2003 North Thorne Avenue

Fresno, CA 93704

$595,000
Price
3
Beds
3
Baths
1,798 Sq. Ft.
$331 / Sq. Ft.
1,798
Sq. Ft.
$331
per Sq. Ft.

Description

Presenting this incredible Tri-Plex in the middle of Fresno High! This is a beautiful multi-family property on a quiet street that would make a great addition to any investors portfolio. It is located in one of the best rental markets in Fresno. The property consists of two 1bed/1bath units and one studio apartment. Each unit has its own private backyard and each 1/1 unit has indoor laundry. A detached 2 car garage on the property can be used for extra income by renting each bay to the tenants. Since...Presenting this incredible Tri-Plex in the middle of Fresno High! This is a beautiful multi-family property on a quiet street that would make a great addition to any investors portfolio. It is located in one of the best rental markets in Fresno. The property consists of two 1bed/1bath units and one studio apartment. Each unit has its own private backyard and each 1/1 unit has indoor laundry. A detached 2 car garage on the property can be used for extra income by renting each bay to the tenants. Since one unit is vacant, this is a great opportunity to purchase the property with an owner occupied loan so you can live in one unit and rent the others. FHA ready! The current rents are low and need to be raised. Each tenant is on a month to month lease. Call your agent or the listing agent with any questions or to see the property. Unit Rents:2003 Thorne 1/1: $895106 Weldon 1/1: $1350 (Projected)108 Weldon Studio: $620
  1. Listed by Jeffrey D Zimmerman • DRE #02039326 • Realty Concepts, Ltd. - Fresno

Property Details for 2003 North Thorne Avenue

Garage Spaces
2
Garage Type
Detached
Cross Street Address
Weldon
LISTING UPDATED: 10/31/2024 02:06 PM

Property Details for 2003 North Thorne Avenue

StatusActive
MLS #617141
Days on Market96
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Triplex
Year Built1940
Lot Size0.15 AC / 6,350 SF
CountyFresno County

Building Information for 2003 North Thorne Avenue

Stories-Residences3Year Built1940Building Size-Lot Size0.15 AC / 6,350 SF

Property Information for 2003 North Thorne Avenue

Summary
Location and General Information
  • Region: Urban
  • Directions: From Mckinely/Palm: Travel west on Mckinely to Thorne, turn right on Thorne. Property is on the NW corner of Thorne/Weldon
  • Census Tract: .00
  • Unique Conditions: 1031 Exchange
School Information
  • Schools Comment: Buyer to verify
  • School Name 1: Fresno
  • School Name 2: Hamilton
  • School Name 3: Hamilton
  • School Type 1: High School
  • School Type 2: Junior High School
  • School Type 3: Grade School
Parking
  • Additional Parking: Uncovered
Taxes and HOA Information
  • Association: Fresno MLS
Lot Information
  • Square Footage Source: Tax Records
  • APN: 44412413
  • 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: Leases, Profit & Loss, Income Tax Return
  • Property Disclaimer: Information herein deemed reliable but not guaranteed, representations are approximate, individual verification recommended.
  • Disposal: One Unit
  • Total Buildings: 2
  • Stories: One
Utilities
  • Gas & Electric: Public Utilities
  • Sewer/Water: Public Water
  • Facilities: Play Yard, Utility Room
  • Special Features: Private Patios,Laundry in Each Unit
  • Dishwasher: One Unit
Interior and Exterior Features
Exterior Features
  • Disabled Features: One Level Floor
  • Exterior: Stucco
  • Foundation: Wood Subfloor
  • Roofing: Composition
  • Yard: Sprinkler - Front, Sprinkler - Auto, Mature Landcsape
  • Site Amenities: Corner
Interior Features
  • Heat/Cool: Window or Wall A/C
  • Fireplace: None
  • Refrigerator: All Units
  • Stove: All units
Multi Family
Income & Expenses Information
  • Annual Expense: $8,093.00
  • Annual Income: $15,640.00
  • Expenses Include: Gardener, Maintenance/Repair, Insurance, Accounting/Legal, Water, Sewer, Taxes, Vacancy Factor
  • Income Includes: Unit Rent, Month to Month
  • Net Income: $5,940.00
  • Total Units: 3
Unit 1 Information
  • Unit Number: 0
  • Unit Description: 2003 Thorne
  • Square Feet: 723
  • Rooms: 0
  • Bathrooms: .00
  • Suite Number: 2003
  • Identical Units: 0
  • Rent: $895.00
Unit 2 Information
  • Unit Number: 1
  • Unit Description: 106 Weldon (Projected Rent)
  • Square Feet: 678
  • Rooms: 0
  • Bathrooms: .00
  • Suite Number: 106
  • Identical Units: 0
  • Rent: $1,350.00
Unit 3 Information
  • Unit Number: 2
  • Unit Description: 108 Weldon - Studio
  • Square Feet: 437
  • Rooms: 0
  • Bathrooms: .00
  • Suite Number: 108
  • Identical Units: 0
  • Rent: $620.00
Rental
Rental Information
  • Tenant Pays: Electricity, Gas, Cable TV
  • Lease Type: Net

Property History for 2003 North Thorne 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 2003 North Thorne Avenue

Taxable ValueLand$42,448Additions$222,853Total$265,301
Tax Record2024$3,411 ($284 / month)
Home Facts
Total Finished SqFt1,798 SqFtAbove Grade Finished SqFt1,798 SqFtStories1Lot Size6,350 SqFtStyleMulti-Family Dwelling (2-4)Year Built1940ZoningRS5CountyFRESNOAPN444-124-13Fireplace TypeHas Fireplace

Schools near 2003 North Thorne Avenue

This home is within Fresno Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Charter - K to 5
Public - 1 to 6
Rating
School
Distance
Hamilton Elementary School
PublicK 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.

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2003 North Thorne Avenue is a multi-family home for sale in Fresno, CA 93704. This property was listed for sale on August 20, 2024 by Realty Concepts, Ltd. - Fresno, it's currently listed at $595,000. It has been on the market for a total of 96 days and was last sold on March 9, 2021. This listing's school districts are Fresno Unified School District, Fresno County Office Of Education School District. Nearby schools include Hamilton Elementary School, Fresno High School and Morris E. Dailey Charter Elementary School. 2003 North Thorne Avenue is a 3-bed, 3-bath, 1,798 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 Realty Concepts, Ltd. - Fresno

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.