Income Properties License #01376488

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1971

Lot Details

  • 0.32 Acre Lot
  • Front and Back Yard Sprinklers

Parking

  • Carport

Home Design

  • Quadruplex
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,512 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Leased Washer and Dryer

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 6 Bathrooms

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity, gas

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • Gross Income $45,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Type: Multi Family
  • Property Sub Type: Quadruplex
  • Price Per Square Foot: 96.41
  • Year Built Exception: 0
  • Stories: One
  • Leased Equipment: Washer/Dryer (s)
  • Special Features: None
  • Year Built: 1971

Interior Features

  • Fireplace: One Unit
  • Refrigerator: All Units
  • Stove: All units
  • Bathrooms: 6.00
  • Bedrooms: 10
  • Square Footage: 4512.00

Exterior Features

  • Yard: Sprinkler - Front, Sprinkler - Back, Sprinkler - Auto
  • Roofing: Other
  • Exterior: Wood
  • Foundation: Concrete Perimeter

Garage/Parking

  • Additional Parking: Carport

Utilities

  • Gas And Electric: Public Utilities
  • Sewer/Water: Public Water, Public Sewer
  • Heat/Cool: Central Heat/Cool, Central Heat

Condo/Co-op/Association

  • Association: Fresno MLS

Schools

  • School District: Fresno Unified

Lot Info

  • Acres: 0.3175
  • Lot Measurement: Square Feet
  • Lot Size Sq Ft: 13832.00
  • Price Per Acre: 1370078.74

Building Info

  • Year Built: 1971

Rental Info

  • TenantPays: Electricity, Gas

Multi Family

  • Annual Income: 45000.00
  • IncomeIncludes: Unit Rent
  • Total Units: 4

MLS Schools

  • School District: Fresno Unified

Range of Values:

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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
04/10/2020 04/10/20 Sold $435,000 0.0% $96 / Sq Ft
03/12/2020 03/12/20 Pending -- -- --
03/10/2020 03/10/20 For Sale $435,000 +58.2% $96 / Sq Ft
12/15/2016 12/15/16 Sold $275,000 0.0% $61 / Sq Ft
09/28/2016 09/28/16 Pending -- -- --
09/02/2016 09/02/16 For Sale $275,000 +7.8% $61 / Sq Ft
07/17/2013 07/17/13 Sold $255,000 0.0% $57 / Sq Ft
07/08/2013 07/08/13 Pending -- -- --
03/29/2013 03/29/13 For Sale $255,000 -- $57 / Sq Ft
Source: Fresno MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Aram Melikian

    Seller's Agent in 2020

    Aram Melikian

    Real Broker

    (559) 281-4174

    1 in this area

    97 Total Sales

    Section Image
  • Paul Gestic

    Buyer's Agent in 2020

    Paul Gestic

    Fresno Income Properties

    (559) 438-9425

    7 in this area

    145 Total Sales

    Section Image

  • J

    Seller's Agent in 2016

    John Cadwalader

    Realty Unlimited Group

    (925) 899-7214

    Section Image

  • N

    Buyer's Agent in 2016

    Nonmember Nonmember

    Nonmember

  • L

    Seller's Agent in 2013

    Lien Le

    Referral Services - Guarantee

    Section Image

  • G

    Buyer's Agent in 2013

    Gregri Degrange

    London Properties, Ltd.

See All Agents

Map

Source: Fresno MLS

MLS Number: 538696

Fresno MLS

California Fresno County Fresno 93705 Roeding Park

1726 N Brooks Ave, Fresno, CA

This home is located at 1726 N Brooks Ave, Fresno, CA 93705 and is currently priced at $435,000, approximately $96 per square foot. This property was built in 1971. 1726 N Brooks Ave is a home located in Fresno County with nearby schools including Fremont Elementary School, 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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