NOT LISTED FOR SALE
39 Beds
23 Baths
15,968 Sq Ft
0.66 Acres

Last Sold August 08, 2022

Last sale price $2,380,000 $149 Per Sq Ft

118 Days on Market

About This Home

As of August 2022

Updated rents. $190,000 per year in gross income. 19 Units in Fresno Fully occupied. This property has a unit mix of 4-3/2, 12-2/1, 3-1/1, gated with automatic opener, pool, laundry room, carports, and plenty of storage space. Perfect blend of long term tenants and some newer occupants. This property is a perfect opportunity to expand and add value to your portfolio. Please contact your agent for more information, do not walk the grounds or disturb the tenants. Submit offer subject to walk through inspection.

Last Agent to Sell the Property

Ismael Aramburu

Paul Gestic, Broker/ Referral License #01997498 Listed on: 01/24/2022

Last Buyer's Agent

William Richardson

Advanced Asset Advisers, Inc. License #01924226

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 0.66 Acre Lot

Parking

  • Carport

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 15,968 Sq Ft Home
  • 2-Story Property
  • Second Stove
  • Leased Washer and Dryer

Bedrooms and Bathrooms

  • 39 Bedrooms
  • 23 Bathrooms

Utilities

  • Central Air
  • Cooling System Mounted To A Wall/Window

Community Details

  • 19 Units
  • Gross Income $189,498

Listing and Financial Details

  • Tenant pays for electricity, gas

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0.66 Acres

Listing Details

  • Type: Multi Family
  • Property Sub Type: 16 Units & More
  • Price Per Square Foot: 149.05
  • Year Built Exception: 0
  • Stories: Two
  • Leased Equipment: Washer/Dryer (s)
  • Special Features: None
  • Year Built: 1963

Interior Features

  • Fireplace: None
  • Refrigerator: More than One Unit
  • Stove: More than One unit
  • Bathrooms: 23.00
  • Bedrooms: 39
  • Square Footage: 15968.00

Exterior Features

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

Garage/Parking

  • Additional Parking: Carport

Utilities

  • Gas And Electric: Public Utilities
  • Sewer/Water: Public Water, Public Sewer
  • Heat/Cool: Central Heat/Cool, Window or Wall A/C

Condo/Co-op/Association

  • Association: Fresno MLS

Lot Info

  • Acres: 0.6612
  • Lot Measurement: Square Feet
  • Lot Size Sq Ft: 28800.00
  • Price Per Acre: 3599516.03

Building Info

  • Year Built: 1963

Rental Info

  • TenantPays: Electricity, Gas

Multi Family

  • Annual Income: 189498.20
  • IncomeIncludes: Unit Rent, Laundry, Month to Month, Lease, Both
  • Total Units: 19

MLS Schools

  • School District 2: Fresno Unified
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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 List to Sale Price per Sq Ft Prior Sale
08/08/2022 08/08/22 Sold $2,380,000 -0.6% $149 / Sq Ft
05/22/2022 05/22/22 Pending -- -- --
05/12/2022 05/12/22 Price Changed $2,395,000 -2.2% $150 / Sq Ft
04/26/2022 04/26/22 For Sale $2,450,000 +2.9% $153 / Sq Ft
04/26/2022 04/26/22 Off Market $2,380,000 -- --
01/24/2022 01/24/22 For Sale $2,450,000 +51.7% $153 / Sq Ft
06/01/2020 06/01/20 Sold $1,615,000 0.0% $101 / Sq Ft View Prior Sale
12/19/2019 12/19/19 Pending -- -- --
04/12/2019 04/12/19 For Sale $1,615,000 -- $101 / 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 $32,434 $2,476,152 $130,050 $2,346,102
2023 $31,208 $2,380,000 $125,000 $2,255,000
2022 $21,672 $1,664,364 $111,300 $1,553,064
2021 $21,086 $1,631,730 $109,118 $1,522,612
2020 $8,620 $641,999 $114,120 $527,879
2019 $8,302 $629,412 $111,883 $517,529
2018 $8,130 $617,072 $109,690 $507,382
2017 $7,996 $604,974 $107,540 $497,434
2016 $7,744 $593,113 $105,432 $487,681
2015 $7,632 $584,205 $103,849 $480,356
2014 $7,463 $572,762 $101,815 $470,947
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Fresno MLS

MLS Number: 571987

Fresno MLS
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