523 S Del Norte Avenue #A-B $700,000

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    523 S Del Norte Avenue #A-B Kerman, CA 93630

    Sold
    SOLD 12/8/2020

    $700,000

    • 12 Beds
    • 0 Baths
    • 4,320 sq. ft.
    • Multi-Family
    • MLS# 546978
    523 S Del Norte Avenue #A-B, Kerman, CA 93630
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    Listing provided courtesy of: Pearson Realty
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    Property Details

    The property is located on a regular shaped parcel of land totaling 0.34 acres and is improved with a 6 unit, one story garden style apartment complex. All 6 units are 2 bedroom, 1 bath and approximately 720 each. 5 units are currently on month to month and paying below market rent. A new owner can achieve the upside in rents without the added expense of renovating the units. Each unit is separately metered for gas and electricity and features dual pane windows and HVAC units located on the roof.

    • General Features
      • Annual Expense 16887.00
      • Annual Income 59674.00
      • Transaction Type Sale
      • Year Built 1973
      • Expenses Include All
      • Reo Bank Owned No
      • Property Subtype 1 5 to 15 Units
      • Lease Type Net
      • County Fresno
    • Building Features
      • Exterior Stucco
      • Foundation Concrete Perimeter
      • Three Quarter Bathrooms 0
      • Stories One
      • Square Footage 4320.00
      • Full Bathrooms 0
      • Half Bathrooms 0
      • Roofing Composition
      • Fireplace None
      • Heat Cool Central Heat/Cool
    • Property Features
      • Sewer Water Public Water,Public Sewer
      • Lot Square Footage 15000.00
      • Lot Measurement SqFt
      • Gas Electric Public Utilities
      • Garage Spaces 0
      • Acres 0.34
      • Additional Parking Carport
    • Schools
      • School Name 1 Kerman
      • School Name 3 Liberty
      • School Name 2 Kerman
      • School Type 3 Grade School
      • School Type 2 Junior High School
      • School Type 1 High School

    Neighborhood

    93630 (Kerman) Demographics

    29 Median Age
    123 Population Density (per sq. mile)
    17% College Educated
    $40,654 Estimated Median Income
    2,678 Estimated Total Home Owners
    2,557 Estimated Total Renters
    51% / 49% Estimated Owner / Renter Divide
    4 Estimated Average Household Size
    19,095 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $335,000 Median Sales Price
    7 Homes Sold
    6 New On Market

    Average Days on Site

      Properties for Sale
        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- New in Database Source New Value: $0 -100%
        12/8/2020 12:00:00 AM Sold Source New Value: $700,000
        9/4/2020 7:31:44 AM Status Changed Source New Value: Pending
        The data relating to real estate for sale on this website is provided in part by Fresno Association of Realtors.Information deemed reliable but not guaranteed. The property information provided on this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. ©2021 All rights reserved.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.