SOLD 07/21/2023
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Commercial sold for $450,000 in 71 days
3468 S Frank Ave Fresno, CA, 93725
Off the market Other
Great opportunity to own 5 individual rental properties! These individual houses are located on a 15,000 sqft corner lot, minutes away from FWY 99. Each property is approximately 468 sqft, each with 1 bedroom & 1 bath. Potential rent income from Section 8 is $1272 per house, totaling $6360 per month, $76,320 per year. Current rents are below market rate. Also near Malaga Community Park & Recreation Center which has pool, soccer field, and playground. Make a contingency offer subject to inspection.
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Property details
2,340 sqft interior area
Land area
15,000 sqft (0.34 acres)
Address
3468 S Frank Ave, Fresno, CA, 93725
City of California
Fresno
County
Fresno
Year Built
1958
District
All Other Counties/states
Nearby major retailers
T-Mobile
Avis/Budget
Walmart Supercenter
Mobile phone: 1
Car: 1
Supermarket: 1
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Interior Features
Laminate floors
Roof
Shingle
Floor Covering
Laminate
Listed by
Judy Ramos, Coldwell Banker Realty
Name
Judy Ramos
License number
01488527
Brokerage company
Coldwell Banker Realty
MLS #
ML81928099
Buyer agent
Name
Recip
Brokerage company
Out of Area Office
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Calculate your monthly payments
Mortgage
$1,382
Taxes
$0
HOA dues
$0
Mortgage
$90,000 / 20%
2.28%
30 years
Your amount
$1,382 / month
Lot details
TMK #33116306
Parcel nr.
33116306
93725 info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
—
no data
Costco
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no data
Hospital
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no data
Park
—
no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data
People living in 93725
57%
Families with children
National average: 39%
16%
Non family households
153,007
Population
$55,725
Average Income
Age & gender
Median age 28 years
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Commute types
91% commute by car
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Education level
35% have not graduated education
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Number of employees
5% work in education and healthcare
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Vehicles available
36% have 2 vehicle
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Vehicles by gender
36% have 2 vehicle
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Housing market insights for
$303.75k
Neighborhood average
sales price*
sales price*
$320k
Neighborhood median
sales price*
sales price*
4
Number
of sales*
of sales*
Housing type
71% are single detacheds
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Rooms
45% of the houses have 4 or 5 rooms
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Bedrooms
70% have 2 or 3 bedrooms
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Owners vs Renters
51% are owners
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5.17 / 20
Least Walkable
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Price history
Sold Jul 21, 2023
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Jul 21, 2023 | Sold | $450,000 | 0 | Public Record |
| Jul 21, 2023 | Price Decrease | $450,000 -14.29% | 0 | MLS #ML81928099 |
| May 31, 2023 | Under contract | $525,000 | 0 | MLS #ML81928099 |
| May 12, 2023 | New Listing | $525,000 | 0 | MLS #ML81928099 |
| May 26, 2023 | Unavailable | $525,000 | 0 | MLS #ML81927269 |
| May 5, 2023 | New Listing | $525,000 | 224.36 | MLS #ML81927269 |
Taxes of 3468 S Frank Ave, Fresno, CA, 93725
R3 zoning / MLS #ML81928099
Zoning
R3
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Frequently Asked Questions about 3468 S Frank Ave
What is 3468 S Frank Ave?
3468 S Frank Ave is a Commercial/Industrial propertywith 2,340 sqft interior space.
What is the rental income?
-
What is the full address of this Commercial?
3468 S Frank Ave, Fresno, CA, 93725.
What comparable properties are nearby?
Comparable nearby commercial properties include 921 Fulton St, 302 N Fresno St, 440 E Shields Ave, 1255 G St, 6033 Juanche Ave, 193 Washington St.
Based on information from the bridgeMLS as of 05-06-2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing last updated on: Jul 23, 2023
Verhouse Last checked 3 minutes ago
The closest grocery stores are Discount Market, 2.06 miles away and Shaibi Market, 2.07 miles away.
The 93725 zip area has a population of 153,007, and 57% of the families have children. The median age is 28.07 years and 91% commute by car. The most popular housing type is "single detached" and 51% is owner.
