In the heart of downtown, this commercial mixed-use property is 8 units fully rented. There are two spacious storefronts unit on the bottom floor totaling approximately 900 sqft each, accompanied by four fully occupied one-bedroom units above. Adding to its appeal, there are two studios at the rear, complete with parking and abundant storage, all within a robust brick building from the 1950s. Generating a healthy monthly income with room for rent increases, this investment presents an enticing opportunity in the market.
Property Details
Property Features
Property Information:
Year Built: 1950
Stories: 2
Living Area: 6,028 SqFt
Listing Office:
Office Name: Valley Harvest Properties
Office Phone: (559) 779-7132
Listing Agent: Jo-Linda Garud
Interior Features
Interior Information:
Fireplace: None
Bedroom and Bathroom Information:
Total Bedroom Count: 8
Exterior Features
Parking Information:
Parking: Covered, One Space per Unit
Lot Features
Lot Information:
Lot Size: 0.13 Acres
Utilities
Utilities Information:
Cooling: Evaporative Cooling, Wall/Window Unit(s)
School Info
Assigned Schools Information:
Roosevelt High School, Public Magnet Grades 9-12
Tehipite Middle School, Public District Grades 6-8
Lowell Elementary School, Public District Grades KG-6
Other
Directions Information:
Directions: From the intersection of E. Divisadero St and N. Van Ness Ave, head south in N. Van Ness and arrive at location on the left (east) side of the roadway.
Price Information
Listing Price Info
Price Summary:
List Price: $1,299,000
Price Per SqFt: $215/SqFt
Tax Information:
Annual Amount: $10,807
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Fresno, CA.
This property is $914.8K more than the Median Sold Price and $25/SqFt less than other homes in Fresno, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: Fresno Multiple Listing System
MLS Number: #610759
Listing Office:
Office Name: Valley Harvest Properties
Office Phone: (559) 779-7132
Listing Agent: Jo-Linda Garud
Based on information from the Fresno Association of REALTORS® (alternatively, from the Fresno MLS). 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. The information being provided is 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.
Copyright 2024 Fresno Association of Realtors. All rights reserved. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 4/30/2024, 4:25:16 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$10,807
$840,942
2020
$10,807
$832,320
2019
$3,452
$816,000
2018
$3,452
$259,738
2017
$3,291
$254,646
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
3
/10
Lowell Elementary School
171 N Poplar Ave
Distance between this listing and this school0.21 miles
Public District Grades KG-6
Middle School
1
/10
Tehipite Middle School
630 N Augusta St
Distance between this listing and this school1.17 miles
Public District Grades 6-8
High School
2
/10
Roosevelt High School
4250 E Tulare St
Distance between this listing and this school2.50 miles
Public Magnet Grades 9-12
Assigned Schools
3
/10
Lowell Elementary School
171 N Poplar Ave
Distance between this listing and this school0.21 miles
Public District Grades KG-6
Nearby Schools
7
/10
Akira Yokomi Elementary School
2323 E Mckenzie Ave
Distance between this listing and this school0.88 miles
Public Magnet Grades KG-6
3
/10
Columbia Elementary School
1025 S Trinity St
Distance between this listing and this school0.90 miles
Public District Grades KG-6
Assigned Schools
1
/10
Tehipite Middle School
630 N Augusta St
Distance between this listing and this school1.17 miles
Public District Grades 6-8
Nearby Schools
10
/10
Edison Computech
555 E Belgravia Ave
Distance between this listing and this school1.91 miles
Public Magnet Grades 7-8
3
/10
Hamilton Elementary School
102 E Clinton Ave
Distance between this listing and this school2.11 miles
Public Magnet Grades KG-8
Assigned Schools
2
/10
Roosevelt High School
4250 E Tulare St
Distance between this listing and this school2.50 miles
Public Magnet Grades 9-12
Nearby Schools
1
/10
School of Unlimited Learning
2336 Calaveras St
Distance between this listing and this school0.30 miles
Public Charter Grades 9-12
1
/10
Big Picture High School - Fresno
1207 S Trinity St
Distance between this listing and this school1.03 miles
The neighbors living near this home have an average income of $20,649. Residents of Fresno, CA typically earn less than $35k each year. Typical family type is single, no kids. Most residents in this area have high school diploma education.
This home is located at 1822 Van Ness Ave in Fresno, CA and zip code 93721 in the Cultural Arts District neighborhood. This 6,028 square foot home, which was built in 1950, sits on a 0.13 acre lot. Features: 8 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since April 17, 2024 and is currently priced at $1,299,000.
In March 2024 more than 126 listings in Fresno, CA were sold above the asking price. During the same period more than 63 listings were sold at asking price, while more than 117 were sold below. The number of homes for sale in Fresno, CA increased by 7.1% between February 2024 and March 2024. The median list price of listings available in March 2024 was $384,129, while the average time on the real estate market was 31 days.
From Rocket Homes Real Estate and based on county public records data.