Joe Parks
eXp Realty of California, Inc
(559) 242-1384
54 Total Sales
1 in Huntington
$289,000 Price
4554 E Olive Ave Fresno, CA 93702
Huntington Neighborhood
3
Beds
1
Bath
852
Sq Ft
1.44
Acre 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
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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
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Huntington, CA
-
Joe Parks
-
Alejandra Charest
Alejandra Charest
Realty Concepts, Ltd. - Fresno
(559) 389-5987
134 Total Sales
4 in Huntington
$260K - $815K Price Range
-
Sarah Dresser
Sarah Dresser
HomeSmart PV and Associates
(559) 206-0617
18 Total Sales
1 in Huntington
$365,000 Price
-
Marisela Ramos
Marisela Ramos
Real Broker
(559) 395-1469
112 Total Sales
5 in Huntington
$240K - $340K Price Range
-
Nathan Yoder
Nathan Yoder
Responds QuicklyLondon Properties, Ltd.
(559) 314-6396
67 Total Sales
2 in Huntington
$239K - $345K Price Range
-
Catherine Sawatsky
Catherine Sawatsky
Cygnus Estates
(559) 354-7671
91 Total Sales
2 in Huntington
$195K - $325K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,250,000 | Fidelity National Title | ||
| Westfall Daniel | -- | None Available | |
| Westfall Daniel | -- | -- | |
| Malad Shiraz | -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $1,000,000 | ||
| Previous Owner | Westfall Daniel L | $25,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $16,958 | $1,326,510 | $928,557 | $397,953 |
| 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
Seller's Agent in 2022
Paul Gestic
Fresno Income Properties
(559) 438-9425
14 in this area
126 Total Sales
-
Roy Cordova
Buyer's Agent in 2022
Roy Cordova
Fresno Income Properties
(559) 317-4380
5 in this area
64 Total Sales
Map
Source: Fresno MLS
MLS Number: 581368
APN: 454-072-06
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