NOT LISTED FOR SALE

4550 E Fountain Way Fresno, CA 93726

McLane Neighborhood
16 Beds
16 Baths
8,836 Sq Ft
0.57 Acres

Last Sold August 01, 2018

Last sale price $930,000 $105 Per Sq Ft

56 Days on Market

Highlights

  • 0.57 Acre Lot
  • Central Air
  • Wood Siding
  • 1-Story Property

About This Home

As of August 2018

Rear to find complex at offered at $62,000 per unit. Rents are well below market and can be increased for greater ROI. The entire property consists of 16 easy to rent 1 bedroom / 1 bathroom units (approx 550 sq. ft.). There are four single story buildings. Property is conveniently located one block from a Highway 168 on ramp. Recently most of the units have been turned over. There are 16 covered and 8 uncovered parking stalls. On site laundry facility provides additional income. Please do not walk the grounds and disturb tenants. All offers are subject to walk through inspection.

Last Agent to Sell the Property

Paul Gestic

Fresno Income Properties License #01376488 Listed on: 05/04/2018

Last Buyer's Agent

Nonmember Nonmember

Nonmember

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1978

Lot Details

  • 0.57

Home Design

  • Tile Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 8,836 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 16 Bathrooms

Parking

  • Covered Parking
  • Uncovered Parking

Additional Features

  • 0.57 Acre Lot
  • Central Air

Listing and Financial Details

  • Tenant pays for electricity, gas

Community Details

Overview

  • 4 Buildings
  • 16 Units

Building Details

  • Gross Income $101,700

Property Details

Home Type

Multi-Family

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Type: Multi Family
  • Property Sub Type: 16 Units & More
  • Price Per Square Foot: 105.25
  • Year Built Exception: 0
  • Stories: One
  • Special Features: None
  • Year Built: 1978

Interior Features

  • Dishwasher: None
  • Disposal: None
  • Fireplace: None
  • Refrigerator: All Units
  • Stove: All units
  • Bathrooms: 16.00
  • Bedrooms: 16
  • Square Footage: 8836.00

Exterior Features

  • Roofing: Tile
  • Exterior: Wood
  • Foundation: Concrete Perimeter

Garage/Parking

  • Additional Parking: Covered, Uncovered

Utilities

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

Condo/Co-op/Association

  • Association: Fresno MLS

Schools

  • School District: Fresno Unified

Lot Info

  • Acres: 0.5739
  • Lot Measurement: Square Feet
  • Lot Size Sq Ft: 25000.00
  • Price Per Acre: 1620491.37

Building Info

  • Year Built: 1978

Rental Info

  • TenantPays: Electricity, Gas

Multi Family

  • Annual Income: 101700.00
  • IncomeIncludes: Unit Rent, Laundry
  • Total Units: 16

MLS Schools

  • School District: Fresno Unified

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 Prior Sale
08/01/2018 08/01/18 Sold $930,000 0.0% $105 / Sq Ft
06/29/2018 06/29/18 Pending -- -- --
05/04/2018 05/04/18 For Sale $930,000 +61.7% $105 / Sq Ft
01/05/2017 01/05/17 Sold $575,000 0.0% $65 / Sq Ft View Prior Sale
06/30/2016 06/30/16 Pending -- -- --
06/17/2016 06/17/16 For Sale $575,000 -- $65 / Sq Ft
Source: Fresno MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Paul Gestic

    Seller's Agent in 2018

    Paul Gestic

    Fresno Income Properties

    (559) 438-9425

    12 in this area

    140 Total Sales

    Paul Gestic
    Section Image

  • N

    Buyer's Agent in 2018

    Nonmember Nonmember

    Nonmember

  • Roy Cordova

    Buyer Co-Listing Agent in 2017

    Roy Cordova

    Fresno Income Properties

    (559) 317-4380

    5 in this area

    72 Total Sales

    Roy Cordova
    Section Image
See All Agents

Map

Source: Fresno MLS

MLS Number: 502038

Fresno MLS
California Fresno County Fresno 93726 McLane

4550 E Fountain Way, Fresno, CA

This home is located at 4550 E Fountain Way, Fresno, CA 93726 since 04 May 2018. This property was built in 1978. 4550 E Fountain Way is a home located in Fresno County with nearby schools including Norseman Elementary School, Scandinavian Middle School, and Mclane 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.

Nearby Homes