NOT LISTED FOR SALE
12 Beds
6 Baths
4,368 Sq Ft
9,300 Sq Ft Lot

Last Sold February 12, 2016

Last sale price $248,500 $57 Per Sq Ft

9 Days on Market

About This Home

As of February 2016

6plex consisting of all 2 bedroom 1 bathroom units with a market rent of roughly $650/each. All units feature central heating and cooling and have been well maintained. There are currently 2 vacancies but those units have been prepared for rent and are in the application process. Current monthly gross income is $2,612 but fully performing the property can produce roughly $3,900/ month gross. This is a good opportunity to get your hands on an income producing property with all 2 bedroom units under $45,000/door!

Last Agent to Sell the Property

Michael Garabedian

London Properties, Ltd. License #01189466 Listed on: 01/20/2016

London Properties, Ltd.

Co-Listed By

Bobby Ward

Strong Holdings Inc License #01350825

Last Buyer's Agent

Michael Garabedian

London Properties, Ltd. License #01189466 Listed on: 01/20/2016

London Properties, Ltd.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1980

Lot Details

  • 9,300

Parking

  • Carport

Home Design

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

Interior Spaces

  • 4,368 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Bathrooms

Additional Features

  • 9,300 Sq Ft Lot
  • Central Air

Community Details

  • 6 Units
  • Gross Income $46,800

Listing and Financial Details

  • Tenant pays for electricity, gas

Property Details

Home Type

Multi-Family

Year Built

Built in 1980

Lot Details

9,300 Sq Ft Lot

Listing Details

  • Type: Multi Family
  • Property Sub Type: 5 to 15 Units
  • Price Per Square Foot: 56.89
  • Year Built Exception: 0
  • Stories: Two
  • Special Features: None
  • Year Built: 1980

Interior Features

  • Bathrooms: 6.00
  • Bedrooms: 12
  • Square Footage: 4368.00

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: 0.2135
  • Lot Measurement: Square Feet
  • Lot Size Sq Ft: 9300.00
  • Price Per Acre: 1163934.43

Building Info

  • Year Built: 1980

Rental Info

  • TenantPays: Electricity, Gas

Multi Family

  • Annual Income: 46800.00
  • IncomeIncludes: Unit Rent
  • Total Units: 6

MLS Schools

  • School District 2: Fresno Unified
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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 List to Sale Price per Sq Ft
02/12/2016 02/12/16 Sold $248,500 0.0% $57 / Sq Ft
01/29/2016 01/29/16 Pending -- -- --
01/20/2016 01/20/16 For Sale $248,500 -- $57 / Sq Ft
Source: Fresno MLS

Tax History

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
2025 $3,896 $294,167 $35,511 $258,656
2023 $3,751 $282,746 $34,133 $248,613
2022 $3,631 $277,203 $33,464 $243,739
2021 $3,533 $271,768 $32,808 $238,960
2020 $3,518 $268,982 $32,472 $236,510
2019 $3,385 $263,709 $31,836 $231,873
2018 $3,313 $258,539 $31,212 $227,327
2017 $3,257 $253,470 $30,600 $222,870
2016 $4,009 $223,647 $29,125 $194,522
2015 $2,803 $220,289 $28,688 $191,601
2014 $2,743 $215,975 $28,127 $187,848
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Fresno MLS

MLS Number: 457517

Fresno MLS
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