NOT LISTED FOR SALE
4 Beds
4 Baths
2,160 Sq Ft
6,300 Sq Ft Lot

Sale Details

Date Sold: June 14, 2016

Last sale price $143,000 $66 Per Sq Ft

14 Days on Market

Highlights

  • 1-Story Property
  • Refrigerated and Evaporative Cooling System
  • Heating Available

About This Home

As of June 2016

Want to get into the rental business? Well this is about the best and most inexpensive and smartest way to get into a 4 unit income producing property. All units are 1 bedroom 1 bath, easily manageable for maximum profits and always very rentable. Located in central Fresno and close to parks and bus lines. Best part of it is operating at better than an 8.0% CAP!

Last Agent to Sell the Property

Michael Garabedian

London Properties, Ltd. License #01189466 Listed on: 05/12/2016

London Properties, Ltd.

Co-Listed By

Bobby Ward

Strong Holdings Inc License #01350825

Last Buyer's Agent

Joel Saylor

Cornerstone Realty License #01154061

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 6,300 Sq Ft Lot

Parking

  • Carport

Home Design

  • Quadruplex
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 2,160 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Utilities

  • Refrigerated and Evaporative Cooling System
  • Heating Available

Community Details

  • 4 Units
  • Gross Income $27,000

Listing and Financial Details

  • Tenant pays for electricity, gas

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

6,300 Sq Ft Lot

Listing Details

  • Type: Multi Family
  • Property Sub Type: Quadruplex
  • Price Per Square Foot: 66.20
  • Year Built Exception: 0
  • Stories: One
  • Special Features: None
  • Year Built: 1960

Interior Features

  • Bathrooms: 4.00
  • Bedrooms: 4
  • Square Footage: 2160.00

Exterior Features

  • Roofing: Other
  • Exterior: Stucco
  • Foundation: Concrete Perimeter

Garage/Parking

  • Additional Parking: Carport

Utilities

  • Gas And Electric: Public Utilities
  • Sewer/Water: Public Water, Public Sewer
  • Heat/Cool: Evaporative, Floor or Wall Heat

Condo/Co-op/Association

  • Association: Fresno MLS

Lot Info

  • Acres: 0.1446
  • Lot Measurement: Square Feet
  • Lot Size Sq Ft: 6300.00
  • Price Per Acre: 988934.99

Building Info

  • Year Built: 1960

Rental Info

  • TenantPays: Electricity, Gas

Multi Family

  • Annual Income: 27000.00
  • IncomeIncludes: Unit Rent
  • Total Units: 4

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
May 12, 2016
Closed on
Jun 3, 2016
Sold by
Bought by
Seller's Agent
Michael Garabedian
London Properties, Ltd.
Buyer's Agent
Joel Saylor
Cornerstone Realty
List Price
$143,000
Sold Price
$143,000

Purchase Details

Closed on
May 18, 2001
Sold by
Bought by

Purchase Details

Closed on
Nov 27, 2000
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
$65,812
Interest Rate
0.0786%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 31, 2000
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
$65,812
Interest Rate
0.0786%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 28, 2000
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
$59,840
Interest Rate
0.0825%
Mortgage Type
Seller Take Back
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$143,000 Placer Title Company
-- --
-- First American Title Co
$81,000 First American Title Co
$68,000 First American Title Co
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
Open $100,100
Previous Owner $210,000
Previous Owner $84,700
Previous Owner $65,812
Previous Owner $59,840
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
06/14/2016 06/14/16 Sold $143,000 0.0% $66 / Sq Ft
05/26/2016 05/26/16 Pending -- -- --
05/12/2016 05/12/16 For Sale $143,000 -- $66 / 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
2025 $2,253 $169,277 $14,795 $154,482
2023 $2,169 $162,705 $14,221 $148,484
2022 $2,100 $159,516 $13,943 $145,573
2021 $2,044 $156,389 $13,670 $142,719
2020 $2,035 $154,786 $13,530 $141,256
2019 $1,959 $151,752 $13,265 $138,487
2018 $1,917 $148,777 $13,005 $135,772
2017 $1,885 $145,860 $12,750 $133,110
2016 $1,333 $103,090 $7,631 $95,459
2015 $1,314 $101,543 $7,517 $94,026
2014 $1,283 $99,555 $7,370 $92,185
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Fresno MLS

MLS Number: 463596

Fresno MLS
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