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1747-1751 Van Ness Avenue

Fresno, CA 93721
  • $495,000
  • STATUS: Active
  • ON SITE: 113 Days
  • ID#: 583296
UPDATED: 54 min ago
$495,000
  • 7
    BEDS
  • 0.13
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 2,750
    SQFT
  • $180
    $/SQFT
Neighborhood:
721
Type:
Multi-Family
Built:
1935
County:
Area:
721

School Information

Elementary School:
Middle School:
High School:
School District:

Description

FOR SALE - 1747-1751 Van Ness Ave., Fresno. This is a rare opportunity for an owner-user or investor to buy a mixed-use property in downtown Fresno. Commercial storefront with a residential triplex in back (4 units total). The commercial unit has a shower and kitchenette and can be converted into a residential unit or a live/work unit. The upstairs apartment unit is Section 8. Includes on-site parking. The property is 100% leased. Rents have increased every year. This is a great low-maintenance investment property for your real estate portfolio. Flexible zoning - great for redevelopment. Located in an Opportunity Zone.The property underwent major remodeling about 10 years ago. A new roof and stucco were installed about 2 years ago.Located near the corner of Amador & Van Ness in the Cultural Arts District. Withinwalking distance to new residential developments (including a 28-unit mixed-use project under construction across the street and a planned 15-unit mixed-use development on the same block), restaurants, art studios, and historic buildings. Easy access to Freeway 180 and all major freeways in the Central Valley.NOTE: The two parcels on both sides are also available for sale. You can buy the parcels separately or together for a discount of $1,100,000.Contact listing broker for lease details, interior photos, and video tours. DO NOT DISTURB THE TENANT.

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© 2022 Fresno Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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. Data last updated: 2022-12-08T13:46:49.45.
www.yourfresnorealty.com/homes/132201967
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1747-1751 Van Ness Avenue Fresno, CA 93721

  • Price: $495,000
  • Status: Active
  • On Site: 113 Days
  • Updated: 54 min ago
  • ID#: 583296
7
Beds
4
Baths
0
½ Baths
0.13
Acres
2,750
SQFT
$180
$/SQFT
1935
Built
Neighborhood:
721
County:
Fresno
Area:
721
Elementary School:
Lowell
Middle School:
Tehipite
High School:
Edison
School District:
Fresno Unified
Property Description
FOR SALE - 1747-1751 Van Ness Ave., Fresno. This is a rare opportunity for an owner-user or investor to buy a mixed-use property in downtown Fresno. Commercial storefront with a residential triplex in back (4 units total). The commercial unit has a shower and kitchenette and can be converted into a residential unit or a live/work unit. The upstairs apartment unit is Section 8. Includes on-site parking. The property is 100% leased. Rents have increased every year. This is a great low-maintenance investment property for your real estate portfolio. Flexible zoning - great for redevelopment. Located in an Opportunity Zone.The property underwent major remodeling about 10 years ago. A new roof and stucco were installed about 2 years ago.Located near the corner of Amador & Van Ness in the Cultural Arts District. Withinwalking distance to new residential developments (including a 28-unit mixed-use project under construction across the street and a planned 15-unit mixed-use development on the same block), restaurants, art studios, and historic buildings. Easy access to Freeway 180 and all major freeways in the Central Valley.NOTE: The two parcels on both sides are also available for sale. You can buy the parcels separately or together for a discount of $1,100,000.Contact listing broker for lease details, interior photos, and video tours. DO NOT DISTURB THE TENANT.
Exterior Features

Exterior StuccoBrick Parking UncoveredMore Than One Space Region Urban Roofing Composition

Interior Features

Fireplace None Floor Wood Subfloor Heating And Cooling Central Heat/CoolWindow Or Wall A/C Stories Multi/Split

Property Features

Annual Expense 5000.00 Annual Income 42900.00 Cross Street Address Amador Expenses Include InsuranceElectricTaxes First Loan Type Private Gas And Electric Public Utilities Income Includes Unit Rent Lease Type Net Lot Measurement Sqft Lot Size Source (Tax Records) Net Income 37900.00 Property Subtype1 Triplex Reo Or Bank Owned No Sale Options Adjacent Available Sewer Water Public WaterPublic Sewer Square Footage Source Tax Records Tenant Pays All Utilities Terms ConventionalCashSubmit Transaction Type Sale Unique Conditions 1031 Exchange

Listing provided courtesy of Ronald Stumpf of Stumpf And Company: ron@stumpfandcompany.com;559-222-3058.


© 2022 Fresno Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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. Data last updated: 2022-12-08T13:46:49.45.
 
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