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1822 Van Ness Ave, Fresno, CA 93721
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1822 Van Ness Ave Fresno, CA 93721

$1,299,000
  • 8 Beds
  • 6 Baths
  • 6,028 Sq.Ft.
For Sale
$1,299,000 Get Pre-Qualified
Map preview of 1822 Van Ness Ave, Fresno, CA 93721

Property Overview: 1822 Van Ness Ave Fresno, CA has 8 bedrooms, 6 bathrooms, 6,028 living square feet and 5,750 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: In the heart of downtown, this commercial mixed-use property offers 8 units fully rented. There are two spacious storefronts 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.

Listed by Jo-Linda Garud | BRE #02002053 | Valley Harvest Properties
Last checked: 14 minutes ago | Last updated: May 25th, 2024 | Source CRMLS | DOM: 44
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Home details

Lot Sq. Ft
5,750
HOA Dues
$0/mo
Year built
1950
Garage
--
Property Type:
Apartment
Status
Active
MLS#
FR24074568
City
Fresno
County
Fresno
Time on Site
45 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 8
  • Total # of Buildings: 2
  • # of Leased Units: 8
  • # of Electric Meters: 8
  • # of Gas Meters: 1
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $815
  • Total Rent: $815
  • Pro Forma/Market Rent: $910
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $920
  • Total Rent: $920
  • Pro Forma/Market Rent: $1,185
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,185
  • Total Rent: $1,185
  • Pro Forma/Market Rent: $1,185
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 0
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $925
  • Total Rent: $925
  • Pro Forma/Market Rent: $1,045
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 0
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $970
  • Total Rent: $970
  • Pro Forma/Market Rent: $1,045
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $750
  • Total Rent: $750
  • Pro Forma/Market Rent: $700
Unit Breakdown 7
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $775
  • Total Rent: $775
  • Pro Forma/Market Rent: $750
Unit Breakdown 8
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $750
  • Total Rent: $750
  • Pro Forma/Market Rent: $910
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $80,546
  • Net Operating Income: $9,646
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $56,882
  • Electric: $458
  • Gas/Fuel: $0
  • Trash: $1,810
  • Insurance: $3,843
  • Professional Management: $12,000
  • Water/Sewer: $3,586

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Property Details for 1822 Van Ness Ave

Interior Features
Cooling Information
  • Has Cooling
  • Evaporative Cooling, Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Electric
Laundry Information
  • Has Laundry
  • Community
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • Roof: Flat
  • No Fence
  • None
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Covered
Lot Information
  • Lot Features: 6-10 Units/Acre
  • Lot Size Source: Public Records
  • Common Interest: Community Apartment
Property Information
  • No View
  • View: None
  • Common Walls: 2+ Common Walls
  • Total # of Units: 8
  • Parcel Number: 46613107
  • Year Built Source: Public Records
  • Entry Level: 1
  • Foundation Details: Concrete Perimeter
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location 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.
Neighborhood Information
  • Community Features: Urban
View more facts & features

Local Fresno Agent

Sale History for 1822 Van Ness Ave

Last sold for $800,000 on March 21st, 2018

  • April, 2024

  • Apr 17, 2024

    Date

    Active

    CRMLS: FR24074568

    $1,299,000

    Price

  • March, 2018

  • Mar 21, 2018

    Date

    Sold (Public Records)

    Public Records

    $800,000

    Price

  • August, 2012

  • Aug 10, 2012

    Date

    Sold (Public Records)

    Public Records

    $240,000

    Price

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Tax History for 1822 Van Ness Ave

Assessed Value (2020): $832,320
Year Land Value Improved Value Assessed Value
2020 $46,818 $785,502 $832,320

Home Value Compared to the Market

This property vs the competition

1822 Van Ness Ave is listed 227.2% higher than the median list price for the city of Fresno which has a median list price of $397,000. The median price per/sqft for Fresno is $245 and this home is listed at $215.49 per/sqft which puts the price per square foot 12.04% lower than the median price per square foot for the city of Fresno.

About 1822 Van Ness Ave

Detailed summary of property

1822 Van Ness Ave is a apartment located in Fresno, CA 93721 and is currently for sale. This apartment offers 8 bedrooms, 6 bathrooms, roughly 6,028 living square feet, and sits on an approximately 5,750 square foot lot. 1822 Van Ness Ave was first listed on ArdentRealEstateGroup.com on April 17, 2024. The homeowner is currently asking $1,299,000. The median priced home in Fresno is $397,000 with a median price per square foot of $245. Based on Ardent Real Estate Group's Fresno Market Data, this home is listed 227.2% higher than the median priced home. Local competing homes currently for sale include 1231 N Cherokee Ave, 4407 La Clede Ave and 6091 Harold Way. While the average home in Fresno, CA is selling in 89 days, 1822 Van Ness Ave has a days on market of 44 days. There are currently 143 homes for sale in the Fresno real estate market and 134 of them are single family homes while 9 of them are condos and 0 are townhomes. For more information on this home for sale at 1822 Van Ness Ave Fresno, CA 93721 contact Ardent Real Estate Group and we will put you in touch with one of our Fresno agents.

Public Facts for 1822 Van Ness Ave

Public county record property details
Beds
--
Baths
--
Year built
1950
Sq. Ft.
6,028
Lot Size
5,750
Stories
2
Type
Retail Stores ( Personal Services, Photography, Travel)
Pool
No
Spa
No
County
Fresno
Lot#
--
APN
466-131-07

The source for these homes facts are from public records.

93721 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$140,000
Median List Price/Sq.Ft.
$201
Median Sold Price
$154,200
Median Sold Price/Sq.Ft.
$162
Total Inventory
1
Median Sale to List Price %
100%
Avg Days on Market
2
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (100%), Other (0%)

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Fresno Agent
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(714) 706-1823
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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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