NOT LISTED FOR SALE

816 W Shields Ave Fresno, CA 93705

Roeding Park Neighborhood
27 Beds
18 Baths
12,648 Sq Ft
0.65 Acres

Last Sold August 12, 2015

Last sale price $1,000,000 $79 Per Sq Ft

25 Days on Market

Highlights

  • 0.65 Acre Lot
  • Fenced Yard
  • Central Air
  • Corner Lot

About This Home

As of August 2015

Fantastic Opportunity to acquire a turn key apartment complex. These assets are rarely available so now is the time to act. This complex has undergone major improvements in both the exterior and interior of the complex. An investor would take advantage of the immediate cash flow and low maintenance this property provides. A truly unique opportunity. **Current Monthly Income on Actuals: $9,800.00 which includes on-site manager rent credit. Currently, only 2 vacant totaling an additional $1,500.00 per month of income. An additional $2,400.00 of laundry income is received per year. Property management company has applicants waiting to occupy the units once unit rehab is completed. Seller will have units rent ready by close of escrow. Listing Broker has an ownership interest in the property.

Last Listed By

Matt Garabedian

Matthew Garabedian, Broker License #01842596 Listed on: 05/13/2015

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 0.65 Acre Lot
  • Fenced Yard
  • Corner Lot
  • Front Yard Sprinklers

Parking

  • Carport

Home Design

  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 12,648 Sq Ft Home
  • 2-Story Property
  • Leased Washer and Dryer

Bedrooms and Bathrooms

  • 27 Bedrooms
  • 18 Bathrooms

Utilities

  • Central Air

Community Details

  • 18 Units
  • Gross Income $144,600

Listing and Financial Details

  • Tenant pays for electricity, gas

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Type: Multi Family
  • Property Sub Type: 16 Units & More
  • Price Per Square Foot: 79.06
  • Year Built Exception: 0
  • Stories: Two
  • Leased Equipment: Washer/Dryer (s)
  • Special Features: None
  • Year Built: 1960

Interior Features

  • Refrigerator: All Units
  • Stove: All units
  • Bathrooms: 18.00
  • Bedrooms: 27
  • Facilities: Pool, Utility Room
  • Square Footage: 12648.00

Exterior Features

  • Yard: Sprinkler - Front, Sprinkler - Auto, Fenced
  • Roofing: Other
  • Exterior: Stucco
  • Foundation: Concrete Perimeter

Garage/Parking

  • Additional Parking: Carport, Covered

Utilities

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

Condo/Co-op/Association

  • Association: Fresno MLS

Association/Amenities

  • Site Amenities: Corner

Lot Info

  • Acres: 0.6485
  • Lot Measurement: Square Feet
  • Lot Size Sq Ft: 28250.00
  • Price Per Acre: 1542020.05

Building Info

  • Year Built: 1960

Rental Info

  • TenantPays: Electricity, Gas

Multi Family

  • Annual Income: 144600.00
  • IncomeIncludes: Unit Rent, Laundry
  • Total Units: 18

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
08/12/2015 08/12/15 Sold $1,000,000 0.0% $79 / Sq Ft
06/07/2015 06/07/15 Pending -- -- --
05/13/2015 05/13/15 For Sale $1,000,000 -- $79 / Sq Ft
Source: Fresno MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Matt Garabedian

    Seller's Agent in 2015

    Matt Garabedian

    Matthew Garabedian, Broker

    (559) 978-2241

    1 in this area

    15 Total Sales

    Matt Garabedian
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Map

Source: Fresno MLS

MLS Number: 444782

Fresno MLS

California Fresno County Fresno 93705 Roeding Park

816 W Shields Ave, Fresno, CA

Homes for Sale in Fresno, CA

This home is located at 816 W Shields Ave, Fresno, CA 93705 since 13 May 2015. This property was built in 1960. 816 W Shields Ave is a home located in Fresno County with nearby schools including Roeding Elementary School, Fort Miller Middle School, and Fresno High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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