$639,853*
●
Multifamily -
Off Market
5049 E Lane Avenue
Fresno, CA 93727
12 Beds
4 Baths
3640 Sqft
$405,000 - $495,000
Reference Base Price*
42.19%
Since May 1, 2020
National-US
Primary Model
About This Property
Please find this 2-story/4-plex rental property in southeast
Fresno, right adjacent to Greenberg Elementary, right across from
IRS Processing Center and just down the street from Sunnyside High.
It's close to many supermarkets, shops and restaurants along E.
Kings Canyon Road. Owner has done many improvements over the years
and the property provides generous cash flows and great cap rate.
There is also an attached structure which is used as a laundry room
that could potentially generate additioal income for the new owner.
Owner is also selling the adjacent 4-plex - 5045 E Lane Ave.(each
with its own separate APN). Prospective buyer is well advised to
purchase both 4-plexes together to achieve economy of scale in
property investment/management while still remain flexible in
financing options (conventional financing for 4-unit residential
property x 2 vs. commerical financing for one 8-unit apartment).
Please don't disturb tenants. Owner is happy to accomodate the
showings
The manager has listed the unit size as 3640 square feet.
The manager has listed the unit size as 3640 square feet.
Unit Size
3,640Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$124
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
1985
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Oct 1, 2020 | Sold to Barbara L Rea, Steven R Rea | $385,000 | |
Sold to Barbara L Rea, Steven R Rea | |||
Apr 12, 2020 | No longer available | - | |
No longer available | |||
Apr 11, 2020 | Relisted | - | |
Relisted | |||
Apr 11, 2020 | Price Increased |
$450,000
↑ $65K
(16.9%)
|
|
Price Increased | |||
Mar 8, 2020 | No longer available | - | |
No longer available |
Show More
Property Highlights
Parking Available
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
06/09/2020
|
|
12 Bed
|
4 Bath
|
3640 ft²
|
$450,000
12 Bed
4 Bath
3640 ft²
|
$385,000
-14.44%
10/01/2020
|
Sean Sanchez
|
|
08/30/2019
|
|
12 Bed
|
4 Bath
|
3640 ft²
|
$385,000
12 Bed
4 Bath
3640 ft²
|
-
-
|
-
|
-
|
Building Info
About Roosevelt
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