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Sold for $2,950,000 on 02/05/25
  • $2,950,000

    5145 E Lane Ave, Fresno, CA 93727

    2beds
    1baths
    816sqft
    Multi Family
    Built in 1988
    -- sqft lot
    $2,980,600 Zestimate®
    $3,615/sqft
    $1,272 Estimated rent

    What's special

    Northmarq is pleased to announce that it has been retained as the exclusive listing agent for the sale of the La Hacienda Condo Portfolio, a collection of 17 units located within a Condominium Community located in the Sunnyside submarket in Fresno, California. This property provides the right investor an opportunity to acquire a turnkey asset in one of the nation's hottest submarkets.100% OCCUPIED WITH RENTAL UPSIDEThe Portfolio 100% occupied, providing investors an opportunity to enhance yield in the near-term with a slight rental increase and full recovery of loss-to-lease. Currently, there is a in-place loss-to-lease of 3.4%.ATTRACTIVE UNIT MIX OF 2 BEDROOM UNITS WITH WASHER / DRYER HOOKUPS AND AN AVERAGE SQUARE FOOTAGE OF 883 SFThe Portfolio features 10 two bedroom / One Bath units at 819 Square feet, 5 two bedroom two bath units at 912 square feet, 1 three bedroom one bath unit at 1000 square feet and a three bedroom two bath unit at 1,250 square feet. Average size is 883 square feet. The units features in-unit washer / dryers and hookups, garages, patios/balconies and ample storage.LA HACIENDA COMMUNITY FEATURESThere are two sparkling pools, fitness center and controlled access.

    Zillow last checked: 7 hours ago

    Listing updated: February 11, 2025 at 10:10am

    Listed by:

    Brendan L. Kane DRE #01976828 559-892-0036,

    Brendan Kane Real Estate

    Bought with:

    Brendan L. Kane, DRE #01976828

    Brendan Kane Real Estate

    Source: Fresno MLS,MLS#: 617400Originating MLS: Fresno MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    Heating
    • Has Heating (Unspecified Type)
    Cooling
    • Central Air
    Appliances
    • Included: Washer/Dryer(s) Leased
    Features
    • Has fireplace: No
    • Fireplace features: None
    Interior area
    • Total structure area: 816
    • Total interior livable area: 816 sqft

    Property

    Parking
    • Parking features: Open
    • Has attached garage: Yes
    • Has uncovered spaces: Yes
    Features
    • Levels: Multi/Split
    • Patio & porch: Patio
    Lot
    • Size: 910.40 sqft
    • Features: Suburban
    Details
    • Parcel number: 47238027

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Stucco
    • Foundation: Concrete Perimeter
    • Roof: Composition
    Condition
    • Year built: 1988

    Utilities & green energy

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

    Community & neighborhood

    Security
    • Security features: Security Gate
    Community
    • Community features: Pool, Fitness Center, Playground, On-Site Manager
    Location
    • Region: Fresno

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Income includes: Unit Rent
    Services availability
    Sell for more on Zillow

    Get a free Zillow Showcase℠ listing and you could sell for .

    $2,980,600
    2% more+ $59,612
    With Zillow Showcase(estimated)
    $3,040,212