NOT LISTED FOR SALE
26 Beds
18 Baths
11,750 Sq Ft
1.38 Acres

Last Sold March 28, 2019

Last sale price $1,350,000 $115 Per Sq Ft

20 Days on Market

Highlights

  • 1.38 Acre Lot
  • 1-Story Property
  • Central Air

About This Home

As of March 2019

When looking for value add apartments they don't get better than 819-831 Cambridge. The building sits on a huge parcel of land that could support more units (Check with City for Current Zoning Rules), Is Single Story and laid out in a manner where tenants have space. In addition the new owners can enjoy increased returns by actively managing the building as current owners have help for over 10 years and not raised rents in meaningful ways. If you want a big value add play then these 18 units are perfect for you.

Last Agent to Sell the Property

Amanda Santana

Realty Unlimited Group License #01939176 Listed on: 02/27/2019

Last Buyer's Agent

Scott Foxen

Foxen Realty, Inc. License #01894608

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 1.38 Acre Lot

Parking

  • Carport

Home Design

  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 11,750 Sq Ft Home
  • 1-Story Property
  • Second Stove

Bedrooms and Bathrooms

  • 26 Bedrooms
  • 18 Bathrooms

Utilities

  • Central Air
  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Tenant pays for electricity, gas, cable TV

Community Details

Overview

  • 4 Buildings
  • 18 Units

Building Details

  • Gross Income $139,428

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Type: Multi Family
  • Property Sub Type: 16 Units & More
  • Price Per Square Foot: 114.89
  • Year Built Exception: 0
  • Stories: One
  • Special Features: None
  • Year Built: 1963

Interior Features

  • Dishwasher: None
  • Disposal: More than One Unit
  • Fireplace: None
  • Refrigerator: More than One Unit
  • Stove: More than One unit
  • Bathrooms: 18.00
  • Bedrooms: 26
  • Facilities: Utility Room
  • Square Footage: 11750.00

Exterior Features

  • Roofing: Other
  • Exterior: Brick
  • Foundation: Concrete Perimeter

Garage/Parking

  • Additional Parking: Carport

Utilities

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

Condo/Co-op/Association

  • Association: Fresno MLS

Schools

  • School District: Fresno Unified

Lot Info

  • Acres: 1.3774
  • Lot Measurement: Square Feet
  • Lot Size Sq Ft: 60000.00
  • Price Per Acre: 980107.45

Building Info

  • Year Built: 1963

Rental Info

  • TenantPays: Electricity, Gas, Cable TV

Multi Family

  • Annual Income: 139428.00
  • IncomeIncludes: Unit Rent, Both
  • Total Units: 18

MLS Schools

  • School District: Fresno Unified

Range of Values:

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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
03/28/2019 03/28/19 Sold $1,350,000 0.0% $115 / Sq Ft
03/19/2019 03/19/19 Pending -- -- --
02/27/2019 02/27/19 For Sale $1,350,000 -- $115 / 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: 518469

Fresno MLS