NOT LISTED FOR SALE
12 Beds
12 Baths
7,832 Sq Ft
0.26 Acres

Last Sold August 31, 2022

Last sale price $1,000,000 $128 Per Sq Ft

3 Days on Market

About This Home

As of August 2022

Nice curb appeal, well maintained and exterior recently painted. Fully occupied two story, 12 unit complex located in the Tower District just south of City College. All unit door entrances are inside the building which is a nice security feature. Numerous long term Tenants reside here, rents are on the low side and most likely do not reflect current rental potential value. 12 studio apartments, 4 have a bonus room that could accommodate a bed. 8 parking spaces on property, street parking available.

Last Agent to Sell the Property

Steve Oliver

Hyatt Real Estate License #01264549 Listed on: 07/28/2022

Last Buyer's Agent

Jeffrey Kim

The JKRE Investment Group License #01456017

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1934

Lot Details

  • 0.26 Acre Lot
  • Fenced Yard
  • Front Yard Sprinklers

Parking

  • Uncovered Parking

Home Design

  • Composition Roof
  • Stucco

Interior Spaces

  • 7,832 Sq Ft Home
  • 2-Story Property
  • Heated Floors

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 12 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window

Community Details

  • 12 Units
  • Gross Income $75,836

Listing and Financial Details

  • Tenant pays for electricity, gas

Property Details

Home Type

Multi-Family

Year Built

Built in 1934

Lot Details

0

Listing Details

  • Type: Multi Family
  • Property Sub Type: 5 to 15 Units
  • Price Per Square Foot: 127.68
  • Year Built Exception: 0
  • Stories: Two
  • Special Features: None
  • Year Built: 1934

Interior Features

  • Fireplace: None
  • Refrigerator: All Units
  • Stove: All units
  • Bathrooms: 12.00
  • Bedrooms: 12
  • Square Footage: 7832.00

Exterior Features

  • Yard: Sprinkler - Front, Fenced, Mature Landcsape
  • Roofing: Composition, Other
  • Exterior: Stucco
  • Foundation: Both

Garage/Parking

  • Additional Parking: Uncovered

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

Lot Info

  • Acres: 0.2583
  • Lot Measurement: Square Feet
  • Lot Size Sq Ft: 11250.00
  • Price Per Acre: 3871467.29

Building Info

  • Year Built: 1934

Rental Info

  • TenantPays: Electricity, Gas

Multi Family

  • Annual Income: 75836.00
  • IncomeIncludes: Unit Rent, Month to Month
  • Total Units: 12

MLS Schools

  • School District 2: Fresno Unified
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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 List to Sale Price per Sq Ft
08/31/2022 08/31/22 Sold $1,000,000 -9.1% $128 / Sq Ft
07/31/2022 07/31/22 Pending -- -- --
07/28/2022 07/28/22 For Sale $1,100,000 -- $140 / Sq Ft
Source: Fresno MLS

Tax History

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 $13,723 $1,040,400 $57,222 $983,178
2023 $13,208 $1,006,400 $55,000 $951,400
2022 $6,237 $466,791 $40,671 $426,120
2021 $6,072 $457,639 $39,874 $417,765
2020 $6,047 $452,948 $39,466 $413,482
2019 $5,823 $444,068 $38,693 $405,375
2018 $5,701 $435,362 $37,935 $397,427
2017 $5,659 $431,007 $37,192 $393,815
2016 $5,477 $422,359 $36,463 $385,896
2015 $5,138 $394,900 $36,000 $358,900
2014 $4,758 $365,400 $34,000 $331,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Fresno MLS

MLS Number: 582066

Fresno MLS