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$529,000   Price Analysis
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1452 N 5th St
Fresno, CA 93703
5 bed 4 bath 2,802 SqFt ($188/SqFt)
9,750SqFt lot. Built 1942
Listed 2024-04-05, Taxes $2,800
Ⓧ USDA Ineligible
due to location

near Fresno

Welcome to an impccably maintained residential income property

* No Longer For Sale *
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A gem in a serene corner setting. Comprising three buildings on a roomy corner lot, this investment exudes timeles s appeal and modern convenience.The front triplex offers two inviting studios upstairs and a spacious 2-bedroom residence downstairs, complemented by a separate one-bedroom dwelling facing Pine Street. A three-car garage provides ample parking and storage space.Nestled in a meticulously preserved neighborhood near a school, this property caters to families and professionals seeking convenience and tranquility.Recent renovations, undertaken within the last four years, have revitalized every unit, infusing them with modern comforts and aesthetic charm.

From remodeled interiors to newer sectional garage doors, attention to detail is evident throughout.Moreover, essential infrastructure upgrades, including re-roofing and the installation of energy-efficient dual-pane vinyl-framed windows, ensure durability and sustainability for years to come. Additional enhancements, such as replaced waste water lines and a new main electrical panel, underscore the property's commitment to excellence.Professionally managed with care, this property offers both lifestyle and security. With a solid cap rate of 7.68%, seize the opportunity to add a lucrative asset to your portfolio.


Presented by Douglas Dart at
Dart Realty and Property Mgmt.
Listing Agent Photo

Property MLS #610466 from Fresno

Bedrooms: 5

Total Bathrooms: 4
Full Bathrooms: 4

Wood
Brick
Yard: Sprinkler - Front, Fenced, Mature Landcsape

Lot Dimensions Source: SqFt
Lot Size Acres: 0.2238292
Lot Size Square Feet: 9750

Garage Spaces: 1
Garage Description: Garage, Uncovered, More than One Space
Parking Features: Garage, Uncovered, More than One Space

Site Information: Corner

Association: No
Association Fee Amenities: Corner
Calculated Total Monthly Association Fees: 0

Number of Buildings: 3
Number of Units: 4

Income Includes: Unit Rent
Tenant Pays: All Utilities

City Region: Fresno
Source Listing Status: Sold
County: Fresno
Cross Street: Pine
Source Property Type: MultiFamily
Area: 703
Source Neighborhood: 703
Parcel Number: 45311218
Postal Code Plus 4: 4170
State Region: Urban
Property Subtype: Quadruplex
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$176,912 + $37,526
$214,438
$2,800
2021$173,444 + $36,791
$210,235
$2,724
2020$171,666 + $36,414
$208,080
$2,713
2019$168,300 + $35,700
$204,000
$2,610
2018$57,357 + $25,971
$83,328
$1,102
2017$56,233 + $25,462
$81,695
$1,084
2016$55,131 + $24,963
$80,094
$1,050
2015$54,303 + $24,589
$78,892
$1,035
2014$53,240 + $24,108
$77,348
$1,009
2013$53,000 + $24,000
$77,000
$1,005
2012$86,700 + $25,500
$112,200
$1,438
2010$85,000 + $25,000
$110,000
$1,473
2009$90,000 + $50,000
$140,000
$1,781
2009$75,000 + $40,000
$115,000
$1,781
2008$137,700 + $61,200
$198,900
$2,321
2007$277,440 + $71,400
$348,840
$4,273

Sold 2024-05-17
$515,000
Fresno
Listed 2024-04-05
$529,000
Fresno
Listing removed 2022-10-24
$0
Fresno
Listed 2022-09-23
$479,000
Fresno
Sold 2018-03-29
$200,000
Public Record
Listing removed 2018-03-17
$215,000
Fresno
Listed 2018-03-02
$215,000
Fresno
Listing removed 2017-12-01
$215,000
Fresno
Relisted 2017-09-26
$215,000
Fresno
Listing removed 2017-06-04
$215,000
Fresno
Listed 2017-05-30
$215,000
Fresno
Sold 2012-08-24
$77,500
Public Record
Listing removed 2012-06-13
$55,000
Fresno
Listed 2012-06-05
$55,000
Fresno
Sold 2006-03-16
$342,500
Public Record
Sold 2004-08-31
$199,500
Public Record
Sold 2003-02-04
$142,500
Public Record
Sold 1998-08-07
$85,000
Public Record
Sold 1985-11-27
$68,000
Public Record

Operating Expense Includes: Management, Gardener, Maintenance/Repair, Insurance, Accounting/Legal, Gas, Electric, Water, Sewer, Taxes

Total Square Feet Living: 2802
Year Built: 1942
Building Exterior Type: Wood, Brick
Levels: Two
Property Age: 82
Roof: Composition
Levels or Stories: 2

Gas: Public Utilities
Sewer: Public Water, Public Sewer
Solar Panels

Mayfair Elementary School is a public elementary school located approximately 0.2 miles away.
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Yosemite Middle School is a public middle school located approximately 0.4 miles away.
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Mclane High School is a public high school located approximately 1.1 miles away.
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San Joaquin Memorial High School is a private high school located approximately 0.8 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.