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Fresno, CA 93721 1822 Van Ness Avenue

$1,299,000

1822 Van Ness Avenue Fresno, Ca - Image 11822 Van Ness Avenue Fresno, Ca - Image 21822 Van Ness Avenue Fresno, Ca - Image 3
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1822 Van Ness Avenue Fresno, Ca - Image 41822 Van Ness Avenue Fresno, Ca - Image 51822 Van Ness Avenue Fresno, Ca - Image 61822 Van Ness Avenue Fresno, Ca - Image 7
Presented By: Jo-Linda Garud with Valley Harvest Properties;
  • MLS# FR24074568
  • 04/17/2024
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  • BedBeds • 1
  • BathBaths • 1
  • FootageSQFT • 6,028

Home Details

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.
Presented By: Jo-Linda Garud with Valley Harvest Properties;

Interior Features for 1822 Van Ness Avenue

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsItem2CommonWalls
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesCommonArea
Street SuffixAvenue
Total Stories2

Other Rooms

Entry Level1

General for 1822 Van Ness Avenue

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Spaces2.0
Carport Y/NYes
CityFresno
Community FeaturesUrban
Construction MaterialsBrick
CoolingEvaporativeCooling, WallWindowUnits
CountyFresno
Days on Market14
DirectionsFrom 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.
Electric Expense457.94
Entry Locationground floor
Facing DirectionWest
Fuel Expense0.0
Garage Spaces0.0
Garage Y/NNo
Gross Income80546.0
HOA0.0
HOA / Comm AssnNo
HeatingElectric
Home Warranty Y/NNo
Insurance Expense3843.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCash, Conventional
Lot Size Square Feet5750.0
MLS AreaFSNO - Fresno
MobileHomeRemainsYNNo
Net Operating Income9645.74
New ConstructionNo
Number of Units Leased8
Operating Expense56882.0
Pool FeaturesNone
Private PoolNo
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubTypeApartment
Property TypeResidentialIncome
Rent Control Y/NNo
RoofFlat
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Street NameVan Ness
Total Actual Rent7090.0
Total Units8
Trash Expense1810.0
ViewNone
View Y/NNo
Water Sewer Expense3586.0
Waterfront Y/NNo
Year Built1950
Year Built SourcePublicRecords

Exterior for 1822 Van Ness Avenue

Building Area Total6028.0
Crops Included Y/NNo
FencingNone
Foundation DetailsConcretePerimeter
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesItem610UnitsAcre
Lot Size Acres0.132
Lot Size Area5750.0
Lot Size SourcePublicRecords
Lot Size UnitsSquareFeet
Number of Buildings2
Number of Separate Electric Meters8
Number of Separate Gas Meters1
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesCovered
SpaNo
Total Parking2.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $1,299,000
MLS#FR24074568
List Date 04/17/2024
Property Type Multi-Family
Phone 714.964.3311
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CRMLS Compliance Statements & Disclaimers

*According to the National Association of Realtors