1331 East Harvard Avenue

Fresno, CA 93704

$844,950
Price
8
Beds
4,338 Sq. Ft.
$195 / Sq. Ft.
4,338
Sq. Ft.
$195
per Sq. Ft.

Description

REMARKS This is a well performing 6-Unit apartment complex that has had each unit updated including new flooring and paint, and with most showcasing granite counter tops. Fully occupied with a solid a tenant base and producing a better than reasonable income. This is an opportunity you will not wat to miss. The Sellers hate to let it go, but they are spring boarding on to another venture and are selling it for that reason. With that, the Buyer(s) will be required to participate in the sellers' IRS...REMARKS This is a well performing 6-Unit apartment complex that has had each unit updated including new flooring and paint, and with most showcasing granite counter tops. Fully occupied with a solid a tenant base and producing a better than reasonable income. This is an opportunity you will not wat to miss. The Sellers hate to let it go, but they are spring boarding on to another venture and are selling it for that reason. With that, the Buyer(s) will be required to participate in the sellers' IRS 1031 Tax Exchange at no costs to the Buyer(s)
  1. Listed by Michael Garabedian • DRE #01189466 • Brokerage DRE #00463722 • London Properties • michaelg@londonproperties.com

Property Details for 1331 East Harvard Avenue

Parking Spaces Total
6
Private Pool
No
Total Units
6.0
Lot Size Source
Public Records
Property Attached YN
true
Common Walls
1 Common Wall
New Construction
No
Average Studio Area Units
Square Feet
LISTING UPDATED: 09/26/2024 01:42 AM

Property Details for 1331 East Harvard Avenue

StatusActive
MLS #FR24199706
Days on Market56
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Apartment
Year Built1950
Lot Size0.29 AC / 12,500 SF
CountyFresno County

Building Information for 1331 East Harvard Avenue

Stories1Residences-Year Built1950Building Size-Lot Size0.29 AC / 12,500 SF

Property Information for 1331 East Harvard Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $78,552
  • Gross Scheduled Income: $78,552
  • Net Operating Income: $51,058
Expense Details
  • Operating Expense: $27,493
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Professional Management Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $27,493
Tax / Assessment Info
  • Tax Census Tract: 35.00
  • Tax Lot: 7
Community / Development
Community / Development
  • Community Features: Urban
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: See Remarks
Exterior Features
  • Entry Location: Front
  • Pool Features: None
Land/Lot Info
  • Lot Features: Front Yard, Yard
  • Land Lease: No
  • Levels: One
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Carport Spaces: 6
Unit Information
Unit 1
  • Unit Type Units Total: 6
  • Unit Type Beds Total: 8
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $78,552
  • Unit Type Total Rent: $78,552
  • Unit Type Pro Forma: 78552
  • Unit Type Type: 1
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 3
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1

Property History for 1331 East Harvard 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 1331 East Harvard Avenue

Taxable ValueLand$56,687Additions$305,628Total$362,315
Tax Record2024$4,733 ($394 / month)
Home Facts
Total Finished SqFt4,338 SqFtAbove Grade Finished SqFt4,338 SqFtStories1Lot Size12,500 SqFtStyleMulti-Family Res (5+ Units)Year Built1950ZoningRM1CountyFRESNOAPN443-263-26Fireplace TypeHas Fireplace

Schools near 1331 East Harvard 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
Del Mar 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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1331 East Harvard Avenue is a multi-family home for sale in Fresno, CA 93704. This property was listed for sale on September 26, 2024 by London Properties, it's currently listed at $844,950. It has been on the market for a total of 56 days and was last sold on June 20, 2017. This listing's school districts are Fresno Unified School District, Fresno County Office Of Education School District. Nearby schools include Del Mar Elementary School, Fort Miller Middle School and Fresno High School. 1331 East Harvard Avenue is a 8-bed, 0-bath, 4,338 sqft multi-family home built in 1950.

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Listing Courtesy of London Properties

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.