Seller's Agent in 2022
Paul Gestic
Fresno Income Properties
(559) 438-9425
12 in this area
133 Total Sales
4554 E Olive Ave Fresno, CA 93702
Huntington Neighborhood
3
Beds
1
Bath
852
Sq Ft
62,918
Sq Ft Lot
Highlights
- 1.44 Acre Lot
- Fenced Yard
- Central Air
- Corner Lot
- 1-Story Property
About This Home
As of October 2022Presenting a great investment opportunity with lots of upside potential for savvy investor that rarely becomes available. Westfall Mobile Park is family owned business for over 35 years. First time for sale as seller is looking to retire. This is a great cash flow property that will provide a great stability while adding to an existing investment portfolio. There are currently 26 spaces and 1 that has not been used for total of 27. In addition there is a 3bed/1bath home on the property that has been used as an owner residence but can be used as a an office, great for manager unit or yet another rental. The property already has over 9% CAP rate and potential pro forma CAP rate of 10.57% which is unheard of in current market. After some necessary improvements and new vision this property creates a great opportunity for hands off ownership. Please do not walk grounds and do not interrupt tenants.
Last Agent to Sell the Property
Fresno Income Properties License #01376488 Listed on: 07/12/2022
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1928
Lot Details
- 1.44 Acre Lot
- Fenced Yard
- Corner Lot
Parking
- Uncovered Parking
Home Design
- Wood Foundation
- Composition Roof
Interior Spaces
- 852 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Bathroom
Utilities
- Central Air
- Cooling System Mounted To A Wall/Window
Community Details
- 27 Units
- Gross Income $186,960
Listing and Financial Details
- Tenant pays for electricity, gas, cable TV
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
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/11/2022 10/11/22 | Sold | $1,250,000 | 0.0% | $1,467 / Sq Ft |
| 09/16/2022 09/16/22 | Pending | -- | -- | -- |
| 08/12/2022 08/12/22 | Off Market | $1,250,000 | -- | -- |
| 07/22/2022 07/22/22 | Pending | -- | -- | -- |
| 07/12/2022 07/12/22 | For Sale | $1,196,000 | -- | $1,404 / 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 | $16,958 | $1,300,500 | $910,350 | $390,150 |
| 2023 | $16,003 | $1,250,000 | $875,000 | $375,000 |
| 2022 | $4,958 | $376,148 | $188,074 | $188,074 |
| 2021 | $4,825 | $368,774 | $184,387 | $184,387 |
| 2020 | $4,805 | $364,994 | $182,497 | $182,497 |
| 2019 | $4,624 | $357,838 | $178,919 | $178,919 |
| 2018 | $4,526 | $350,822 | $175,411 | $175,411 |
| 2017 | $4,450 | $343,944 | $171,972 | $171,972 |
| 2016 | $4,307 | $337,200 | $168,600 | $168,600 |
| 2015 | $4,243 | $332,136 | $166,068 | $166,068 |
| 2014 | $4,150 | $325,630 | $162,815 | $162,815 |
Source: Public Records
Agents Affiliated with this Home
-
Paul Gestic
-
Roy Cordova
Buyer's Agent in 2022
Roy Cordova
Fresno Income Properties
(559) 317-4380
5 in this area
68 Total Sales
Map
Source: Fresno MLS
MLS Number: 581368
APN: 454-072-06
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.
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
- 4531 E Hammond Ave
- 4437 E Thomas Ave
- 4429 E Thomas Ave
- 4703 E Thomas Ave
- 4505 E Belmont Ave
- 4774 E Hammond Ave
- 4014 E Olive Ave
- 4318 E Fairfax Ave
- 4136 E Madison Ave
- 4560 E Cambridge Ave
- 2004 N Maple Ave
- 4603 E Nevada Ave
- 1315 N 8th St
- 3777 E Olive Ave
- 4873 E Pine Ave
- 4762 E Grant Ave
- 4597 E Cambridge Ave
- 1275 N 8th St
- 4546 E Nevada Ave
- 4785 E Washington Ave
- 4538 E Olive Ave
- 4576 E Olive Ave
- 4535 E Olive Ave
- 4575 E Clay Ave
- 4540 E Hammond Ave
- 4531 E Olive Ave
- 4536 E Hammond Ave
- 4530 E Hammond Ave
- 4584 E Clay Ave
- 4545 E Hammond Ave
- 4541 E Hammond Ave
- 4546 E Hedges Ave
- 4540 E Hedges Ave
- 4538 E Hedges Ave
- 4532 E Hedges Ave
- 10636 N Maple Ave
- 4486 E Hammond Ave
- 4489 E Olive Ave
- 4472 E Olive Ave
- 4475 E Olive Ave
Your Personal Tour Guide
Ask me questions while you tour the home.