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Michael Garabedian · London Properties

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Buy a multi-family propertyat 1331 E Harvard Avenue, Fresno, CA 93704

$825,000

$864,000 (-4.51%)

$0/mo

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Multifamily

12,500 Sq. Ft. lot

0 Bathrooms

758 Days on market

FR23051988 MLS ID

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About 1331 E Harvard Avenue multi-family property

Sellers say they may carry at the right terms. This is a classic older 1950's single lever six-plex with a large center courtyard, in a well settled and mature area in a Central Fresno Neighborhood. There is a mix of one and two bedroom units, all are rented with good performance records, and owned by a landlord who has always maintained the property accordingly. Per the seller it has passed the City of Fresno inspections along with the H.A. inspections. Located within a close distance to restaurants, shopping, theatres, and freeway access, this good income producing property would fit any rental portfolio. DO NOT WALK ON TO THE PROPERTY as tenants do not know the property is for sale. Write offers subject to the approval of the buyer once access is granted.''
Sellers say they may carry at the right terms. This is a classic older 1950's single lever six-plex with a large center courtyard, in a well settled and mature area in a Central Fresno Neighborhood. There is a mix of one and two bedroom units, all are rented with good performance records, and owned by a landlord who has always maintained the property accordingly. Per the seller it has passed the City of Fresno inspections along with the H.A. inspections. Located within a close distance to restaurants, shopping, theatres, and freeway access, this good income producing property would fit any rental portfolio. DO NOT WALK ON TO THE PROPERTY as tenants do not know the property is for sale. Write offers subject to the approval of the buyer once access is granted.''

Property details

House

1 total stories

Built in 1950

Stories: 1

4338 total building sqft

1 Common Wall

One

Community

Curbs

Gutter(s)

Cooling

Evaporative Cooling

Expenses

Insurance Expense: $2,500

Operating Expense: $28,800

Water Sewer Expense: $4,800

Heating

Wall Furnace

Income

Gross Income: 72000

Gross Scheduled Income: 72000

Net Operating Income: 44209

Listing

Listing ID: FR23051988

Property Subtype: Apartment

77 days on market

Listed on 2023-03-30

Rent controlled

Location

County: Fresno

Lot

12500 sqft

0.287 acres

Area: 12500

6-10 Units/Acre

Parking

Carport

8 carport spaces

8 total parking spaces

Property

3 buildings

6 units

Property attached

Neighborhood

Roof

Composition

Sewer

Public Sewer

Taxes

New Taxes: $9,504

Utilities

6 separate electric meters

6 separate gas meters

Monthly cost

Estimated monthly cost

$5,257/mo

All calculations are estimates and provided by Unreal Estate, Inc. for informational purposes only. Actual amounts may vary.

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$775,500

+$24,750

$800,250

Seller agent commission$24,750 (3%)*

$0 (0%)

Buyer agent commission$24,750 (3%)*

$24,750 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property All calculations are estimates and provided by Unreal Estate, Inc. for informational purposes only. Actual amounts may vary.

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Cities

Unreal Estate checked: Sep 10, 2024 at 1:31 p.m.

Data updated: Jun 26, 2023 at 8:05 p.m.

Property listed by London Properties, Michael Garabedian
Based on information from California Regional Multiple Listing Service, Inc. as of 06/26/2023 and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing Information © 2025 California Regional MLS. All Rights Reserved.

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