NOT LISTED FOR SALE

953 N College Ave Fresno, CA 93728

Tower District Neighborhood
4 Beds
4 Baths
2,673 Sq Ft
10,800 Sq Ft Lot

Last Sold October 01, 2019

Last sale price $370,000 $138 Per Sq Ft

4 Days on Market

Highlights

  • Heated Floors
  • 1-Story Property
  • Refrigerated and Evaporative Cooling System

About This Home

As of October 2019

Come check out this professionally managed 4-unit investment property in this historic Tower District neighborhood! This turn-key property has long term tenants, owned by the same family for 50 years and has maintained a 99% vacancy rate. Each unit is a separate 1/1 cottage with its own covered garage space. This investment maintains a solid cap rate with year over year profits. After all expenses and adjustments for the new property taxes, you will still maintain 5+% cap rate with room for value adds. Property has been professionally managed for many years and the exterior has been well taken care of. Seller has an additional 4-plex unit for sale next door and would prefer they are both sold to the same buyer, but not required. Please see the additional 4-plex for sale at MLS #516569. Both properties are backed up to commercial properties on Van Ness Ave. All deposits on hold will transfer to new owner. This is the perfect turn-key addition to your growing property portfolio.

Last Agent to Sell the Property

Chad Deihl

eXp Realty of California, Inc. License #01984814 Listed on: 01/25/2019

eXp Realty of California, Inc.

Last Buyer's Agent

Angie Hyatt

Hyatt Real Estate License #01013098

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1944

Lot Details

  • 10,800

Home Design

  • Quadruplex
  • Composition Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 2,673 Sq Ft Home
  • 1-Story Property
  • Heated Floors

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Additional Features

  • 10,800 Sq Ft Lot
  • Refrigerated and Evaporative Cooling System

Listing and Financial Details

  • Tenant pays for electricity, gas, cable TV

Community Details

Overview

  • 5 Buildings
  • 4 Units

Building Details

  • Gross Income $33,300

Property Details

Home Type

Multi-Family

Year Built

Built in 1944

Lot Details

0

Listing Details

  • Type: Multi Family
  • Property Sub Type: Quadruplex
  • Price Per Square Foot: 138.42
  • Year Built Exception: 0
  • Stories: One
  • Unique Conditions: Probate
  • Special Features: None
  • Year Built: 1944

Interior Features

  • Fireplace: None
  • Bathrooms: 4.00
  • Bedrooms: 4
  • Square Footage: 2673.00

Exterior Features

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

Utilities

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

Condo/Co-op/Association

  • Association: Fresno MLS

Schools

  • School District: Fresno Unified

Lot Info

  • Acres: 0.2479
  • Lot Measurement: Square Feet
  • Lot Size Sq Ft: 10800.00
  • Price Per Acre: 1492537.31

Building Info

  • Year Built: 1944

Rental Info

  • TenantPays: Electricity, Gas, Cable TV

Multi Family

  • Annual Income: 33300.00
  • IncomeIncludes: Unit Rent
  • Total Units: 4

MLS Schools

  • School District: Fresno Unified

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
10/01/2019 10/01/19 Sold $370,000 0.0% $138 / Sq Ft
01/29/2019 01/29/19 Pending -- -- --
01/25/2019 01/25/19 For Sale $370,000 -- $138 / Sq Ft
Source: Fresno MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2019

    Chad Deihl

    eXp Realty of California, Inc.

    Section Image
  • Angie Hyatt

    Buyer's Agent in 2019

    Angie Hyatt

    Hyatt Real Estate

    (559) 287-9961

    104 Total Sales

    Angie Hyatt
    Section Image
See All Agents

Map

Source: Fresno MLS

MLS Number: 516477

Fresno MLS
California Fresno County Fresno 93728 Tower District

953 N College Ave, Fresno, CA

This home is located at 953 N College Ave, Fresno, CA 93728 since 25 January 2019. This property was built in 1944. 953 N College Ave is a home located in Fresno County with nearby schools including Susan B. Anthony Elementary School, Tehipite Middle School, and Roosevelt 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.

Nearby Homes