$2,400,000
SOLD DEC 19, 2024
21 Beds
20 Baths
14,286 Sq Ft
1.21 Acres

Recently Sold

$168 Per Sq Ft

4% Below List Price

22 Days on Market

Highlights

  • 1.21 Acre Lot
  • Fireplace
  • Central Air
  • Fenced Yard
  • 1-Story Property

About This Home

As of December 2024

Investment opportunity within walking distance of charming Fig Garden with a 10-unit apartment complex on 1.16 acres. There is one unit with three bedrooms and two bathrooms (approximately 1700 sf) and nine units with two bedrooms and two bathrooms (approximately 1500 sf each). Per Owner. All units are single-story and have a fireplace, washer/dryer hookups and a two-car garage. Additionally, nestled amongst the mature landscaping, you will find a center courtyard with an inground pool and water fountain. Current rents are low due to long term tenants, but have the potential for increase of $250-$650/per month, per unit. Complex is 100% occupied.

Last Agent to Sell the Property

Curtis Page

C W Page & Associates Inc License #00600830 Listed on: 06/21/2024

Co-Listed By

Stephanie McGrew

C W Page & Associates Inc License #02147171

Last Buyer's Agent

Rama Ambati

Ambati Properties License #00919580

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1975

Lot Details

  • 1.21 Acre Lot
  • Fenced Yard
  • Front and Back Yard Sprinklers

Parking

  • Uncovered Parking

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 14,286 Sq Ft Home
  • 1-Story Property
  • Fireplace

Bedrooms and Bathrooms

  • 21 Bedrooms
  • 20 Bathrooms

Utilities

  • Central Air

Listing and Financial Details

  • Tenant pays for all utilities

Community Details

Overview

  • 5 Buildings
  • 10 Units

Building Details

  • Gross Income $168,600

Property Details

Home Type

Multi-Family

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Type: Multi Family
  • Property Sub Type: 5 to 15 Units
  • Price Per Square Foot: 168.00
  • Year Built Exception: 0
  • Stories: One
  • Special Features: None
  • Year Built: 1975

Interior Features

  • Dishwasher: All Units
  • Disposal: All units
  • Fireplace: One Unit
  • Stove: All units
  • Bathrooms: 20.00
  • Bedrooms: 21
  • Facilities: Pool
  • Square Footage: 14286.00

Exterior Features

  • Yard: Sprinkler - Front, Sprinkler - Back, Sprinkler - Auto, Fenced, Mature Landcsape
  • Roofing: Composition
  • Exterior: Stucco
  • Foundation: Concrete Perimeter

Garage/Parking

  • Additional Parking: Uncovered

Utilities

  • Gas And Electric: Public Utilities
  • Sewer/Water: Public Water
  • Heat/Cool: Central Heat/Cool

Condo/Co-op/Association

  • Association: Fresno MLS

Lot Info

  • Acres: 1.2052
  • Lot Measurement: Square Feet
  • Lot Size Sq Ft: 52500.00
  • Price Per Acre: 1991370.73

Building Info

  • Year Built: 1975

Rental Info

  • TenantPays: All Utilities

Multi Family

  • Annual Income: 168600.00
  • IncomeIncludes: Month to Month, Lease, Both
  • Total Units: 10

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
12/19/2024 12/19/24 Sold $2,400,000 -4.0% $168 / Sq Ft
07/13/2024 07/13/24 Pending -- -- --
06/21/2024 06/21/24 For Sale $2,500,000 -- $175 / Sq Ft
Source: Fresno MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Fresno MLS

MLS Number: 614404

Fresno MLS