$280,000
SOLD JUL 16, 2019

1927 E Simpson Ave Fresno, CA 93703

McLane Neighborhood
4 Beds
4 Baths
2,538 Sq Ft
8,585 Sq Ft Lot

Recently Sold

$110 Per Sq Ft

146 Days on Market

Highlights

  • Heated Floors
  • Garage
  • Wood Siding

About This Home

As of July 2019

8% Cap. Here's Your opportunity to own 1 of 3, 4 unit complexes (1915 E. Simpson Ave & 2026 E. Hunter Ave) conveniently location in central Fresno off Freeway 41, central bus stop, and walking distance to newly remodeled Manchester Center. Each building consists of 4 identical in size 1bed, 1bath units with 1 car garage. One unit is downstairs while other 3 upstairs. Three of four units have front and back balconies. Rents are very low and in need of adjustment. This turn key investment property wont last long so call an agent today.

Last Agent to Sell the Property

Paul Gestic

Fresno Income Properties License #01376488 Listed on: 01/30/2019

Last Buyer's Agent

Roy Cordova

Fresno Income Properties License #01944933

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1952

Lot Details

  • 8,585 Sq Ft Lot
  • Front and Back Yard Sprinklers

Home Design

  • Quadruplex
  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 2,538 Sq Ft Home
  • 2-Story Property
  • Heated Floors

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Parking

  • Garage
  • Uncovered Parking

Utilities

  • Cooling System Mounted To A Wall/Window

Community Details

  • 4 Units
  • Gross Income $30,912

Listing and Financial Details

  • Tenant pays for electricity, gas, cable TV

Property Details

Home Type

Multi-Family

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Type: Multi Family
  • Property Sub Type: Quadruplex
  • Price Per Square Foot: 110.32
  • Year Built Exception: 0
  • Stories: Two
  • Special Features: None
  • Year Built: 1952

Interior Features

  • Dishwasher: None
  • Disposal: None
  • Fireplace: None
  • Refrigerator: More than One Unit
  • Stove: All units
  • Bathrooms: 4.00
  • Bedrooms: 4
  • Square Footage: 2538.00

Exterior Features

  • Yard: Sprinkler - Front, Sprinkler - Back, Sprinkler - Auto, Mature Landcsape
  • Roofing: Composition
  • Exterior: Stucco, Wood
  • Foundation: Concrete Perimeter

Garage/Parking

  • Additional Parking: Garage, Uncovered, One Space per Unit

Utilities

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

Condo/Co-op/Association

  • Association: Fresno MLS

Schools

  • School District: Fresno Unified

Lot Info

  • Acres: 0.1971
  • Lot Measurement: Square Feet
  • Lot Size Sq Ft: 8585.00
  • Price Per Acre: 1420598.68

Building Info

  • Year Built: 1952

Rental Info

  • TenantPays: Electricity, Gas, Cable TV

Multi Family

  • Annual Income: 30912.00
  • IncomeIncludes: Unit Rent, Month to Month, Lease, Both
  • Total Units: 4

MLS Schools

  • School District: Fresno Unified

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Range of Values:

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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
07/16/2019 07/16/19 Sold $280,000 0.0% $110 / Sq Ft
06/25/2019 06/25/19 Pending -- -- --
01/30/2019 01/30/19 For Sale $280,000 +51.4% $110 / Sq Ft
09/29/2015 09/29/15 Sold $185,000 0.0% $73 / Sq Ft
07/17/2015 07/17/15 Pending -- -- --
07/01/2015 07/01/15 For Sale $185,000 -- $73 / Sq Ft
Source: Fresno MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Fresno MLS

MLS Number: 517028

Fresno MLS