NOT LISTED FOR SALE

4856 E University Ave Fresno, CA 93703

McLane Neighborhood
8 Beds
6 Baths
4,296 Sq Ft
6,500 Sq Ft Lot Lot

Sale Details

Date 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

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
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

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
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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