NOT LISTED FOR SALE

482 W Spruce Ave Fresno, CA 93650

8 Beds
4 Baths
2,832 Sq Ft
7,625 Sq Ft Lot

Last Sold June 23, 2017

Last sale price $347,500 $123 Per Sq Ft

14 Days on Market

Highlights

  • Heated Floors
  • Fenced Yard
  • Refrigerated and Evaporative Cooling System
  • Nelson Elementary School Rated A-
  • 1-Story Property

About This Home

As of June 2017

This a great opportunity to purchase 4 clean rental units at the corner of Spruce and Ingram less than a block from the North Fresno Walmart and directly on a Fresno FAX bus transit route. The complex comprises of two separate buildings (2 duplexes) with each unit offering 2 bedroom/ 1 bathroom and indoor laundry hookups. All four units are separately metered for electrical and gas utilities. These units are in the highly sought after Clovis Unified School District and a short walk from Fresno's River Park Shopping Area. They are located close to everything making it very easy to rent and stay rented. The Ingram Avenue corridor has been developing into a nice mixed use area opening possibilities of other future land uses. All units are currently occupied.

Last Agent to Sell the Property

Hal Biltz

London Properties, Ltd. License #01335564 Listed on: 04/18/2017

London Properties, Ltd.

Last Buyer's Agent

Paul Tatarian

The Apex Broker, Inc License #02004998

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956

Lot Details

  • 7,625 Sq Ft Lot
  • Fenced Yard

Home Design

  • Quadruplex
  • Wood Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,832 Sq Ft Home
  • 1-Story Property
  • Heated Floors

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • Carport
  • Uncovered Parking

Utilities

  • Refrigerated and Evaporative Cooling System
  • Cooling System Mounted To A Wall/Window

Community Details

  • 4 Units
  • Gross Income $33,600

Listing and Financial Details

  • Tenant pays for electricity, gas

Property Details

Home Type

Multi-Family

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Type: Multi Family
  • Property Sub Type: Quadruplex
  • Price Per Square Foot: 122.70
  • Year Built Exception: 0
  • Stories: One
  • Special Features: None
  • Year Built: 1956

Interior Features

  • Fireplace: None
  • Bathrooms: 4.00
  • Bedrooms: 8
  • Square Footage: 2832.00

Exterior Features

  • Yard: Fenced
  • Roofing: Composition
  • Exterior: Stucco
  • Foundation: Wood Subfloor

Garage/Parking

  • Additional Parking: Carport, Uncovered, One Space per Unit

Utilities

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

Condo/Co-op/Association

  • Association: Fresno MLS

Lot Info

  • Acres: 0.1750
  • Lot Measurement: Square Feet
  • Lot Size Sq Ft: 7625.00
  • Price Per Acre: 1985714.29

Building Info

  • Year Built: 1956

Rental Info

  • TenantPays: Electricity, Gas

Multi Family

  • Annual Income: 33600.00
  • IncomeIncludes: Unit Rent
  • Total Units: 4

MLS Schools

  • School District 2: Clovis Unified

Range of Values:

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Average Value
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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
06/23/2017 06/23/17 Sold $347,500 0.0% $123 / Sq Ft
05/02/2017 05/02/17 Pending -- -- --
04/18/2017 04/18/17 For Sale $347,500 -- $123 / Sq Ft
Source: Fresno MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Fresno MLS

MLS Number: 481009

Fresno MLS