NOT LISTED FOR SALE

3468 S Frank Ave Fresno, CA 93725

5 Beds
5 Baths
468 Sq Ft
0.34 Acres

Last Sold July 21, 2023

Last sale price $450,000 $962 Per Sq Ft

23 Days on Market

Highlights

  • Heated Floors
  • Corner Lot
  • Wood Siding
  • 0.34 Acre Lot
  • 1-Story Property
  • 2-minute walk to Arriaga Community Center

About This Home

As of July 2023

Great opportunity to own 5 individual rental properties! These individual houses are located on a 15,000 sqft corner lot, minutes away from FWY 99. Each property is approximately 468sqft, each with 1 bedroom & 1 bath. Potential rent income from Section 8 is $1272 per house, totaling $6360 per month, $76,320 per year. Current rents are below market rate. Also near Malaga Community Park & Recreation Center which has pool, soccer field and play ground. Make a contingency offer subject to inspection.

Last Agent to Sell the Property

Judy Rangel-Ramos

Coldwell Banker Residential Br License #01488527 Listed on: 05/05/2023

Coldwell Banker Residential Br

Last Buyer's Agent

Guadalupe Rodriguez

M.C. Real Estate Corp License #01875549

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 0.34 Acre Lot
  • Corner Lot

Home Design

  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 468 Sq Ft Home
  • 1-Story Property
  • Heated Floors

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window

Community Details

  • 5 Units
  • Gross Income $76,320

Listing and Financial Details

  • Tenant pays for electricity, gas

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Type: Multi Family
  • Property Sub Type: 5 to 15 Units
  • Price Per Square Foot: 961.54
  • Year Built Exception: 0
  • Stories: One
  • Special Features: None
  • Year Built: 1958

Interior Features

  • Fireplace: None
  • Bathrooms: 5.00
  • Bedrooms: 5
  • Square Footage: 468.00

Exterior Features

  • Yard: Mature Landcsape
  • Roofing: Composition, Rolled Comp
  • Exterior: Wood
  • Foundation: Concrete Perimeter

Utilities

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

Condo/Co-op/Association

  • Association: Fresno MLS

Association/Amenities

  • Site Amenities: Corner

Lot Info

  • Acres: 0.3444
  • Lot Measurement: Square Feet
  • Lot Size Sq Ft: 15000.00
  • Price Per Acre: 1306620.21

Building Info

  • Year Built: 1958

Rental Info

  • TenantPays: Electricity, Gas

Multi Family

  • Annual Income: 76320.00
  • IncomeIncludes: Unit Rent
  • Total Units: 5

MLS Schools

  • School District 2: Fowler Unified

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
07/21/2023 07/21/23 Sold $450,000 -14.3% $962 / Sq Ft
05/28/2023 05/28/23 Pending -- -- --
05/05/2023 05/05/23 For Sale $525,000 -- $1,122 / Sq Ft
Source: Fresno MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    Judy Rangel-Ramos

    Coldwell Banker Residential Br

    (559) 650-7355

    1 in this area

    52 Total Sales

    Judy Rangel-Ramos
    Section Image

  • G

    Buyer's Agent in 2023

    Guadalupe Rodriguez

    M.C. Real Estate Corp

    (559) 312-5736

    1 in this area

    43 Total Sales

    Guadalupe Rodriguez
    Section Image
See All Agents

Map

Source: Fresno MLS

MLS Number: 594041

Fresno MLS

California Fresno County Fresno 93725

3468 S Frank Ave, Fresno, CA

This home is located at 3468 S Frank Ave, Fresno, CA 93725 since 05 May 2023. This property was built in 1958. 3468 S Frank Ave is a home located in Fresno County with nearby schools including Malaga Elementary School, John Sutter Middle School, and Fowler 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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