$296,000
SOLD NOV 9, 2017

3308 E Olive Ave Fresno, CA 93702

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

Recently Sold

$75 Per Sq Ft

5 Days on Market

Highlights

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

About This Home

As of September 2019

Cash Cow, great return on your money! 11 percent cap rate cash and 18 percent with a loan. Located in easy to rent area Central Fresno. Convenient location near restaurants, shopping, schools, and Freeways. All three units are rented out to section 8 tenants. Two were recently rented and one is long term. Good turn over averaging 3 years. Each unit is 1320 sqft. Property is being sold as is and is ready for a new owner. All 3 are identical with indoor laundry room, 2 story, 4 bedrooms, 2 baths, central heating, and a back patio. Each have their own 1 car garage and property is fenced front and back. Do not walk grounds or disturb tenants. Make offer subject to inspection.

Last Agent to Sell the Property

Nicholas Guerrero

HomeSmart PV and Associates License #01858049 Listed on: 09/26/2017

HomeSmart PV and Associates

Last Buyer's Agent

Ed Ferguson

HomeSmart PV and Associates License #01728159

HomeSmart PV and Associates

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1975

Lot Details

  • 5,800 Sq Ft Lot

Parking

  • Garage

Home Design

  • Triplex
  • 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
  • Cooling System Mounted To A Wall/Window
  • Central Heating

Community Details

  • 3 Units
  • Gross Income $37,020

Listing and Financial Details

  • Tenant pays for electricity, gas

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: 74.75
  • Year Built Exception: 0
  • Stories: Two
  • Special Features: None
  • Year Built: 1975

Interior Features

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

Exterior Features

  • Roofing: Rolled Comp
  • Exterior: Stucco, Wood
  • Foundation: Concrete Perimeter

Garage/Parking

  • Additional Parking: Garage, One Space per Unit

Utilities

  • Gas And Electric: Public Utilities
  • Sewer/Water: Public Water, Public Sewer
  • Heat/Cool: Central Heat, Evaporative, Window or Wall A/C

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: 2223891.81

Building Info

  • Year Built: 1975

Rental Info

  • TenantPays: Electricity, Gas

Multi Family

  • Annual Income: 37020.00
  • IncomeIncludes: Unit Rent
  • Total Units: 3

MLS Schools

  • School District 2: Fresno Unified

Range of Values:

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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
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
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

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

    53 Total Sales

    Section Image
  • Douglas Dart

    Buyer's Agent in 2019

    Douglas Dart

    Dart Realty

    (559) 442-4141

    4 in this area

    107 Total Sales

    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

    11 in this area

    92 Total Sales

    Section Image
  • Ed Ferguson

    Buyer's Agent in 2017

    Ed Ferguson

    HomeSmart PV and Associates

    (559) 284-1535

    2 in this area

    36 Total Sales

    Section Image
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Map

Source: Fresno MLS

MLS Number: 490505

Fresno MLS

APN: 454-022-06

California Fresno County Fresno 93702 Huntington

3308 E Olive Ave, Fresno, CA

This home is located at 3308 E Olive Ave, Fresno, CA 93702 and is currently priced at $296,000, approximately $74 per square foot. This property was built in 1975. 3308 E Olive Ave is a home located in Fresno County with nearby schools including Miguel Hidalgo Elementary School, Yosemite Middle School, and Mclane High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Fresno MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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