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$2,100,000   Price Analysis
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2337 E Shaw Ave
Fresno, CA 93710
19 bed 14 bath 9,296 SqFt ($225/SqFt)
0.66 acre lot. Built 1959
Listed 2024-07-24, Taxes $16,760
Ⓧ USDA Ineligible
due to price & location

near Fresno

3D Realty is pleased to present the exclusive opportunity to acquire Shaw Ave Apartments

* Sale Pending *

A fully occupied, turnkey mult-family building comprising 14 upgraded units. Conveniently located across from Fresno State with excellent proximity to Campus Pointe, (shopping, entertainment and the Save Mart Center) with easy freeway access perfect for student housing or short-term rentals.Shaw Ave Apartments consist of a total of 14 well-maintained units, 5 units are 2 bedrooms/1 bath and 9 units are 1 bedroom/1 bath with 2 onsite laundry rooms making it convenient for tenants.

The AC units, windows and roofs were replaced in 2013 and the parking lot was also repaved in 2013. The exterior has been freshly painted, the rod iron fence surrounding property has been newly painted, sewer lines and electrical panels were recently replaced. Covered carport parking with a security gate is always a plus. Please see the attached rent roll with scheduled rent increases and PandL report with a proforma.


Presented by Katherine Davenport at
3D Realty.
Listing Agent Photo

Property MLS #615851 from Fresno

Bedrooms: 19

Total Bathrooms: 14
Full Bathrooms: 14

Stucco
Wood
Yard: Sprinkler - Auto, Fenced, Mature Landcsape

Lot Dimensions Source: SqFt
Lot Size Acres: 0.6612
Lot Size Square Feet: 28800

Garage Description: Carport, Covered, Uncovered, One Space per Unit
Parking Features: Carport, Covered, Uncovered, One Space per Unit

Number of Buildings: 6
Number of Units: 14

Security Gate

Income Includes: Unit Rent, Laundry
Tenant Pays: Electricity, Cable TV

City Region: Fresno
Source Listing Status: Pending AcceptBackup
County: Fresno
Cross Street: E Shaw/N Maple
Source Property Type: Multi Family
Area: 710
Property Subtype: condo
Source Neighborhood: 710
Parcel Number: 43009008
Postal Code Plus 4: 8214
State Region: Suburban
Property Subtype: 5 to 15 Units
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$1,155,155 + $144,391
$1,299,546
$16,760
2021$1,132,505 + $141,560
$1,274,065
$16,303
2020$1,120,893 + $140,109
$1,261,002
$16,234
2019$1,098,915 + $137,362
$1,236,277
$15,612
2018$1,077,368 + $134,669
$1,212,037
$15,275
2017$1,056,244 + $132,029
$1,188,273
$15,015
2016$1,035,534 + $129,441
$1,164,975
$14,521
2015$1,019,980 + $127,497
$1,147,477
$14,301
2014$400,811 + $100,454
$501,265
$6,363
2013$399,000 + $100,000
$499,000
$6,336
2012$432,000 + $100,000
$532,000
$6,741
2010$432,000 + $100,000
$540,250
$6,837
2009$682,000 + $158,000
$846,200
$10,616
2009$432,000 + $100,000
$539,480
$10,616
2008$748,151 + $180,405
$934,756
$10,835
2007$733,482 + $176,868
$914,550
$11,248

Listed 2024-07-24
$2,100,000
Fresno
Sold 2023-07-20
$1,425,000
Fresno
Sold 2014-03-12
$1,125,000
Public Record
Listing removed 2014-02-21
$1,300,000
Fresno
Listed 2013-11-21
$1,300,000
Fresno
Sold 2012-09-11
$490,000
Public Record
Listing removed 2012-08-02
$525,000
Fresno
Listing removed 2012-07-01
$545,000
Fresno
Relisted 2012-06-06
$545,000
Fresno
Listing removed 2012-05-07
$549,500
Fresno
Price Changed 2012-02-07
$549,500
Fresno
Price Changed 2011-11-15
$599,000
Fresno
Listed 2011-09-08
$699,500
Fresno
Sold 2004-10-01
$875,000
Public Record
Sold 2003-02-14
$550,000
Public Record
Sold 1982-10-01
$250,000
Public Record

Operating Expense Includes: Management, Gardener, Maintenance/Repair, Insurance, Accounting/Legal, License/Ads, Water, Sewer, Taxes, Vacancy Factor

Total Square Feet Living: 9296
Year Built: 1959
Building Exterior Type: Stucco, Wood
Levels: One
Property Age: 65
Roof: Composition
Levels or Stories: 1

Gas: Public Utilities
Sewer: Public Water
Washer/Dryer (s)

Vinland Elementary School is a public elementary school located approximately 0.4 miles away.
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Tioga Middle School is a public middle school located approximately 1.2 miles away.
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Herbert Hoover High School is a public high school located approximately 1.5 miles away.
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Fresno Montessori School is a private elementary school located approximately 1 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.