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

Sale Details

Date Sold: September 25, 2024

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

16 Days on Market

Highlights

  • Central Air
  • Wood Siding
  • 5-minute walk to Reedy Park

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

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2024
Closed on
Sep 20, 2024
Sold by
Bought by
Seller's Agent
Charles Vangolds
LPT Realty, Inc
Buyer's Agent
Charles Vangolds
LPT Realty, Inc
List Price
$625,000
Sold Price
$615,000
Premium/Discount to List
-$10,000
-1.6%
Views
38

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$461,250
Interest Rate
0.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 16, 2023
Sold by
Bought by

Purchase Details

Closed on
Jan 28, 2013
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
0.0332%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 8, 2013
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
0.0332%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 26, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,250
Interest Rate
0.03%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Nov 18, 2005
Sold by
Bought by

Purchase Details

Closed on
Mar 11, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
0.0572%
Mortgage Type
Commercial

Purchase Details

Closed on
May 28, 2002
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase 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 Buyer Sale Price Title Company
$615,000 Orange Coast Title Company
-- --
-- Stewart Title Of California
$160,000 Stewart Title Of California
-- Fidelity National Title Co
-- Fidelity National Title Co
-- --
-- First American Title Ins Co
$16,500 --
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $472,500
Closed $461,250
Previous Owner $333,000
Previous Owner $241,500
Previous Owner $120,000
Previous Owner $368,250
Previous Owner $210,000
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

  • C

    Seller's Agent in 2024

    Charles Vangolds

    LPT Realty, Inc

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Map

Source: Fresno MLS

MLS Number: 615823

Fresno MLS
California Fresno County Fresno 93703 McLane

4856 E University Ave, Fresno, CA

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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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