Sold for $955,000

$955,000

503 S Dearing Ave, Fresno, CA 93702

21beds

7baths

5,426sqft

Multi Family

Built in 1982

-- sqft lot

$1,014,700 Zestimate^®

$176/sqft

$1,368 Estimated rent

Home value

$1,014,700

$934,000 - $1.10M

$1,368/mo

Zestimate^® history

Owner options

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$1,368/mo

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$1,368/mo

Rent Zestimate^®

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$6,211/mo

Est. payment

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$6,211/mo

Est. payment

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What's special

Are you an investor looking to expand your portfolio or engage in a 1031 exchange? Look no further! We are excited to present an exceptional investment opportunity in Fresno, CAa 7-unit apartment complex.Each unit boasts a spacious and rare 3-bedroom, 1-bathroom layout, providing comfortable living spaces that are in high demand. The complex consists of two buildings, one with 4 units and the other with 2 units, as well as a detached single-level unit, offering a diverse range of living options.The complex has recently undergone interior updates. Currently, all units are fully occupied, with a mix of long-term month-to-month tenants and new tenants who are completing their year-long leases.Respecting the privacy of our tenants is important to us. To ensure their convenience and comfort, we kindly request that interested parties refrain from walking the grounds or disturbing their privacy.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 21
Bathrooms: 7

Heating

Has Heating (Unspecified Type)

Cooling

Central Air

Appliances

Included: Refrigerator: More than One Unit, Stove: More than One unit

Features

Has fireplace: No
Fireplace features: None

Interior area

Total structure area: 5,426
Total interior livable area: 5,426 sqft

Property

Parking

Parking features: Carport
Has carport: Yes

Features

Levels: Two
Stories: 2

Lot

Size: 10,001 Square Feet
Features: Urban

Details

Parcel number: 46123414

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Stucco, Wood Siding
Foundation: Concrete Perimeter
Roof: Composition

Condition

Year built: 1982

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Public Utilities

Community & HOA

Location

Region: Fresno

Financial & listing details

Price per square foot: $176/sqft
Date on market: 7/7/2023
Cumulative days on market: 84 days
Listing agreement: Exclusive Right To Sell
Listing terms: Conventional,Cash,Submit
Tenant pays: Electricity, Gas, Cable TV
Income includes: Unit Rent, Month to Month, Lease, Both

Price history

Date	Event	Price
7/15/2024	Sold	$955,000-13.2%$176/sqft
Source: Fresno MLS #596928 Report a problem
4/23/2024	Pending sale	$1,099,950$203/sqft
Source: Fresno MLS #596928 Report a problem
10/15/2023	Listing removed	--
Source: Fresno MLS #596928 Report a problem
7/8/2023	Listed for sale	$1,099,950$203/sqft
Source: Fresno MLS #596928 Report a problem