Vanessa Ochoa
Realty One Group Action
(559) 315-4633
40 Total Sales
2 in McLane
$565,000 Price Range
1903 E Simpson Ave Fresno, CA 93703
McLane Neighborhood
4
Beds
4
Baths
2,538
Sq Ft
8,540
Sq Ft Lot
Highlights
- Corner Lot
- Garage
- Heating Available
- Refrigerated and Evaporative Cooling System
- Wood Siding
About This Home
As of April 2025Discover an exceptional investment opportunity! Rare fully occupied 4-Plex each w/ individual large garages & parking for 2 cars situated on a corner lot directly across from the bustling Manchester Shopping Mall. Perfectly positioned near key amenities including Starbucks, the 41 Freeway, and a cinema, this property guarantees high visibility and easy access, making it a lucrative addition to any real estate portfolio. All units are 1bedroom & 1bathroom with a garage. 3 units located above garages and 1 unit ground level. Convenient access to the 41 Freeway facilitates quick commutes to surrounding areas, enhancing the property's appeal to potential tenants. Residents can enjoy a variety of shopping and dining options with the Manchester Mall just steps away, ensuring high demand for rental units. The area boasts a diverse population with a strong rental market, ideal for long-term investment. Seller installed new roof w/ 10 yr. warranty for half of bldg.($8200). Currently leased w/$47,052 gross per yr. (2 units pay $1K, 1 unit $1250 and 1 section 8 @ $671 waiting to increase @$1250 w/new owner) $60K gross potential. Tenant pays utilities and landlord pays $325 water.Please do not walk the grounds or disturb the tenants. Seize the chance to invest in a premium, fully occupied 4-Plex with excellent growth potential. This property is poised for long-term profitability in a location that combines convenience and accessibility.
Last Agent to Sell the Property
HomeSmart PV and Associates License #01475485 Listed on: 02/25/2025
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1952
Lot Details
- 8,540 Sq Ft Lot
- Corner Lot
Parking
- Garage
Home Design
- Quadruplex
- Composition Roof
- Wood Siding
- Concrete Perimeter Foundation
Interior Spaces
- 2,538 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Bathrooms
Utilities
- Refrigerated and Evaporative Cooling System
- Cooling System Mounted To A Wall/Window
- Heating Available
Community Details
- 4 Units
- Gross Income $47,052
Listing and Financial Details
- Tenant pays for electricity, gas
Home Values in the Area
Average Home Value in this Area
Agents Specializing in McLane, CA
-
Vanessa Ochoa
-
Pablo Ramblas Arredondo
Pablo Ramblas Arredondo
London Properties, Ltd.
(559) 354-3197
27 Total Sales
3 in McLane
$290K - $699K Price Range
-
Juan Mora
Juan Mora
London Properties, Ltd.
(559) 206-2461
168 Total Sales
4 in McLane
$258K - $525K Price Range
-
Jesus Alberto Ramirez Reyes
Jesus Alberto Ramirez Reyes
All State Homes
(559) 206-2582
33 Total Sales
1 in McLane
$322,500 Price
-
Brian Domingos
Brian Domingos
Premier Plus Real Estate Company
(559) 396-3246
186 Total Sales
1 in McLane
$665,000 Price
-
Laura Magdaleno Parvanian
Laura Magdaleno Parvanian
The Apex Broker, Inc
(559) 354-1571
21 Total Sales
3 in McLane
$62K - $640K Price Range
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 |
|---|---|---|---|
| -- | Fidelity National Title Compan | ||
| Nguon Sophyna | $490,000 | Fidelity National Title Compan | |
| Rena Kim Living Trust | -- | Park Yujin | |
| Kim Rena | $399,000 | Placer Title | |
| Mitchell Joseph | $400,000 | Fidelity National Title Co | |
| Norton Paul E | $316,000 | Fidelity National Title Co | |
| Western American Development Inc | -- | Fidelity National 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 | $367,500 | ||
| Previous Owner | Mitchell Joseph | $319,960 | |
| Previous Owner | Norton Paul E | $237,000 | |
| Previous Owner | Western American Development Inc | $1,100,000 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 04/01/2025 04/01/25 | Sold | $490,000 | -5.4% | $193 / Sq Ft | |
| 02/27/2025 02/27/25 | Pending | -- | -- | -- | |
| 02/25/2025 02/25/25 | For Sale | $518,000 | +29.8% | $204 / Sq Ft | |
| 08/27/2021 08/27/21 | Sold | $399,000 | -0.2% | $157 / Sq Ft | View Prior Sale |
| 08/02/2021 08/02/21 | Pending | -- | -- | -- | |
| 07/23/2021 07/23/21 | For Sale | $399,950 | -- | $158 / 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 | $5,535 | $499,800 | $61,200 | $438,600 |
| 2025 | $5,535 | $423,420 | $53,060 | $370,360 |
| 2023 | $5,326 | $406,980 | $51,000 | $355,980 |
| 2022 | $5,153 | $399,000 | $50,000 | $349,000 |
| 2021 | $4,042 | $320,000 | $45,000 | $275,000 |
| 2020 | $3,811 | $163,999 | $35,141 | $128,858 |
| 2019 | $2,071 | $160,784 | $34,452 | $126,332 |
| 2018 | $2,027 | $157,632 | $33,777 | $123,855 |
| 2017 | $1,993 | $154,542 | $33,115 | $121,427 |
| 2016 | $1,929 | $151,513 | $32,466 | $119,047 |
| 2015 | $1,900 | $149,238 | $31,979 | $117,259 |
| 2014 | $1,858 | $146,316 | $31,353 | $114,963 |
Source: Public Records
Agents Affiliated with this Home
-
Ann Lee
AL
Seller's Agent in 2025
Ann Lee
HomeSmart PV and Associates
-
Na Landseadal
Buyer's Agent in 2025
Na Landseadal
Rod Aluisi Real Estate
(559) 304-5044
7 in this area
65 Total Sales
-
Paul Gestic
Seller's Agent in 2021
Paul Gestic
Fresno Income Properties
(559) 438-9425
11 in this area
126 Total Sales
-
JC
Buyer's Agent in 2021
Joshua Cho
Universal Realty
Map
Source: Fresno MLS
MLS Number: 625895
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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