Listing ID590001
Price$1,099,000
StatusPending
Bedrooms12
Total Baths12
SqFt
6,276
Acres
0.026
CountyFresno
Year Built1980
Property TypeMulti-Family
Property Sub Type5 to 15 Units
This listing is a bulk sale consisting of 6 lovely single story 2br., 2ba., 1046 sq. ft. condos in a beautiful complex called Hidden Gardens. As they are separate single family units, they are not subject to AB-1428, rent control. Rents can be raised according to owner's preference and market rates (BTV). Seller financing available with $300K down. All units are fully leased. See attached rent roll and association breakdown. Units have two large baths, wet bar, private patios. There are carports and lush grounds with a pool. Very nice cash flow. Gross rents approaching $95K +/- in June 2023 (BTV).
County
Fresno
Price Before Reduction
1100000
Price Reduction Date
2023-03-07T23:41:19+00:00
Property Sub Type
5 to 15 Units
Property Type
Multi-Family
Year Built
1980
Dishwasher
All Units
Disposal
All units
Fireplace
All Units
Floor
Concrete Perimeter
Heating/Cooling
Central Heat/Cool
Stories
One
Stove
All units
Exterior
Stucco, Wood
Gas & Electric
Public Utilities
Lot Measurement
SqFt
Lot Square Footage
1150
Parking
Carport
Roofing
Composition
Sewer/Water
Public Water, Public Sewer
Yard
Sprinkler - Front, Sprinkler - Back, Mature Landcsape
APN
43535002
Area
705
Cross Street Address
W/ Fruit, S/ Dakota
Directions
West Fruit/ South Dakota
FIPS Code
19
School District
Fresno Unified
School Name 1
Fresno
School Name 2
Fort Miller
School Name 3
Roeding
School Type 1
High School
School Type 2
Junior High School
School Type 3
Grade School
Association
Fresno MLS
Cumulative Days On Market
48
Days On Market
48
Disclosures
See Remrks/Attchmnts
Documents Available
Association Bylaws, Leases
Facilities
Pool, Utility Room
Lot Size Source
(Tax Records)
Property Disclaimer
Information herein deemed reliable but not guaranteed, representations are approximate, individual verification recommended.
Special Features
Private Patios, Laundry in Each Unit
Square Footage Source
Tax Records
Total Buildings
6
Total Units
6
1st Loan Type
Free & Clear
Agreement Type
Exclusive Agency
Annual Income
95000
Expenses Include
Management, Water, Sewer
Income Includes
Unit Rent
Lease Type
Net
Price Per Acre
41628787.88
Price Per Square Foot
175.11
REO/Bank Owned
no
Sources of Income/Expenses
Property Manager
Tenant Pays
All Utilities, Electricity, Cable TV
Terms
Conventional, Cash
Transaction Type
Sale
Listing courtesy of Cliff Lloyd of London Properties, Ltd.
Contact - Listing ID 590001
Fresno Income Properties - Paul Gestic
7575 N. Del Mar Avenue, Suite 102
Fresno, CA 93711
Phone: 559-438-9410
Data services provided by IDX Broker
