NOT LISTED FOR SALE

3308 E Olive Ave Fresno, CA 93702

Huntington Neighborhood
12 Beds
6 Baths
3,960 Sq Ft
5,800 Sq Ft Lot

Last Sold September 27, 2019

Last sale price $370,000 $93 Per Sq Ft

90 Days on Market

Highlights

  • Central Heating
  • Garage
  • Wood Siding
  • Refrigerated and Evaporative Cooling System

About This Home

As of September 2019

Incredible investment opportunity! With $42,000 in annual earnigs, this property will generate a high cap rate and a great return on your investment. All units are occupied with long-term, reliable tenants. Each unit has 4 bedrooms, 2 bathrooms, and includes indoor laundry, private back patio, and one-car garage. Seller has made many recent updates, includiing newly updated kitchens and bathrooms,flooring, doors, window coverings, and lighting and plumbing fixtures. Water heaters and central heaters have been recently replaced, and evap coolers have been serviced for summer. With the recent updates made, this property is sure to have LOW expenses and generate BIG profits!

Last Agent to Sell the Property

Brian Ferguson

Suite One Real Estate Services License #01907765 Listed on: 05/24/2019

Last Buyer's Agent

Douglas Dart

Dart Realty License #01327834

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1975

Lot Details

  • 5,800 Sq Ft Lot

Parking

  • Garage

Home Design

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

Interior Spaces

  • 3,960 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Bathrooms

Utilities

  • Refrigerated and Evaporative Cooling System
  • Central Heating

Community Details

  • 3 Units
  • Gross Income $41,688

Listing and Financial Details

  • Tenant pays for electricity, gas, cable TV

Property Details

Home Type

Multi-Family

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Type: Multi Family
  • Property Sub Type: Triplex
  • Price Per Square Foot: 93.43
  • Year Built Exception: 0
  • Stories: Two
  • Special Features: None
  • Year Built: 1975

Interior Features

  • Dishwasher: None
  • Disposal: All units
  • Fireplace: None
  • Refrigerator: All Units
  • Stove: All units
  • Bathrooms: 6.00
  • Bedrooms: 12
  • Square Footage: 3960.00

Exterior Features

  • Roofing: Composition
  • Exterior: Stucco, Wood
  • Foundation: Concrete Perimeter

Garage/Parking

  • Additional Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Association: Fresno MLS

Lot Info

  • Acres: 0.1331
  • Lot Measurement: Square Feet
  • Lot Size Sq Ft: 5800.00
  • Price Per Acre: 2779864.76

Building Info

  • Year Built: 1975

Rental Info

  • TenantPays: Electricity, Gas, Cable TV

Multi Family

  • Annual Income: 41688.00
  • IncomeIncludes: Unit Rent
  • Total Units: 3

MLS Schools

  • School District 2: Fresno Unified

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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 List to Sale Price per Sq Ft Prior Sale
09/27/2019 09/27/19 Sold $370,000 0.0% $93 / Sq Ft
08/22/2019 08/22/19 Pending -- -- --
05/24/2019 05/24/19 For Sale $370,000 +25.0% $93 / Sq Ft
11/09/2017 11/09/17 Sold $296,000 0.0% $75 / Sq Ft View Prior Sale
10/01/2017 10/01/17 Pending -- -- --
09/26/2017 09/26/17 For Sale $296,000 -- $75 / Sq Ft
Source: Fresno MLS

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 $5,276 $404,645 $21,871 $382,774
2023 $5,076 $388,934 $21,023 $367,911
2022 $4,911 $381,309 $20,611 $360,698
2021 $4,777 $373,833 $20,207 $353,626
2020 $4,756 $370,000 $20,000 $350,000
2019 $3,815 $301,920 $20,400 $281,520
2018 $3,732 $296,000 $20,000 $276,000
2017 $2,450 $192,497 $25,363 $167,134
2016 $2,370 $188,723 $24,866 $163,857
2015 $2,334 $185,889 $24,493 $161,396
2014 $2,287 $182,249 $24,014 $158,235
Source: Public Records

Agents Affiliated with this Home

  • Brian Ferguson

    Seller's Agent in 2019

    Brian Ferguson

    Suite One Real Estate Services

    (805) 238-3055

    2 in this area

    54 Total Sales

    Brian Ferguson
    Section Image
  • Douglas Dart

    Buyer's Agent in 2019

    Douglas Dart

    Dart Realty

    (559) 442-4141

    2 in this area

    86 Total Sales

    Douglas Dart
    Section Image

  • D

    Buyer Co-Listing Agent in 2019

    Deanna Pellerin

    Dart Realty

  • Nicholas Guerrero

    Seller's Agent in 2017

    Nicholas Guerrero

    HomeSmart PV and Associates

    (559) 270-5733

    12 in this area

    92 Total Sales

    Nicholas Guerrero
    Section Image
  • Ed Ferguson

    Buyer's Agent in 2017

    Ed Ferguson

    HomeSmart PV and Associates

    (559) 284-1535

    2 in this area

    34 Total Sales

    Ed Ferguson
    Section Image
See All Agents

Map

Source: Fresno MLS

MLS Number: 523792

Fresno MLS

APN: 454-022-06

California Fresno County Fresno 93702 Huntington

3308 E Olive Ave, Fresno, CA

Not Listed for Sale

MultiFamily

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