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Sold for $1,035,000 on 05/16/23
  • $1,035,000

    1747 Van Ness Ave, Fresno, CA 93721

    7beds
    4baths
    2,750sqft
    Multi Family, Triplex
    Built in 1935
    -- sqft lot
    $950,200 Zestimate®
    $376/sqft
    $1,648 Estimated rent

    Home value

    $950,200

    $865,000 - $1.05M

    $1,648/mo

    Zestimate® history
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    What's special

    FOR SALE - 1 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.

    Zillow last checked: 8 hours ago

    Listing updated: July 18, 2023 at 12:52pm

    Listed by:

    Ronald Stumpf DRE #00533442 559-222-3058,

    Stumpf And Company

    Bought with:

    Esmeraldo T. Esposo Jr, DRE #01453628

    Esposo Properties and Financia

    Source: Fresno MLS,MLS#: 583296Originating MLS: Fresno MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 4
    Heating
    • Has Heating (Unspecified Type)
    Cooling
    • Central Air, Wall/Window Unit(s)
    Features
    • Has fireplace: No
    • Fireplace features: None
    Interior area
    • Total structure area: 2,750
    • Total interior livable area: 2,750 sqft

    Property

    Parking
    • Parking features: Open, More than One Space
    • Has uncovered spaces: Yes
    Features
    • Levels: Multi/Split
    Lot
    • Size: 5,549 sqft
    • Features: Urban
    Details
    • Parcel number: 46613403

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family, Triplex
    Materials
    • Stucco, Brick
    • Foundation: Wood Subfloor
    • Roof: Composition
    Condition
    • Year built: 1935

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Public Utilities

    Community & neighborhood

    Location
    • Region: Fresno

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Income includes: Unit Rent
    • Listing terms: Conventional,Cash,Submit,1031 Exchange

    Price history

    DateEventPrice
    5/16/2023Sold$1,035,000+109.1%$376/sqft
    Source: Fresno MLS #583296
    2/23/2023Pending sale$495,000$180/sqft
    Source: Fresno MLS #583296
    1/17/2023Listing removed--
    Source: Fresno MLS #583296
    8/16/2022Listed for sale$495,000$180/sqft
    Source: Fresno MLS #583296

    Public tax history

    Tax history is unavailable.

    Neighborhood: Central

    Nearby schools

    GreatSchools rating
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    An equal housing lender. NMLS #10287.

    Sell for more on Zillow
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    $950,200
    2% more+ $19,004
    With Zillow Showcase(estimated)
    $969,204