NOT LISTED FOR SALE

Fresno, CA 93726

McLane Neighborhood

Estimated Value: $4,029,000 - $5,755,936

8 Beds
7 Baths
30,585 Sq Ft
$160/Sq Ft Est. Value

Last Sold October 23, 2017

Last sale price $2,200,000 $72 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $25,330/month

Highlights

  • Private Pool
  • 3 Car Detached Garage
  • Tile Flooring
  • 1.53 Acre Lot
  • Tile Countertops
  • Forced Air Heating and Cooling System

About This Home

As of October 2017

Alpine Village Apartments are 100% occupied! There are a total of 37 units with the following mix; Two spacious 3 bed/2 baths with fireplaces, Two 2 bed/ 2 baths, Five 2 bed/1.5 baths, Twenty five 2 bed/1 bath, and Three 1 bed/1 bath. There are 40 carports/ open parking spaces and a coin operated laundry room. Convenient central location is close to transportation, schools, shopping and freeway access.

Last Agent to Sell the Property

Larry Mueller

RE/MAX Gold Redwood Shores. License #00341576 Listed on: 06/29/2017

RE/MAX Gold Redwood Shores.

Last Buyer's Agent

Khoa Le

Akimax Lending License #01432477

Property Details

Home Type

  • Multi-Family

Year Built

  • 1971

Lot Details

  • 1.53 Acre Lot
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 30,585 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven or Range
  • Range Hood
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Tile
  • Vinyl

Parking

  • 3 Car Detached Garage
  • 37 Carport Spaces
  • On-Street Parking
  • Off-Site Parking

Pool

  • Private Pool

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • 220 Volts
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $316,501

Community Details

Building Details

  • 37 Leased Units
  • Gardener Expense $2,120
  • Insurance Expense $14,060
  • Maintenance Expense $26,601
  • Manager Expense $25,952
  • Other Expense $25,497
  • Utility Expense $18,336
  • Trash Expense $9,167
  • Operating Expense $146,733
  • Gross Income $302,956

Additional Features

  • 30,585 Sq Ft Building
  • Coin Laundry

Property Details

Home Type

Multi-Family

Year Built

1971

Lot Details

0

Listing Details

  • Zoning: R3
  • Subclass: Multiple Dwellings / Structures
  • Style: Ranch
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 30585
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1971

Interior Features

  • Kitchen: 220 Volt Outlet, Countertop - Tile, Dishwasher, Garbage Disposal, Hood Over Range, Oven Range, Refrigerator
  • Living Sq Ft: 30585
  • Stories: 2
  • Laundry: Coin Operated
  • Flooring: Tile, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Yes
  • Roof: Composition
  • Pool: Pool - Fenced, Pool - In Ground
  • Construction Type: Brick, Wood

Garage/Parking

  • Parking Spaces: 3
  • Garage Parking Features: Carport, Detached Garage, Off-Site Parking, On Street
  • Carport Min: 37

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public, Sewer Connected

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 1.5300
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 66646.80
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 66646.80

Rental Info

  • Existing Lease Term(s): Lease Agreement - Written, Lease(s), Less Than 1 Yr, Month To Month
  • Gross Rent Multiplier: 6.90
  • Number Of Leased: 37

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 14060
  • Expense Landscape: 2120
  • Expense Maintenance: 26601
  • Expense Management: 25952
  • Expenses Other: 25497
  • Expenses Total: 146733
  • Expenses Utility: 18336
  • Expense Trash: 9167
  • Income Annual Gross: 302956.00
  • Income Annual Rental: 316501
  • Income Gross Scheduled: 318901
  • Income Includes: Laundry, Rents
  • Income Other: 2400
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 2
  • Operating Expenses Include: Accounting/Legal, Depreciation, Fee - License/Advertising, Fee - Property Management, Fee - Property Tax, Loan - Mortgage, Maintenance, Maintenance - Capital Improvements, Maintenance - Exterminator, Maintenance - Laundry, Maintenance - Repair, Salary Employee(s), Services - Sewer, Supplies, Utilities, Vacancy Factor
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Hot Water
  • Vacancy Factor: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 23, 2023
Sold by
Silicon Llc
Bought by
Boghos Properties Llc
Current Estimated Value
$4,892,468

