3231 N Van Ness Boulevard $1,600,000

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    3231 N Van Ness Boulevard Fresno, CA 93704

    • 10 Beds
    • 9 Baths
    • 8,400 sq. ft.
    • Multi-Family
    • MLS# 575476
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    Views: 466 Days On Site: 131

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    Property Details

    Realty Concepts is proud to present 3231 N Van Ness Blvd, a 6 unit townhome apartment complex on beautiful Van Ness Ave. Located on the border of Old Fig Garden and the Fresno High area, this property is perfect for any investor who desires pride of ownership. Currently, each unit is rented to long term tenants who are on month-to-month leases, the next owner has the option of keeping the property for long term tenants or converting into short term tenancy (i.e. posting on AirBnb). This property has the potential to achieve a 9.33% cap rate as a short term rental. The Property consists of four 2 bedroom, 1.5 bath units and two 1 bedroom, 1.5 bath units. This property features a sparkling pool, indoor coin-op laundry room, HVAC in each unit, and reserved parking for each unit. Each unit averages 1400 sqft and is across the street from Gazebo Gardens, a very poplar food truck park and beer garden. *Bedroom/Bathroom count differs from tax records, buyer to verify if important*

    • General Features
      • Annual Expense 29212.00
      • Annual Income 82046.00
      • Transaction Type Sale
      • Year Built 1961
      • Expenses Include Management,Gardener,Maintenence/Repair,Gas,Electric,Water,Sewer,Pool,Vacancy Factor
      • Reo Bank Owned No
      • Leased Equipment Washer/Dryer (s)
      • Property Subtype 1 5 to 15 Units
      • Lease Type Net
      • County Fresno
    • Building Features
      • Dishwasher All Units
      • Exterior Wood, Brick
      • Facilities Pool,Utility Room
      • Foundation Concrete Perimeter
      • Stories Two
      • Square Footage 8400.00
      • Roofing Rolled Comp, Tar and Gravel
      • Fireplace None
      • Heat Cool Central Heat/Cool
    • Property Features
      • Yard Sprinkler - Front,Sprinkler - Back,Sprinkler - Auto,Fenced,Mature Landcsape
      • Site Amenities Corner
      • Sewer Water Public Water
      • Lot Square Footage 14400.00
      • Lot Size Source (Tax Records)
      • Lot Measurement SqFt
      • Gas Electric Public Utilities
      • Garage Spaces 0
      • Acres 0.3306
      • Additional Parking Carport,Covered,One Space per Unit
    • Schools
      • School Name 1 Fresno
      • School Name 3 Hamilton
      • School Name 2 Hamilton
      • School Type 3 Grade School
      • School Type 2 Junior High School
      • School Type 1 High School

    Contact

    Ana Paula Redditt

    Ana Paula Redditt

    REALTOR

    DRE# 01969923

    Fig Garden

    Mobile Phone: 559-392-4337
    • Prosperity Home Mortgage
    • American Home Shield

    Neighborhood

    93704 (Fresno) Demographics

    37 Median Age
    5,314 Population Density (per sq. mile)
    43% College Educated
    $60,362 Estimated Median Income
    6,247 Estimated Total Home Owners
    5,397 Estimated Total Renters
    54% / 46% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    29,205 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $399,150 Median Sales Price
    26 Homes Sold
    47 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $1,600,000
        6/28/2022 12:01:50 PM Status Changed Source: Multiple Listing Service New Value: Active
        6/15/2022 10:02:05 AM Status Changed Source: Multiple Listing Service New Value: Pending
        5/9/2022 2:31:55 PM Price Reduced Source: Multiple Listing Service New Value: $1,600,000 -15.79%
        4/1/2022 4:02:00 PM New in Database Source: Multiple Listing Service New Value: $1,900,000

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        ** Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        The data relating to real estate for sale on this website is provided in part by Fresno Association of Realtors.Information deemed reliable but not guaranteed. The property information provided on this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. ©2022 All rights reserved.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.