2965 E University Avenue
House in McLane
Off Market
2965 East University Avenue, Fresno, CA 93703

1
Map
$325,000
2
Beds
2
Baths
–
Half Bath
1,230
Ft²
$264
$/ft²
0.37
Acres
Great Opportunity! Two dwellings in one lot! Live in one unit, rent
the other unit or use it as a Mother-in-Law suite. Lot size is
approximately 16,200 sqf. Main unit is 2 bedrooms, 2 baths. Smaller
unit is 1 bedroom, 1 bath. Great location with long driveways,
furnace and evaporative cooler in both units. Attached garage. Long
term tenants, homeowner has not raised rents in a long time.Note:
Property is co-listed with Ricci Realty Lic # - Agent: Beata Ruso
Lic#
The manager has listed the unit size as 1230 square feet.
The manager has listed the unit size as 1230 square feet.
LISTING AGENT
Isa TenchioRio Mesa Realty[email protected]
Building Info
Building
Building codes and typesNeighborhood
Community district, city council district, police precinct, and more.Zoning
The zoning code for this property is RS5.Geography
The property is located in zip code 93703.Building Features
Driveway
Driveway
Parking
Garage Parking
Exterior
Stucco ExteriorWood Exterior
Home Features
Rooms
Basement
HVAC
Evaporative A/C
Ownership
Current Owner
Kludjian JamesPrevious Owner
Cervantes Loralee HPrice History
Date/Event | Event | Price |
---|---|---|
Apr 15, 2023 No longer available | No longer available | - |
Apr 7, 2023 No longer available | No longer available | - |
Mar 17, 2023 Listed by Isa Tenchio | Listed by Isa Tenchio | $325,000 |
Property Analysis
Cap Rate Analysis
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
IncomePer Year
$18,000ExpensesPer Year
$0Operating ProfitPer Year
$18,000 Cap rate
5.54%Price Estimate
$383,000$328,175$273,351
20232024202520262027
Current Asking Price
$325,000
HopScore Market Price
$328,175
The current asking price is $3,175.48 below the HopScore market price.
Comparables
Unit Status | Type | Beds | Baths | ft² Price/ft² | Price Common Charges |
---|---|---|---|---|---|
Active | House | 2 | 1 | 1,255 ft² $222/ft² | $279,000 |
In Contract | House | 3 | 2 | 1,213 ft² $238/ft² | $289,000 |
Active | House | 3 | 2 | 1,466 ft² $224/ft² | $329,000 |
Active | House | 3 | 2 | 1,468 ft² $266/ft² | $390,000 |
Active | Multifamily | 3 | 2 | 1,230 ft² $264/ft² | $325,000 |
Payment Calculator
Neighborhood
About McLane
Similar Homes for Sale
Nearby Rentals
2965 East University Avenue has been categorized by the local assessors in Fresno, CA as a residential type of property.
The building on the property was first built in 1938 and is 85 years old.
The home has a total of 0 rooms. 2 of these rooms are legally considered as bedrooms.
Residents will have access to one full bathroom.
This is a single story building so stairs are not necessary to access other parts of the home.
In addition, 2965 East University Avenue has 1,230 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building.
The linear feet between the front and back of the lot is 1,350 ft and across the front of the lot is 1,200 ft.
The area measurement of the land has been determined as 16,200 square feet.
Fans of architecture and design would be interested in knowing that the building on the property was built in a duplex style.
Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 324 sqft. According to our sources, there is one available parking space. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Apr 5, 2005 for $162,000. That's $131.71 per sqft. 2965 East University Avenue was last assessed in 2021. The total value of the property was assessed at $137,000. Specifically, the land the property is located on was valued at $67,500. While improvements on the property were assessed at a total of $69,500. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $1,765. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.
Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 324 sqft. According to our sources, there is one available parking space. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Apr 5, 2005 for $162,000. That's $131.71 per sqft. 2965 East University Avenue was last assessed in 2021. The total value of the property was assessed at $137,000. Specifically, the land the property is located on was valued at $67,500. While improvements on the property were assessed at a total of $69,500. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $1,765. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.