$895,000
SOLD OCT 29, 2014

460 N Park Ave Fresno, CA 93701

Lowell Neighborhood
32 Beds
19 Baths
13,624 Sq Ft
0.81 Acres

Recently Sold

$66 Per Sq Ft

64 Days on Market

Highlights

  • 0.81 Acre Lot
  • 1-Story Property
  • Central Air

About This Home

As of September 2016

The property features a mix of (13) 2 bedroom 1 bath units and (6) 1 bedroom 1 bath units all with covered carport parking. There are also coin-op laundry facilities on site creating additional income opportunity. All units feature central HVAC (many of which are newly replaced) and the overall condition of the property is average to good with the current owner having rehabbed many units over the past few years. The occupancy levels are stable and there is an opportunity to increase rents over time as most of the current rents are below the market. Asking rents are now $550 for 1 bedroom 1 bath units and $600 for 2 bedroom 1 bath units within the complex and the seller has begun to realize those amounts.

Last Agent to Sell the Property

Michael Garabedian

London Properties, Ltd. License #01189466 Listed on: 08/18/2014

London Properties, Ltd.

Co-Listed By

Bobby Ward

Keller Williams Fresno License #01350825

Last Buyer's Agent

Eric Cogdill

London Properties-Clovis License #00699269

London Properties-Clovis

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Parking

  • Carport

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 13,624 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 32 Bedrooms
  • 19 Bathrooms

Additional Features

  • 0.81 Acre Lot
  • Central Air

Community Details

  • 19 Units
  • Gross Income $121,205

Listing and Financial Details

  • Tenant pays for electricity, gas

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Type: Multi Family
  • Property Sub Type: 16 Units & More
  • Price Per Square Foot: 65.69
  • Year Built Exception: 0
  • Stories: One
  • Special Features: None
  • Year Built: 1962

Interior Features

  • Bathrooms: 19.00
  • Bedrooms: 32
  • Square Footage: 13624.00

Exterior Features

  • Roofing: Composition
  • Exterior: Stucco
  • Foundation: Concrete Perimeter

Garage/Parking

  • Additional Parking: Carport, One Space per Unit

Utilities

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

Condo/Co-op/Association

  • Association: Fresno MLS

Lot Info

  • Acres: 0.8092
  • Lot Measurement: Square Feet
  • Lot Size Sq Ft: 35250.00
  • Price Per Acre: 1106030.65

Building Info

  • Year Built: 1962

Rental Info

  • TenantPays: Electricity, Gas

Multi Family

  • Annual Income: 121205.00
  • IncomeIncludes: Unit Rent, Laundry
  • 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 Change Sq Ft Price
09/07/2016 09/07/16 Sold $855,000 0.0% $63 / Sq Ft
07/13/2016 07/13/16 Pending -- -- --
11/20/2015 11/20/15 For Sale $855,000 -4.5% $63 / Sq Ft
10/29/2014 10/29/14 Sold $895,000 0.0% $66 / Sq Ft
10/21/2014 10/21/14 Pending -- -- --
08/18/2014 08/18/14 For Sale $895,000 -- $66 / Sq Ft
Source: Fresno MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Eric Cogdill

    Seller's Agent in 2016

    Eric Cogdill

    London Properties-Clovis

    (559) 917-3246

    50 Total Sales

    Eric Cogdill
    Section Image

  • D

    Buyer's Agent in 2016

    Daniel Jelladian

    Daniel Jelladian, Broker

    Section Image
  • Michael Garabedian

    Seller's Agent in 2014

    Michael Garabedian

    London Properties, Ltd.

    (559) 436-4065

    2 in this area

    62 Total Sales

    Michael Garabedian
    Section Image

  • B

    Seller Co-Listing Agent in 2014

    Bobby Ward

    Keller Williams Fresno

See All Agents

Map

Source: Fresno MLS

MLS Number: 431148

Fresno MLS
California Fresno County Fresno 93701 Lowell

460 N Park Ave, Fresno, CA

This home is located at 460 N Park Ave, Fresno, CA 93701 and is currently priced at $895,000, approximately $65 per square foot. This property was built in 1962. 460 N Park Ave is a home located in Fresno County with nearby schools including Lowell Elementary School, Tehipite Middle School, and Roosevelt 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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