NOT LISTED FOR SALE

4856 E University Ave Fresno, CA 93703

McLane Neighborhood
8 Beds
6 Baths
4,296 Sq Ft
6,499 Sq Ft Lot

Last Sold September 25, 2024

Last sale price $615,000 $143 Per Sq Ft

16 Days on Market

About This Home

As of September 2024

Discover an exceptional investment opportunity with this well-maintained four-plex in Fresno, CA 93703. This property features long-term tenants, ensuring a steady income stream. The complex is low maintenance and offers a high net return, making it an ideal addition to your real estate portfolio.The four units include:A two-story townhouse with 2 bedrooms and 2 bathrooms rent is $1000.A unit with 2 bedrooms and 2 bathrooms rent is $1000.Two units each with 2 bedrooms and 1 bathroom. One unit rents for $1250 and the other is $1000.The property is in excellent condition, with recent updates ensuring minimal upkeep is required. Located in a desirable area with high rental demand, this four-plex promises solid returns and hassle-free management.Call now for more details or to schedule a viewing.

Last Agent to Sell the Property

Charles Vangolds

LPT Realty, Inc License #01913647 Listed on: 07/22/2024

Last Buyer's Agent

Charles Vangolds

LPT Realty, Inc License #01913647 Listed on: 07/22/2024

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1970

Lot Details

  • 6,500

Parking

  • Covered Parking

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 4,296 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Bathrooms

Additional Features

  • 6,500 Sq Ft Lot
  • Central Air

Community Details

  • 4 Units
  • Gross Income $51,000

Listing and Financial Details

  • Tenant pays for electricity, gas

Property Details

Home Type

Multi-Family

Year Built

Built in 1970

Lot Details

6,500 Sq Ft Lot

Listing Details

  • Type: Multi Family
  • Property Sub Type: Quadruplex
  • Price Per Square Foot: 143.16
  • Year Built Exception: 0
  • Stories: Two
  • Special Features: None
  • Year Built: 1970

Interior Features

  • Fireplace: None
  • Bathrooms: 6.00
  • Bedrooms: 8
  • Square Footage: 4296.00

Exterior Features

  • Roofing: Composition
  • Exterior: Stucco, Wood, Brick
  • Foundation: Concrete Perimeter

Garage/Parking

  • Additional Parking: Covered

Utilities

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

Condo/Co-op/Association

  • Association: Fresno MLS

Lot Info

  • Acres: 0.1492
  • Lot Measurement: Square Feet
  • Lot Size Sq Ft: 6500.00
  • Price Per Acre: 4121983.91

Building Info

  • Year Built: 1970

Rental Info

  • TenantPays: Electricity, Gas

Multi Family

  • Annual Income: 51000.00
  • IncomeIncludes: Unit Rent
  • Total Units: 4

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
09/25/2024 09/25/24 Sold $615,000 -1.6% $143 / Sq Ft
08/07/2024 08/07/24 Pending -- -- --
07/22/2024 07/22/24 For Sale $625,000 -- $145 / 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 $7,997 $615,000 $50,000 $565,000
2023 $5,870 $189,367 $23,667 $165,700
2022 $2,422 $185,654 $23,203 $162,451
2021 $2,357 $182,015 $22,749 $159,266
2020 $2,347 $180,149 $22,516 $157,633
2019 $2,258 $176,618 $22,075 $154,543
2018 $2,210 $173,156 $21,643 $151,513
2017 $2,173 $169,762 $21,219 $148,543
2016 $2,102 $166,434 $20,803 $145,631
2015 $2,071 $163,935 $20,491 $143,444
2014 $2,033 $160,725 $20,090 $140,635
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Fresno MLS

MLS Number: 615823

Fresno MLS
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