NOT LISTED FOR SALE

2402 E Peralta Way Fresno, CA 93703

McLane Neighborhood
3 Beds
2 Baths
3,136 Sq Ft
1948 Built

Last Sold October 01, 2018

Last sale price $305,000 $97 Per Sq Ft

17 Days on Market

Highlights

  • Property is near public transit
  • No HOA
  • Fenced
  • Lawn
  • Evaporated cooling system
  • Level Lot

About This Home

As of October 2018

Attention Investors, this property is generating a very nice return at over 10% gross, and priced to sell. Long term tenants. Buyer may live in one unit and make a positive cash flow from the other units. Seller is motivated. 5 units total (4) 1 bedroom 1 bath with 1 car garages (1) 2 bedroom 1 bath with 2 car garage. All units have access to a fenced court yard. This complex is set up nicely for a large family. These Units are located north of McKinley west of Fresno Street.

Last Agent to Sell the Property

Daniel Jelladian

Daniel Peter Jelladian, Broker License #00418881 Listed on: 09/07/2018

Last Buyer's Agent

Daniel Jelladian

Daniel Peter Jelladian, Broker License #00418881 Listed on: 09/07/2018

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 9,711 Sq Ft Lot
  • 1 Common Wall
  • Fenced
  • Fence is in average condition
  • Level Lot
  • Lawn
  • Front Yard
  • Density is up to 1 Unit/Acre

Parking

  • 6 Car Garage

Home Design

  • Apartment
  • Composition Roof

Interior Spaces

  • 3,136 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Location

  • Property is near public transit
  • Urban Location

Utilities

  • Evaporated cooling system
  • Wall Furnace
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 44624416

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 5 Units

Building Details

  • 5 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 5 Separate Water Meters
  • Electric Expense $318
  • Gardener Expense $2,125
  • Insurance Expense $572
  • Maintenance Expense $2,669
  • Other Expense $195
  • Professional Management Expense $2,589
  • Trash Expense $1,081
  • Water Sewer Expense $3,068
  • New Taxes Expense $3,321
  • Operating Expense $15,821
  • Gross Income $36,983
  • Net Operating Income $21,162

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0

Parking

6

Listing Details

  • Ad Number: Dan Jelladian
  • Other Phone Description: 559 270 9756
  • Price Per Unit: 68000
  • Professional Management Expense: 2589.00
  • Property Attached: Yes
  • Water Sewer Expenses: 3068.00
  • Zoning: R-2
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 2125.00
  • Parcel Number: 44624416
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 97.26

Exterior Features

  • Fence: Yes
  • Fencing: Average Condition
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 6.00
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Heating: Yes
  • Laundry: No
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Trash Expense: 1081.00
  • Water Source: Public
  • Cooling: Evaporative Cooling
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Front Yard, Lawn, Level with Street, Lot 6500-9999, Near Public Transit
  • Lot Size Sq Ft: 9711.00

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Electric Expense: 318.00
  • Gross Income: 36983.00
  • Gross Scheduled Income: 36983.00
  • Insurance Expense: 572.00
  • Maintenance Expense: 2669.00
  • Net Operating Income: 21162.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 5
  • Number Of Units Leased: 5
  • Number Of Units Total: 5
  • Number With Range: 5
  • Number With Refrigerator: 5
  • Operating Expense: 15821.00
  • Other Expense: 195.00
  • Other Expense Description: pest ctl
  • Rent Control: No
  • Total Actual Rent: 36983.00
  • Total Expenses: 15821.00

Tax Info

  • New Taxes Expense: 3321.00
  • Tax Census Tract: 24.00

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
10/01/2018 10/01/18 Sold $305,000 -10.3% $97 / Sq Ft
09/07/2018 09/07/18 For Sale $340,000 +30.8% $108 / Sq Ft
05/04/2017 05/04/17 Sold $260,000 0.0% $82 / Sq Ft
03/07/2017 03/07/17 Pending -- -- --
01/10/2017 01/10/17 For Sale $260,000 -- $82 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PI18219803

California Regional Multiple Listing Service (CRMLS)