NOT LISTED FOR SALE

511 N Yosemite Ave Unit A-E Fresno, CA 93728

Lowell Neighborhood
4 Beds
5 Baths
2,630 Sq Ft
3,750 Sq Ft Lot

Last Sold July 12, 2019

Last sale price $325,000 $124 Per Sq Ft

18 Days on Market

About This Home

As of July 2019

Great 5 unit complex in the heart of the revitalized Downtown Fresno area, close to schools, dining, and shopping. This complex features 5 units, 4 of them showcasing 1 bedroom and 1 bathroom, while the 5th is a studio apartment. Onsite, there are 4 covered and gated parking stalls, a spacious storage room that can potentially be added to an apartment as a second bedroom, and a utility room with a non coin operated washer and dryer for tenant's convenience. There is great investor upside potential. 9%+ Cap Rate at only $66,000 per unit! Tenants are long term, stable, and there is room to increase rents in this beautiful tower district 5 unit complex!

Last Listed By

Warren Fortier

Real Broker License #01352719 Listed on: 05/02/2019

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1953

Lot Details

  • 3,750

Parking

  • Carport

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 2,630 Sq Ft Home
  • 2-Story Property
  • Heated Floors

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Bathrooms

Additional Features

  • 3,750 Sq Ft Lot
  • Cooling System Mounted To A Wall/Window

Community Details

  • 5 Units
  • Gross Income $36,600

Listing and Financial Details

  • Tenant pays for electricity, gas

Property Details

Home Type

Multi-Family

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Type: Multi Family
  • Property Sub Type: 5 to 15 Units
  • Price Per Square Foot: 123.57
  • Year Built Exception: 0
  • Stories: Two
  • Special Features: None
  • Year Built: 1953

Interior Features

  • Fireplace: None
  • Bathrooms: 5.00
  • Bedrooms: 4
  • Facilities: Utility Room
  • Square Footage: 2630.00

Exterior Features

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

Garage/Parking

  • Additional Parking: Carport, Covered

Utilities

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

Condo/Co-op/Association

  • Association: Fresno MLS

Association/Amenities

  • Unit: A-E

Lot Info

  • Acres: 0.0861
  • Lot Measurement: Square Feet
  • Lot Size Sq Ft: 3750.00
  • Price Per Acre: 3774680.60

Building Info

  • Year Built: 1953

Rental Info

  • TenantPays: Electricity, Gas

Multi Family

  • Annual Income: 36600.00
  • IncomeIncludes: Unit Rent
  • Total Units: 5

MLS Schools

  • School District 2: Fresno Unified

Range of Values:

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Average Value
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List Price
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
07/12/2019 07/12/19 Sold $325,000 0.0% $124 / Sq Ft
05/20/2019 05/20/19 Pending -- -- --
05/02/2019 05/02/19 For Sale $325,000 -- $124 / 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: 522511

Fresno MLS

APN: 452-272-08