1311 North Van Ness Avenue

Fresno, CA 93728

$840,000
Price
6
Beds
4
Baths
3,844 Sq. Ft.
$219 / Sq. Ft.
3,844
Sq. Ft.
$219
per Sq. Ft.

Description

Discover this exceptional investment opportunity close to the Tower District: a meticulously clean and well-maintained 4-plex, perfect for both seasoned investors and those looking to expand their real estate portfolio. This prime property features two spacious 2-bedroom units (one currently vacant, allowing for new rent pricing) and two cozy 1-bedroom units, all with their own laundry spaces. Additionally, a detached studio offers potential as a 5th unit, enhancing rental income prospects. Three...Discover this exceptional investment opportunity close to the Tower District: a meticulously clean and well-maintained 4-plex, perfect for both seasoned investors and those looking to expand their real estate portfolio. This prime property features two spacious 2-bedroom units (one currently vacant, allowing for new rent pricing) and two cozy 1-bedroom units, all with their own laundry spaces. Additionally, a detached studio offers potential as a 5th unit, enhancing rental income prospects. Three units boast modern HVAC systems for year-round comfort, while one has a cost-effective swamp cooler. Long-term tenants occupy three units, providing immediate rental income. The property's impeccable cleanliness reflects pride of ownership, and its location on Van Ness offers easy access to amenities, parks and entertainment.
  1. Listed by Layla Granata • DRE #02086336 • SME Real Estate

Property Details for 1311 North Van Ness Avenue

Garage Spaces
4
Garage Type
Detached
Cross Street Address
Van Ness / Olive
LISTING UPDATED: 10/11/2024 11:38 AM

Property Details for 1311 North Van Ness Avenue

StatusActive
MLS #616438
Days on Market103
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Quadruplex
Year Built1940
Lot Size0.35 AC / 15,368 SF
CountyFresno County

Building Information for 1311 North Van Ness Avenue

Stories-Residences4Year Built1940Building Size-Lot Size0.35 AC / 15,368 SF

Property Information for 1311 North Van Ness Avenue

Summary
Location and General Information
  • Region: Urban
  • Directions: North on Van Ness. Property on left side.
  • Census Tract: .00
School Information
  • School Name 1: Fresno
  • School Name 2: Fort Miller
  • School Name 3: Heaton
  • School Type 1: High School
  • School Type 2: Junior High School
  • School Type 3: Grade School
Parking
  • Additional Parking: One Space per Unit
Taxes and HOA Information
  • Association: Fresno MLS
Lot Information
  • Square Footage Source: Tax Records
  • APN: 45119112
  • Lot Measurement: SqFt
  • Lot Size Source: (Tax Records)
  • Multiple Listing Service: Fresno Multiple Listing System
Property
Property and Assessments
  • REO/Bank Owned: No
  • FIPS Code: 19
  • Age: 0
  • Documents Available: Cash Flow Analysis
  • Property Disclaimer: Information herein deemed reliable but not guaranteed, representations are approximate, individual verification recommended.
  • Total Buildings: 5
  • Stories: One
Utilities
  • Gas & Electric: Public Utilities
  • Sewer/Water: Public Water
Interior and Exterior Features
Exterior Features
  • Exterior: Stucco
  • Foundation: Wood Subfloor
  • Roofing: Composition
Interior Features
  • Heat/Cool: Central Heat/Cool, Window or Wall A/C
  • Fireplace: All Units
Multi Family
Income & Expenses Information
  • Annual Expense: $15,128.49
  • Annual Income: $31,232.00
  • Expenses Include: Gardener, Maintenance/Repair, Insurance, Water, Sewer, Taxes, Vacancy Factor
  • Income Includes: Unit Rent
  • Net Income: $16,103.51
  • Total Units: 4
Unit 1 Information
  • Unit Number: 0
  • Unit Description: 1311
  • Square Feet: 950
  • Rooms: 0
  • Bathrooms: .00
  • Suite Number: 1311
  • Identical Units: 1
  • Rent: $1,125.00
Unit 2 Information
  • Unit Number: 1
  • Unit Description: 1315
  • Square Feet: 950
  • Rooms: 0
  • Bathrooms: .00
  • Suite Number: 1315
  • Identical Units: 1
  • Rent: $1,175.00
Unit 3 Information
  • Unit Number: 2
  • Unit Description: 1321
  • Square Feet: 950
  • Rooms: 0
  • Bathrooms: .00
  • Suite Number: 1321
  • Identical Units: 1
  • Rent: $1,175.00
Unit 4 Information
  • Unit Number: 3
  • Unit Description: 1319
  • Square Feet: 950
  • Rooms: 0
  • Bathrooms: .00
  • Suite Number: 1319
  • Identical Units: 1
  • Rent: $.00
Rental
Rental Information
  • Tenant Pays: Electricity, Gas, Cable TV
  • Lease Type: Net

Property History for 1311 North Van Ness Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1311 North Van Ness Avenue

Taxable ValueLand$87,041Additions$356,877Total$443,918
Tax Record2024$5,715 ($476 / month)
Home Facts
Total Finished SqFt3,844 SqFtAbove Grade Finished SqFt3,844 SqFtStories1Lot Size15,368 SqFtStyleMulti-Family Res (5+ Units)Year Built1940ZoningCMSCountyFRESNOAPN451-191-12Fireplace TypeHas Fireplace

Schools near 1311 North Van Ness Avenue

This home is within Fresno Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Heaton Elementary School
PublicK to 6

Fort Miller Middle School
Public7 to 8

Fresno High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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1311 North Van Ness Avenue is a multi-family home for sale in Fresno, CA 93728. This property was listed for sale on August 6, 2024 by SME Real Estate, it's currently listed at $840,000. It has been on the market for a total of 103 days and was last sold on January 28, 2016. This listing's school districts are Fresno Unified School District, Fresno County Office Of Education School District. Nearby schools include Heaton Elementary School, Fort Miller Middle School and Fresno High School. 1311 North Van Ness Avenue is a 6-bed, 4-bath, 3,844 sqft multi-family home built in 1940.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of SME Real Estate

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.