NOT LISTED FOR SALE

1939 E Simpson Ave Fresno, CA 93703

McLane Neighborhood
5 Beds
4 Baths
2,538 Sq Ft
8,282 Sq Ft Lot

Last Sold July 10, 2023

Last sale price $430,000 $169 Per Sq Ft

14 Days on Market

Highlights

  • Heated Floors
  • Second Dishwasher
  • Wood Siding

About This Home

As of July 2023

4-unit complex with immense value-add potential. Unit mix, comprising of one 2-bedroom, 1-bathroom, with bonus room unit, and three 1-bedroom, 1-bathroom units. With an on-site laundry room, this complex provides added convenience for tenants.Currently, the 2-bedroom unit is undergoing the final stages of the permitting process, with approved plans ready for implementation. This presents an exciting chance to increase the property's value and rental income.Priced to sell in its current AS-IS condition, this complex represents an incredible opportunity for savvy investors. Buyer to be responsible for completing the permit process. As a courtesy to the existing tenants, we kindly request that you refrain from disturbing them. Their privacy and comfort are of utmost importance.Don't miss out on this exceptional opportunity to acquire a 4-unit complex with value-add potential. Agents please read remarks.

Last Listed By

Roy Cordova

Fresno Income Properties License #01944933 Listed on: 06/12/2023

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1952

Lot Details

  • 8,282

Parking

  • Uncovered Parking

Home Design

  • Quadruplex
  • Composition Roof
  • Wood Siding

Interior Spaces

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

Kitchen

  • Second Stove
  • Second Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Additional Features

  • 8,282 Sq Ft Lot
  • Cooling System Mounted To A Wall/Window

Community Details

  • 4 Units
  • Gross Income $45,000

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: 169.42
  • Year Built Exception: 0
  • Stories: Two
  • Special Features: None
  • Year Built: 1952

Interior Features

  • Dishwasher: More than One unit
  • Disposal: More than One Unit
  • Fireplace: None
  • Refrigerator: More than One Unit
  • Stove: More than One unit
  • Bathrooms: 4.00
  • Bedrooms: 5
  • Square Footage: 2538.00

Exterior Features

  • Roofing: Composition
  • Exterior: Wood
  • Foundation: Both

Garage/Parking

  • Additional Parking: Uncovered

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

Lot Info

  • Acres: 0.1901
  • Lot Measurement: Square Feet
  • Lot Size Sq Ft: 8282.00
  • Price Per Acre: 2261967.39

Building Info

  • Year Built: 1952

Rental Info

  • TenantPays: Electricity, Gas, Cable TV

Multi Family

  • Annual Income: 45000.00
  • IncomeIncludes: Laundry, Month to Month, Lease, Both
  • Total Units: 4

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
07/10/2023 07/10/23 Sold $430,000 0.0% $169 / Sq Ft
06/26/2023 06/26/23 Pending -- -- --
06/23/2023 06/23/23 Off Market $430,000 -- --
06/12/2023 06/12/23 For Sale $420,000 -- $165 / Sq Ft
Source: Fresno MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Roy Cordova

    Seller's Agent in 2023

    Roy Cordova

    Fresno Income Properties

    (559) 317-4380

    6 in this area

    76 Total Sales

    Roy Cordova
    Section Image

  • N

    Buyer's Agent in 2023

    Nonmember Nonmember

    Nonmember

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Map

Source: Fresno MLS

MLS Number: 595693

Fresno MLS

California Fresno County Fresno 93703 McLane

1939 E Simpson Ave, Fresno, CA

Homes for Sale in Fresno, CA

This home is located at 1939 E Simpson Ave, Fresno, CA 93703 since 12 June 2023. This property was built in 1952. 1939 E Simpson Ave is a home located in Fresno County with nearby schools including Birney Elementary School, Scandinavian Middle School, and Mclane 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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