NOT LISTED FOR SALE

584 Manning Ave Reedley, CA 93654

8 Beds
4 Baths
3,852 Sq Ft
0.31 Acres

Last Sold October 11, 2019

Last sale price $445,000 $116 Per Sq Ft

70 Days on Market

Highlights

  • Laundry Room
  • 6 Attached Carport Spaces
  • 1-Story Property
  • Tile Flooring
  • Central Heating and Cooling System

About This Home

As of October 2019

Great long term investment property in Reedley, CA next to Reedley City College. This fourplex brings in a net income of $3,425 per month and is being sold at a 6.6% cap rate. Long term tenants help keep the property clean and take great care of their units. This property also includes a seperate laundry room with owned coin op washer and dryer, a one year old roof, and all A/C units have been serviced within the last month. All units have their own carport and storage. Call today for more information.

Last Agent to Sell the Property

Savannah Heskett Beck

Modern Broker Listed on: 06/27/2019

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1969

Lot Details

  • 0.31 Acre Lot
  • Property fronts an alley
  • Two or More Common Walls
  • Manual Sprinklers System

Home Design

  • Property Attached
  • Composition Roof

Interior Spaces

  • 3,852 Sq Ft Home
  • 1-Story Property
  • Blinds

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 6 Parking Spaces
  • 6 Attached Carport Spaces
  • Parking Available

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Cable TV Available

Additional Features

  • Exterior Lighting
  • Urban Location

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 1975
  • Assessor Parcel Number 36323117

Community Details

Overview

  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $1,158
  • Fuel Expense $1,158
  • Insurance Expense $1,135
  • Trash Expense $1,158
  • Water Sewer Expense $1,158
  • New Taxes Expense $4,141
  • Operating Expense $11,844
  • Gross Income $41,100
  • Net Operating Income $30,670

Property Details

Home Type

Multi-Family

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Inclusions: Coin Op Laundry
  • Property Attached: Yes
  • Road Frontage Type: Alley, City Street
  • Water Sewer Expenses: 1158.00
  • Property Type: Residential Income
  • Parcel Number: 36323117
  • Year Built: 1969
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Laminate, Tile
  • Levels: One
  • Price Per Square Foot: 115.52
  • Room Type: All Bedrooms Down
  • Window Features: Blinds

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Carport Spaces: 6.00
  • Parking: Yes
  • Parking Features: Attached Carport
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Dryer Included, Individual Room, Washer Included
  • Sewer: Public Sewer
  • Trash Expense: 1158.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft, Sprinklers Manual
  • Lot Size Sq Ft: 13500.00
  • Lot Size Acres: 0.3099

Multi Family

  • Electric Expense: 1158.00
  • Fuel Expense: 1158.00
  • Gross Income: 41100.00
  • Gross Operating Income: 41100.00
  • Gross Scheduled Income: 41100.00
  • Insurance Expense: 1135.00
  • Laundry Equipment Own Lease: Own
  • Laundry Income: 1416.00
  • Lot Size Area: 13500.0000 Square Feet
  • Net Operating Income: 30670.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 11844.00
  • Rent Control: No
  • Total Expenses: 11844.00

Tax Info

  • New Taxes Expense: 4141.00
  • Tax Census Tract: 66.04
  • Tax Lot: 3
  • Tax Tract Number: 1975

Range of Values:

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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
10/11/2019 10/11/19 Sold $445,000 -1.1% $116 / Sq Ft
08/26/2019 08/26/19 Price Changed $450,000 -3.2% $117 / Sq Ft
06/27/2019 06/27/19 For Sale $465,000 +55.0% $121 / Sq Ft
10/13/2017 10/13/17 Sold $300,000 0.0% $78 / Sq Ft
09/28/2017 09/28/17 Pending -- -- --
09/01/2017 09/01/17 For Sale $300,000 -- $78 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2019

    Savannah Heskett Beck

    Modern Broker

    Section Image

  • N

    Buyer's Agent in 2019

    NoEmail NoEmail

    NONMEMBER MRML

    (646) 541-2551

    2 in this area

    5,777 Total Sales

    Section Image

  • J

    Seller's Agent in 2017

    Jennifer Khy

    Landmark Properties

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SP19152254

California Regional Multiple Listing Service (CRMLS)

California Fresno County Reedley 93654

584 Manning Ave, Reedley, CA

This home is located at 584 Manning Ave, Reedley, CA 93654 since 27 June 2019. This property was built in 1969. 584 Manning Ave is a home located in Fresno County with nearby schools including Thomas Law Reed Elementary School, Reedley High School, and Reedley Middle College High.

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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