NOT LISTED FOR SALE

3231 N Van Ness Blvd Fresno, CA 93704

Maroa Neighborhood
10 Beds
9 Baths
8,400 Sq Ft
0.33 Acres

Last Sold December 27, 2022

Last sale price $1,330,000 $158 Per Sq Ft

209 Days on Market

Highlights

  • Corner Lot
  • Central Air
  • Wood Siding
  • Fenced Yard

About This Home

As of December 2022

Realty Concepts is proud to present 3231 N Van Ness Blvd, a 6 unit townhome apartment complex on beautiful Van Ness Ave. Located on the border of Old Fig Garden and the Fresno High area, this property is perfect for any investor who desires pride of ownership. Currently, each unit is rented to long term tenants who are on month-to-month leases, the next owner has the option of keeping the property for long term tenants or converting into short term tenancy (i.e. posting on AirBnb). This property has the potential to achieve a 9.33% cap rate as a short term rental. The Property consists of four 2 bedroom, 1.5 bath units and two 1 bedroom, 1.5 bath units. This property features a sparkling pool, indoor coin-op laundry room, HVAC in each unit, and reserved parking for each unit. Each unit averages 1400 sqft and is across the street from Gazebo Gardens, a very poplar food truck park and beer garden. *Bedroom/Bathroom count differs from tax records, buyer to verify if important*

Last Agent to Sell the Property

Jeff Zimmerman

Realty Concepts, Ltd. - Fresno License #02039326 Listed on: 04/01/2022

Realty Concepts, Ltd. - Fresno

Last Buyer's Agent

Rama Ambati

Ambati Properties License #00919580

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 0.33 Acre Lot
  • Fenced Yard
  • Corner Lot
  • Front and Back Yard Sprinklers

Parking

  • Carport

Home Design

  • Brick Exterior Construction
  • Tar and Gravel Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 8,400 Sq Ft Home
  • 2-Story Property
  • Leased Washer and Dryer

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 9 Bathrooms

Utilities

  • Central Air

Community Details

  • 6 Units
  • Gross Income $82,046

Listing and Financial Details

  • Tenant pays for electricity, gas, cable TV

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Type: Multi Family
  • Property Sub Type: 5 to 15 Units
  • Price Per Square Foot: 158.33
  • Year Built Exception: 0
  • Stories: Two
  • Unique Conditions: 1031 Exchange
  • Leased Equipment: Washer/Dryer (s)
  • Special Features: None
  • Year Built: 1961

Interior Features

  • Dishwasher: All Units
  • Disposal: All units
  • Fireplace: None
  • Refrigerator: All Units
  • Stove: All units
  • Bathrooms: 9.00
  • Bedrooms: 10
  • Facilities: Pool, Utility Room
  • Square Footage: 8400.00

Exterior Features

  • Yard: Sprinkler - Front, Sprinkler - Back, Sprinkler - Auto, Fenced, Mature Landcsape
  • Roofing: Rolled Comp, Tar & Gravel
  • Exterior: Wood, Brick
  • Foundation: Concrete Perimeter

Garage/Parking

  • Additional Parking: Carport, Covered, One Space per Unit

Utilities

  • Gas And Electric: Public Utilities
  • Sewer/Water: Public Water
  • Heat/Cool: Central Heat/Cool

Condo/Co-op/Association

  • Association: Fresno MLS

Association/Amenities

  • Site Amenities: Corner

Lot Info

  • Acres: 0.3306
  • Lot Measurement: Square Feet
  • Lot Size Sq Ft: 14400.00
  • Price Per Acre: 4022988.51

Building Info

  • Year Built: 1961

Rental Info

  • TenantPays: Electricity, Gas, Cable TV

Multi Family

  • Annual Income: 82046.00
  • IncomeIncludes: Unit Rent, Laundry, Month to Month
  • Total Units: 6

MLS Schools

  • School District 2: Fresno Unified

Range of Values:

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Average Value
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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
12/27/2022 12/27/22 Sold $1,330,000 -16.9% $158 / Sq Ft
10/27/2022 10/27/22 Pending -- -- --
10/17/2022 10/17/22 For Sale $1,600,000 0.0% $190 / Sq Ft
09/22/2022 09/22/22 Pending -- -- --
06/28/2022 06/28/22 For Sale $1,600,000 0.0% $190 / Sq Ft
06/15/2022 06/15/22 Pending -- -- --
05/09/2022 05/09/22 Price Changed $1,600,000 -15.8% $190 / Sq Ft
04/01/2022 04/01/22 For Sale $1,900,000 -- $226 / 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: 575476

Fresno MLS