NOT LISTED FOR SALE

4420 E Sierra Madre Ave Fresno, CA 93726

Hoover Neighborhood
33 Beds
29 Baths
13,914 Sq Ft
0.73 Acres

Last Sold April 09, 2015

Last sale price $1,075,000 $77 Per Sq Ft

273 Days on Market

Highlights

  • Heated Floors
  • Corner Lot
  • Wood Siding
  • 0.73 Acre Lot
  • Central Air

About This Home

As of April 2015

Excellent location near Fresno State! The cap rate is 8.5% & 13.72% cash on cash return based on actual 2013 expenses with existing rents. This offering is for two adjacent apartment complexes. The complex on the corner of Rowell and Sierra Madre is a nine unit complex that is comprised of four(4) 2 bed / 1 bath and five(5) 1 bed / 1 bath units. The building is stick frame construction with composition shingle roofs, stucco siding on a concrete slab. Cooling is provided by evaporation coolers and heating is provided by wall furnaces. The complex next door APN#430-080-15, built in 1987, is a 10 unit two story structure that is comprised of all 2 bed/2 bath units. The building is stick frame construction with composition shingle roofs, wood siding on a concrete slab. Heating and cooling are provided by forced air systems.

Last Agent to Sell the Property

John Suzuki

James Hendricks & Assoc. Inc License #01330264 Listed on: 05/14/2014

Last Buyer's Agent

Sandeep Sekhon

Sandeep Sekhon, Broker License #01857127

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 0.73 Acre Lot
  • Corner Lot
  • Front Yard Sprinklers

Parking

  • Covered Parking

Home Design

  • Composition Roof
  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 13,914 Sq Ft Home
  • 2-Story Property
  • Heated Floors

Bedrooms and Bathrooms

  • 33 Bedrooms
  • 29 Bathrooms

Utilities

  • Central Air
  • Refrigerated and Evaporative Cooling System

Listing and Financial Details

  • Tenant pays for electricity, gas, cable TV

Community Details

Overview

  • 2 Buildings
  • 19 Units

Building Details

  • Gross Income $146,720

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Type: Multi Family
  • Property Sub Type: 16 Units & More
  • Property Sub Type 2: 5 to 15 Units
  • Price Per Square Foot: 77.26
  • Year Built Exception: 0
  • Stories: Two
  • Special Features: None
  • Year Built: 1961

Interior Features

  • Stove: All units
  • Bathrooms: 29.00
  • Bedrooms: 33
  • Square Footage: 13914.00

Exterior Features

  • Yard: Sprinkler - Front
  • Roofing: Composition
  • Exterior: Wood, Shingle
  • Foundation: Concrete Perimeter

Garage/Parking

  • Additional Parking: Covered, One Space per Unit

Utilities

  • Gas And Electric: Public Utilities, Natural Gas
  • Sewer/Water: Public Water, Public Sewer
  • Heat/Cool: Central Heat/Cool, Evaporative, Floor or Wall Heat

Condo/Co-op/Association

  • Association: Fresno MLS

Association/Amenities

  • Site Amenities: Corner

Lot Info

  • Acres: 0.7252
  • Lot Measurement: Square Feet
  • Lot Size Sq Ft: 31590.00
  • Price Per Acre: 1482349.70

Building Info

  • Year Built: 1961

Rental Info

  • TenantPays: Electricity, Gas, Cable TV

Multi Family

  • Annual Income: 146720.00
  • IncomeIncludes: Unit Rent, Laundry, Month to Month, Lease
  • Total Units: 19

MLS Schools

  • School District 2: Fresno Unified

Range of Values:

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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 List to Sale Price per Sq Ft
04/09/2015 04/09/15 Sold $1,075,000 0.0% $77 / Sq Ft
02/11/2015 02/11/15 Pending -- -- --
05/14/2014 05/14/14 For Sale $1,075,000 -- $77 / Sq Ft
Source: Fresno MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • John Suzuki

    Seller's Agent in 2015

    John Suzuki

    James Hendricks & Assoc. Inc

    (559) 351-5757

    1 in this area

    2 Total Sales

    John Suzuki
    Section Image

  • S

    Buyer's Agent in 2015

    Sandeep Sekhon

    Sandeep Sekhon, Broker

    (323) 375-4066

    2 Total Sales

    Sandeep Sekhon
    Section Image
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Map

Source: Fresno MLS

MLS Number: 426113

Fresno MLS
California Fresno County Fresno 93726 Hoover

4420 E Sierra Madre Ave, Fresno, CA

This home is located at 4420 E Sierra Madre Ave, Fresno, CA 93726 since 14 May 2014. This property was built in 1961. 4420 E Sierra Madre Ave is a home located in Fresno County with nearby schools including Vinland Elementary School, Tioga Middle School, and Herbert Hoover 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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