NOT LISTED FOR SALE

3233 E Clinton Ave Fresno, CA 93703

McLane Neighborhood
6 Beds
4 Baths
3,368 Sq Ft
8,400 Sq Ft Lot

Last Sold March 03, 2017

Last sale price $289,500 $86 Per Sq Ft

6 Days on Market

Highlights

  • Gated Community
  • No HOA
  • Laundry Room
  • Property is near public transit
  • Evaporated cooling system
  • Bungalow

About This Home

As of March 2017

Great Fourplex Investment! Multi family located in McLane, CA, in Fresno county. Amazing condition and fully occupied!The property is fenced.

Last Agent to Sell the Property

Marina Gumberg

Pacific Inter Capital Investment Solutions, Inc License #01435020 Listed on: 01/26/2017

Last Buyer's Agent

Richard Jackson

License #01941368

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954

Lot Details

  • 8,400 Sq Ft Lot
  • Two or More Common Walls
  • Fenced
  • Fence is in average condition
  • Landscaped
  • Sprinklers Throughout Yard
  • Density is 2-5 Units/Acre

Parking

  • 1 Open Parking Space
  • 3 Car Garage
  • Carport
  • Parking Available
  • Assigned Parking

Home Design

  • Bungalow
  • Property Attached
  • Shingle Roof
  • Metal Siding

Interior Spaces

  • 3,368 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Evaporated cooling system
  • Heating System Uses Natural Gas
  • Wall Furnace

Additional Features

  • Exterior Lighting
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 1550
  • Tax Tract Number 1043
  • Assessor Parcel Number 44529425

Community Details

Overview

  • No Home Owners Association
  • 10 Units

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $120
  • Insurance Expense $1,500
  • Trash Expense $980
  • Water Sewer Expense $1,515
  • New Taxes Expense $2,500
  • Operating Expense $6,495
  • Gross Income $2,500
  • Net Operating Income $23,505

Security

  • Gated Community

Property Details

Home Type

Multi-Family

Year Built

Built in 1954

Lot Details

0

Parking

3

Listing Details

  • Assessments: No
  • CapRate: 0.08
  • Property Attached: Yes
  • Road Surface Type: Maintained
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Gated Community, Smoke Detector(s)
  • Water Sewer Expenses: 1515.00
  • Zoning: R3
  • Architectural Style: Bungalow
  • Property Type: Residential Income
  • Parcel Number: 44529425
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 85.96

Exterior Features

  • Fence: Yes
  • Fencing: Average Condition
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Metal Siding

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Assigned, Carport
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 1.00

Utilities

  • Utilities: Electricity Available, Sewer Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: Electricity - On Property
  • Heating Type: Wall Furnace, Natural Gas
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 980.00
  • Water Source: Public
  • Cooling: Evaporative Cooling
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Front Yard, Landscaped, Near Public Transit, Sprinklers In Front, Sprinklers In Rear, Sprinklers On Side
  • Lot Size Sq Ft: 8400.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average1 Bed Area: 1000 Square Feet
  • Average2 Bed Area: 1000 Square Feet
  • Average3 Bed Area: 1000 Square Feet
  • Average Studio Area: 368 Square Feet
  • Electric Expense: 120.00
  • Gross Income: 2500.00
  • Gross Multiplier: 9.90
  • Gross Scheduled Income: 30000.00
  • Insurance Expense: 1500.00
  • Net Operating Income: 23505.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 10
  • Operating Expense: 6495.00
  • Rent Control: Yes
  • Total Expenses: 6495.00

Tax Info

  • New Taxes Expense: 2500.00
  • Tax Lot: 1550
  • Tax Tract Number: 1043

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 List to Sale Price per Sq Ft Prior Sale
03/03/2017 03/03/17 Sold $289,500 0.0% $86 / Sq Ft
02/01/2017 02/01/17 Pending -- -- --
01/26/2017 01/26/17 For Sale $289,500 +21.4% $86 / Sq Ft
08/18/2015 08/18/15 Sold $238,500 0.0% $71 / Sq Ft View Prior Sale
06/22/2015 06/22/15 Pending -- -- --
06/04/2015 06/04/15 For Sale $238,500 +13.6% $71 / Sq Ft
06/10/2013 06/10/13 Sold $210,000 0.0% $62 / Sq Ft View Prior Sale
05/13/2013 05/13/13 Pending -- -- --
11/01/2012 11/01/12 For Sale $210,000 -- $62 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $4,394 $335,982 $38,295 $297,687
2023 $4,228 $322,937 $36,809 $286,128
2022 $4,092 $316,606 $36,088 $280,518
2021 $3,980 $310,399 $35,381 $275,018
2020 $3,963 $307,218 $35,019 $272,199
2019 $3,812 $301,195 $34,333 $266,862
2018 $3,730 $295,290 $33,660 $261,630
2017 $3,090 $243,270 $30,600 $212,670
2016 $2,989 $238,500 $30,000 $208,500
2015 $2,575 $204,920 $25,614 $179,306
2014 $2,528 $200,907 $25,113 $175,794
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2017

    Marina Gumberg

    Pacific Inter Capital Investment Solutions, Inc

    (323) 547-7766

    12 Total Sales

    Marina Gumberg
    Section Image

  • R

    Buyer's Agent in 2017

    Richard Jackson

  • J

    Seller's Agent in 2015

    John Cadwalader

    Realty Unlimited Group

    (925) 899-7214

    John Cadwalader
    Section Image

  • N

    Buyer's Agent in 2015

    Nonmember Nonmember

    Nonmember

  • Paul Gestic

    Seller's Agent in 2013

    Paul Gestic

    Fresno Income Properties

    (559) 438-9425

    13 in this area

    136 Total Sales

    Paul Gestic
    Section Image

  • G

    Buyer's Agent in 2013

    Gregri Degrange

    London Properties, Ltd.

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR17016893

California Regional Multiple Listing Service (CRMLS)
California Fresno County Fresno 93703 McLane

3233 E Clinton Ave, Fresno, CA

Not Listed for Sale

MultiFamily

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