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3468 S Frank Ave, Fresno, CA 93725
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3468 S Frank Ave Fresno, CA 93725

$525,000
  • 4 Beds
  • -- Baths
  • 2,340 Sq.Ft.
For Sale
$525,000 Get Pre-Qualified
Map preview of 3468 S Frank Ave, Fresno, CA 93725

Property Overview: 3468 S Frank Ave Fresno, CA has 4 bedrooms, -- bathrooms, 2,340 living square feet and 15,000 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: Great opportunity to own 5 individual rental properties! These individual houses are located on a 15,000 sqft corner lot, minutes away from FWY 99. Each property is approximately 468sqft, each with 1 bedroom & 1 bath. Potential rent income from Section 8 is $1272 per house, totaling $6360 per month, $76,320 per year. Current rents are below market rate. Also near Malaga Community Park & Recreation Center which has pool, soccer field and play ground. Make a contingency offer subject to inspection.

Listed by Judy Ramos | BRE #01488527 | Coldwell Banker Realty
Last checked: 14 minutes ago | Last updated: June 6th, 2023 | Source CRMLS | DOM: 383
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Home details

Lot Sq. Ft
15,000
HOA Dues
$0/mo
Year built
1958
Garage
--
Property Type:
Mixed Use
Status
Active
MLS#
ML81927269
City
Fresno
County
Fresno
Time on Site
386 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: --
  • Total # of Buildings: 5
Unit Breakdown 1
  • # of Units: --
  • # of Beds: 1
  • # of Baths: --
  • Actual Rent: $1,272
  • Total Rent: --
Unit Breakdown 2
  • # of Units: --
  • # of Beds: 1
  • # of Baths: --
  • Actual Rent: $1,272
  • Total Rent: --
Unit Breakdown 3
  • # of Units: --
  • # of Beds: 1
  • # of Baths: --
  • Actual Rent: $1,272
  • Total Rent: --
Unit Breakdown 4
  • # of Units: --
  • # of Beds: 1
  • # of Baths: --
  • Actual Rent: $1,272
  • Total Rent: --
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 14.54%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $76,320
  • Net Operating Income: --
  • Gross Operating Income: --
  • Other Income 1: $0
Annual Expense Breakdown
  • Total Operating Expense: --
  • Trash: $0
  • Insurance: $0
  • Maintenance: $0
  • Other Expenses: $0

Open Houses for 3468 S Frank Ave

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Property Details for 3468 S Frank Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Room Information
  • Flooring: Carpet, Tile
Exterior Features
Exterior Information
  • Roof: Composition
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Uncovered
Lot Information
  • Lot Size Source: Other
Property Information
  • Parcel Number: 33116306
  • Year Built Source: Other
  • Foundation Details: Concrete Perimeter
  • Accessibility Features: None
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 99S take exit onto Central Ave, turn left on Chestnut, right on Muscat and right on Frank Cross Street: Chestnut & Central
View more facts & features

Local Fresno Agent

Sale History for 3468 S Frank Ave

Last sold for $450,000 on July 21st, 2023

  • July, 2023

  • Jul 21, 2023

    Date

    Sold

    CRMLS: ML81928099

    $450,000

    Price

  • May 12, 2023

    Date

    Active

    CRMLS: ML81928099

    $525,000

    Price

  • Listing provided courtesy of CRMLS

    Great opportunity to own 5 individual rental properties! These individual houses are located on a 15,000 sqft corner lot, minutes away from FWY 99. Each property is approximately 468 sqft, each with 1 bedroom & 1 bath. Potential rent income from Section 8 is $1272 per house, totaling $6360 per month, $76,320 per year. Current rents are below market rate. Also near Malaga Community Park & Recreation Center which has pool, soccer field, and playground. Make a contingency offer subject to inspection.

  • May, 2023

  • May 5, 2023

    Date

    Active

    CRMLS: ML81927269

    $525,000

    Price

  • October, 2022

  • Oct 14, 2022

    Date

    Expired

    CRMLS: ML81896704

    $549,000

    Price

  • Jun 17, 2022

    Date

    Active

    CRMLS: ML81896704

    $549,000

    Price

  • Listing provided courtesy of CRMLS

    Great opportunity to own 5 individual rental properties! These freshly painted, individual houses are located on a 15,000 sqft corner lot, minutes away from FWY 99. Each property is approximately 468sqft, each with 1 bedroom & 1 bath. Potential rent income from Section 8 is $1085 per house, totaling $5425 per month, $65,100 per year. Current rents are below market rate. Also near Malaga Community Park & Recreation Center which has pool, soccer field and play ground. Currently all units are occupied. Make a contingency offer subject to inspection.

  • July, 2011

  • Jul 29, 2011

    Date

    Sold (Public Records)

    Public Records

    $150,000

    Price

Show More

Tax History for 3468 S Frank Ave

Assessed Value (2020): $172,268
Year Land Value Improved Value Assessed Value
2020 $40,194 $132,074 $172,268

Home Value Compared to the Market

This property vs the competition

3468 S Frank Ave is listed 31.25% higher than the median list price for the city of Fresno which has a median list price of $400,000. The median price per/sqft for Fresno is $248 and this home is listed at $224.36 per/sqft which puts the price per square foot 9.53% lower than the median price per square foot for the city of Fresno.

About 3468 S Frank Ave

Detailed summary of property

3468 S Frank Ave is a mixed use located in Fresno, CA 93725 and is currently for sale. This mixed use property offers 4 bedrooms, -- bathrooms, roughly 2,340 living square feet, and sits on an approximately 15,000 square foot lot. 3468 S Frank Ave was first listed on ArdentRealEstateGroup.com on June 5, 2023. The homeowner is currently asking $525,000. The median priced home in Fresno is $400,000 with a median price per square foot of $248. Based on Ardent Real Estate Group's Fresno Market Data, this home is listed 31.25% higher than the median priced home. Local competing homes currently for sale include 11715 S Avalon Blvd, 619 Cedar Ave and 16870 Merrill Ave. While the average home in Fresno, CA is selling in 102 days, 3468 S Frank Ave has a days on market of 383 days. There are currently 133 homes for sale in the Fresno real estate market and 123 of them are single family homes while 10 of them are condos and 0 are townhomes. For more information on this home for sale at 3468 S Frank Ave Fresno, CA 93725 contact Ardent Real Estate Group and we will put you in touch with one of our Fresno agents.

Public Facts for 3468 S Frank Ave

Public county record property details
Beds
1
Baths
1
Year built
1958
Sq. Ft.
468
Lot Size
15,000
Stories
1
Type
Residential Income (General) (Multi-Family)
Pool
No
Spa
No
County
Fresno
Lot#
--
APN
331-163-06

The source for these homes facts are from public records.

93725 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$425,000
Median List Price/Sq.Ft.
$225
Median Sold Price
--
Median Sold Price/Sq.Ft.
--
Total Inventory
4
Median Sale to List Price %
--
Avg Days on Market
--
Loan Type
--

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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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