NOT LISTED FOR SALE
5 Beds
4 Baths
2,906 Sq Ft
9,100 Sq Ft Lot

Last Sold August 24, 2022

Last sale price $420,000 $145 Per Sq Ft

29 Days on Market

About This Home

As of August 2022

This fully occupied, income producing 4-plex is a great investment for a new investor or an addition to a portfolio. One Large 2 bedroom unit and three 1 bedroom units. Each unit has their own 1-car garage, which tenants mostly use for storage. All offers are subject to inspection, please do not walk the grounds and do not disturb tenants.

Last Agent to Sell the Property

Vincent Vazquez

Esposo Properties License #02037953 Listed on: 05/05/2022

Last Buyer's Agent

RECIP

Out of Area Office License #00000000

Property Details

Home Type

  • Multi-Family

Year Built

  • 1948

Lot Details

  • 9,100 Sq Ft Lot

Parking

  • 4 Car Detached Garage

Home Design

  • 2,906 Sq Ft Home
  • Quadruplex
  • Raised Foundation
  • Composition Roof

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $42,804
  • Month-to-Month Lease Term

Community Details

Overview

  • 2,906 Sq Ft Building

Building Details

  • 4 Leased Units
  • Gardener Expense $1,200
  • Manager Expense $2,400
  • Utility Expense $2,968
  • Operating Expense $6,568
  • Gross Income $42,804

Property Details

Home Type

Multi-Family

Year Built

1948

Lot Details

0

Parking

4

Listing Details

  • Zoning: RM1
  • Subclass: Fourplex
  • Age: 74
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2906
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1948

Interior Features

  • Living Sq Ft: 2906

Exterior Features

  • Foundation: Raised
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 4
  • Garage Parking Features: Attached Garage, Detached Garage

Utilities

  • Cooling System: Window / Wall Unit
  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Fresno Unified
  • Elementary School: Birney Elementary
  • Middle School: Scandinavian Middle
  • High School: McLane High
  • High School: 25610
  • Elementary School: 25615
  • Middle School: 25653

Lot Info

  • Lot Acres: 0.2089
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9100.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 9100.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease, Month To Month
  • Gross Rent Multiplier: 10.00
  • Number Of Leased: 4

Multi Family

  • Utilities: Public Utilities
  • Expense Landscape: 1200
  • Expense Management: 2400
  • Expenses Total: 6568
  • Expenses Utility: 2968
  • Income Annual Gross: 42804.00
  • Income Annual Rental: 42804
  • Income Gross Scheduled: 42804
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 2
  • Operating Expenses Include: Insurance, Maintenance, Utilities
  • Tenant Expenses: Utilities - Electric, Utilities - Gas

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
08/24/2022 08/24/22 Sold $420,000 -1.9% $145 / Sq Ft
06/04/2022 06/04/22 Pending -- -- --
05/23/2022 05/23/22 For Sale $428,000 0.0% $147 / Sq Ft
05/20/2022 05/20/22 Pending -- -- --
05/05/2022 05/05/22 For Sale $428,000 +20.6% $147 / Sq Ft
09/15/2020 09/15/20 Sold $355,000 0.0% $122 / Sq Ft
07/15/2020 07/15/20 Pending -- -- --
07/10/2020 07/10/20 For Sale $355,000 -- $122 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81890151

MLSListings