Seller's Agent in 2017
Michael Garabedian
London Properties, Ltd.
(559) 436-4065
4 in this area
56 Total Sales
3928 E Olive Ave Fresno, CA 93702
Huntington Neighborhood
24
Beds
16
Baths
7,200
Sq Ft
1985
Built
Highlights
- Heated Floors
- Garage
- Wood Siding
- Refrigerated and Evaporative Cooling System
About This Home
As of June 2017This sale is for 2 fourplexes that are being sold together in a package - 3928 E Olive (APN# 454-051-31) and 3938 E Olive (APN#454-051-32). The two properties share a common driveway and perimeter fence and have essentially been maintained and run as an 8 unit property. All units are 3 bedroom and 2 bath and feature a detached 1 car garage. Currently the property is fully occupied and has a gross monthly income of $5,380. That said, there is seemingly room to increase the monthly income here as the three most recently occupied units were rented for $750, $750 and $890 per month. At $60k/door for 3 bedroom 2 bath units, this property should be a serious consideration for all investors currently in the market for income property.
Last Agent to Sell the Property
London Properties, Ltd. License #01189466 Listed on: 03/23/2017
Co-Listed By
Bobby Ward
Keller Williams Fresno License #01350825
Last Buyer's Agent
London Properties, Ltd. License #01189466 Listed on: 03/23/2017
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1985
Parking
- Garage
Home Design
- Composition Roof
- Wood Siding
- Concrete Perimeter Foundation
Interior Spaces
- 7,200 Sq Ft Home
- 2-Story Property
- Heated Floors
Bedrooms and Bathrooms
- 24 Bedrooms
- 16 Bathrooms
Utilities
- Refrigerated and Evaporative Cooling System
- Cooling System Mounted To A Wall/Window
Community Details
- 8 Units
- Gross Income $72,000
Listing and Financial Details
- Tenant pays for electricity, gas
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/16/2017 06/16/17 | Sold | $480,000 | 0.0% | $67 / Sq Ft |
| 06/08/2017 06/08/17 | Pending | -- | -- | -- |
| 03/23/2017 03/23/17 | For Sale | $480,000 | -- | $67 / Sq Ft |
Source: Fresno MLS
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 | $3,664 | $278,533 | $29,011 | $249,522 |
| 2023 | $3,526 | $267,720 | $27,886 | $239,834 |
| 2022 | $3,413 | $262,472 | $27,340 | $235,132 |
| 2021 | $3,320 | $257,326 | $26,804 | $230,522 |
| 2020 | $3,306 | $254,689 | $26,530 | $228,159 |
| 2019 | $3,180 | $249,696 | $26,010 | $223,686 |
| 2018 | $3,112 | $244,800 | $25,500 | $219,300 |
| 2017 | $2,051 | $159,197 | $20,259 | $138,938 |
| 2016 | $1,985 | $156,076 | $19,862 | $136,214 |
| 2015 | $1,955 | $153,732 | $19,564 | $134,168 |
| 2014 | $1,912 | $150,721 | $19,181 | $131,540 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Garabedian
-
B
Seller Co-Listing Agent in 2017
Bobby Ward
Keller Williams Fresno
Map
Source: Fresno MLS
MLS Number: 479462
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