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,100,000
Outstanding Balance
$3,007,140
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$1,885,328

Purchase Details

Closed on
Jun 7, 2023
Sold by
Silicon Llc
Bought by
Boghos Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,100,000
Outstanding Balance
$3,007,140
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$1,885,328

Purchase Details

Closed on
Oct 30, 2020
Sold by
Secured Asset Fund Corporation
Bought by
Silicon Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,386,500
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 29, 2017
Closed on
Sep 7, 2017
Sold by
Al Tahan Zaid and Yahya Maha K
Bought by
Secured Asset Fund Corporation Inc
Seller's Agent
Larry Mueller
RE/MAX Gold Redwood Shores.
Buyer's Agent
Khoa Le
Akimax Lending
List Price
$2,200,000
Sold Price
$2,200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.17%
Original Mortgage
$1,540,000
Interest Rate
3.78%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 18, 2005
Sold by
Pryor Curtis R and Pryor Angela M
Bought by
Al Tahan Zaid and Yahya Maha E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,785,000
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 2, 2004
Sold by
Pryor Curtis R and Pryor Angela M
Bought by
Pryor Curtis R and Pryor Angela M

Purchase Details

Closed on
Jan 28, 2004
Sold by
Braga Allen C and Braga Jane N
Bought by
Pryor Curtis R and Pryor Angela M

Purchase Details

Closed on
May 1, 2001
Sold by
The William Ellis Living Trust
Bought by
Braga Allen C and Braga Jane N
Source: Public Records
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

Purchase History

Date Buyer Sale Price Title Company
Boghos Properties Llc $5,425,000 Fidelity National Title
Boghos Properties Llc $5,425,000 Fidelity National Title
Silicon Llc $3,182,000 Chicago Title
Secured Asset Fund Corporation Inc $2,200,000 Stewart Title Of California
Al Tahan Zaid $2,550,000 Stewart Title Of Fresno Cnty
Pryor Curtis R -- Financial Title Company
Pryor Curtis R $2,200,000 Financial Title Company
Braga Allen C $1,520,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boghos Properties Llc $3,100,000
Closed Boghos Properties Llc $3,100,000
Previous Owner Silicon Llc $2,386,500
Previous Owner Secured Asset Fund Corporation Inc $1,540,000
Previous Owner Al Tahan Zaid $1,785,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/23/2017 10/23/17 Sold $2,200,000 0.0% $72 / Sq Ft
06/29/2017 06/29/17 Pending -- -- --
06/29/2017 06/29/17 For Sale $2,200,000 -- $72 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

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 $11 $520 $520 --
2023 $11 $520 $520 --
2022 $11 $510 $510 $0
2021 $11 $500 $500 $0
2020 $11 $520 $520 $0
2019 $11 $510 $510 $0
2018 $11 $500 $500 $0
2017 $11 $595 $595 $0
2016 $11 $584 $584 $0
2015 $11 $576 $576 $0
2014 $13 $565 $565 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2017

    Larry Mueller

    RE/MAX

    Section Image

  • K

    Buyer's Agent in 2017

    Khoa Le

    Akimax Lending

    Section Image

  • T

    Buyer Co-Listing Agent in 2017

    Tessie Figueroa

    Akimax Lending

    Section Image
See All Agents

Source: MLSListings

MLS Number: ML81668055

MLSListings

APN: 436-032-21

California Fresno County Fresno 93726

McLane

Not Listed for Sale

MultiFamily

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.

MLSListings Property Information © 2025 MLSListings Inc. All rights reserved. Listing information is deemed reliable but not guaranteed. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, MLSListings Inc. The viewer acknowledges ownership and validity of its copyright. Information provided is for personal, non-commercial use by a viewer with a bona fide interest in the purchase or sale of real estate of the type being offered via this website or other electronic means. The viewer is prohibited from copying, redistributing or retransmitting any of the data or information provided by MLSListing, Inc.

Nearby Homes