NOT LISTED FOR SALE
14 Beds
7 Baths
5,992 Sq Ft
0.26 Acre Lot

Sale Details

Date Sold: January 30, 2024

Last sale price $990,000 $165 Per Sq Ft

45 Days on Market

About This Home

As of January 2024

Don't let this incredible investment opportunity pass you by! This 7unit gated complex is fully rented for immediate income. Each unit has 2 bedrooms and 1 bath. All have similar layouts which include granite counters in the kitchens and bathrooms, as well as tile floors throughout. The roof, hvac systems, water heaters and windows were all replaced in 2016. There are even laundry hookups on the premises. Make an offer today and add this great property to your portfolio before the end of the year!

Last Agent to Sell the Property

Tracy Debenedetto

Real Broker License #01989583 Listed on: 10/10/2023

Real Broker

Last Buyer's Agent

Puneet Bhargava

HomeSmart PV and Associates License #01859500

HomeSmart PV and Associates
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1980

Lot Details

  • 0.26

Parking

  • Carport

Home Design

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

Interior Spaces

  • 5,992 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 7 Bathrooms

Additional Features

  • 11,250 Sq Ft Lot
  • Central Air

Listing and Financial Details

  • Tenant pays for electricity, gas, cable TV

Community Details

Overview

  • 2 Buildings
  • 7 Units

Building Details

  • Gross Income $84,960

Property Details

Home Type

Multi-Family

Year Built

Built in 1980

Lot Details

0.26 Acres

Listing Details

  • Type: Multi Family
  • Property Sub Type: 5 to 15 Units
  • Price Per Square Foot: 165.22
  • Year Built Exception: 0
  • Stories: Two
  • Special Features: None
  • Year Built: 1980

Interior Features

  • Fireplace: None
  • Bathrooms: 7.00
  • Bedrooms: 14
  • Square Footage: 5992.00

Exterior Features

  • Roofing: Composition
  • Exterior: Stucco, 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

Condo/Co-op/Association

  • Association: Fresno MLS

Lot Info

  • Acres: 0.2583
  • Lot Measurement: Square Feet
  • Lot Size Sq Ft: 11250.00
  • Price Per Acre: 3832752.61

Building Info

  • Year Built: 1980

Rental Info

  • TenantPays: Electricity, Gas, Cable TV

Multi Family

  • Annual Income: 84960.00
  • IncomeIncludes: Unit Rent, Lease
  • Total Units: 7

MLS Schools

  • School District 2: Fresno Unified

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2023
Closed on
Jan 23, 2024
Sold by
Bought by
Seller's Agent
Tracy Debenedetto
Real Broker
Buyer's Agent
Puneet Bhargava
HomeSmart PV and Associates
List Price
$1,100,000
Sold Price
$990,000
Premium/Discount to List
-$110,000
-10%
Views
213

Purchase Details

Listed on
Nov 13, 2015
Closed on
Apr 20, 2016
Sold by
Bought by
Seller's Agent
Thomas Miller
Realty Concepts, Ltd. - Fresno
Buyer's Agent
Thomas Miller
Realty Concepts, Ltd. - Fresno
List Price
$345,000
Sold Price
$345,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.80%
Original Mortgage
$258,000
Interest Rate
3.66%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 6, 2015
Sold by
Bought by

Purchase Details

Closed on
Apr 11, 2013
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.51%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 18, 2012
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.28%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 30, 2012
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$990,000 Old Republic Title Company
$345,000 Orange Coast Title Co Norcal
$140,000 Accommodation
$142,000 None Available
$140,000 Placer Title Company
-- Placer Title
-- Placer Title
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 $258,000
Previous Owner $1,000,000
Previous Owner $1,000,000
Previous Owner $150,000
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
01/30/2024 01/30/24 Sold $990,000 -5.7% $165 / Sq Ft
11/24/2023 11/24/23 Pending -- -- --
11/20/2023 11/20/23 Price Changed $1,050,000 -4.5% $175 / Sq Ft
10/10/2023 10/10/23 For Sale $1,100,000 +218.8% $184 / Sq Ft
06/10/2016 06/10/16 Sold $345,000 0.0% $58 / Sq Ft View Prior Sale
04/13/2016 04/13/16 Pending -- -- --
11/13/2015 11/13/15 For Sale $345,000 -- $58 / 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 $13,154 $1,029,996 $93,636 $936,360
2025 $13,154 $1,009,800 $91,800 $918,000
2023 $5,186 $392,546 $40,960 $351,586
2022 $5,019 $384,850 $40,157 $344,693
2021 $4,883 $377,305 $39,370 $337,935
2020 $4,862 $373,437 $38,967 $334,470
2019 $4,678 $366,115 $38,203 $327,912
2018 $4,578 $358,937 $37,454 $321,483
2017 $4,500 $351,900 $36,720 $315,180
2016 $2,733 $213,202 $33,503 $179,699
2015 $1,894 $144,981 $30,738 $114,243
2014 $1,849 $142,142 $30,136 $112,006
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Fresno MLS

MLS Number: 603269

Fresno MLS
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