NOT LISTED FOR SALE

4781 E Ashlan Ave Fresno, CA 93726

Hoover Neighborhood
46 Beds
46 Baths
19,768 Sq Ft
1.09 Acres

Last Sold January 02, 2024

Last sale price $3,300,000 $167 Per Sq Ft

74 Days on Market

Highlights

  • 1.09 Acre Lot
  • Second Dishwasher
  • Central Air
  • Corner Lot
  • 1-Story Property
  • Wood Siding

About This Home

As of January 2024

Welcome to Ashlan Lagoon, a remarkable 19,768 SF Apartment Complex nestled in the heart of Fresno, California. Ashlan Lagoon Apartments offer astute investors an exceptional point of entry into the lucrative world of multifamily-apartment commercial investments, thanks to its consistent occupancy. What sets Ashlan Lagoon apart is its extraordinary, all-single-story design, comprising 24 spacious units: 22- 2Bedroom/2Bath units, and 2- 1Bedroom/ 1Bath units. Stability and long-term viability are inherent to this investment, with an excellent location within a thriving community. Moreover, Ashlan Lagoon Apartments share borders with the prestigious Clovis, CA community and are conveniently minutes away from Fresno International Airport, Fresno State University, local elementary schools, and the bustling Rodeo Plaza Shopping Center (home to Costco and Walmart Supercenter), with other major retailers like Dutch Bros and Walgreens in close proximity. Ashlan Lagoon Apartments are your gateway to a secure and lucrative real estate investment in Fresno, CA. Don't miss this exceptional opportunity to own a piece of prime real estate. Invest in Ashlan Lagoon today and reap the rewards of stability and growth in the thriving Fresno real estate market.

Last Listed By

Paul Gestic

Fresno Income Properties License #01376488 Listed on: 09/01/2023

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1980

Lot Details

  • 1.09 Acre Lot
  • Corner Lot
  • Front and Back Yard Sprinklers

Parking

  • Carport

Home Design

  • Shake Roof
  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 19,768 Sq Ft Home
  • 1-Story Property
  • Leased Washer and Dryer

Kitchen

  • Second Stove
  • Second Dishwasher

Bedrooms and Bathrooms

  • 46 Bedrooms
  • 46 Bathrooms

Utilities

  • Central Air

Listing and Financial Details

  • Tenant pays for electricity, gas, cable TV

Community Details

Overview

  • 4 Buildings
  • 24 Units

Building Details

  • Gross Income $307,356

Property Details

Home Type

Multi-Family

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Type: Multi Family
  • Property Sub Type: 16 Units & More
  • Price Per Square Foot: 166.94
  • Year Built Exception: 0
  • Stories: One
  • Leased Equipment: Washer/Dryer (s)
  • Special Features: None
  • Year Built: 1980

Interior Features

  • Dishwasher: More than One unit
  • Disposal: More than One Unit
  • Fireplace: None
  • Refrigerator: More than One Unit
  • Stove: More than One unit
  • Bathrooms: 46.00
  • Bedrooms: 46
  • Facilities: Pool, Utility Room
  • Square Footage: 19768.00

Exterior Features

  • Yard: Sprinkler - Front, Sprinkler - Back
  • Roofing: Shake, Composition
  • Exterior: Stucco, Wood
  • Foundation: Concrete Perimeter

Garage/Parking

  • Additional Parking: Carport, One Space per Unit

Utilities

  • Gas And Electric: Public Utilities
  • Sewer/Water: Public Water, Public Sewer
  • Heat/Cool: Central Heat/Cool

Condo/Co-op/Association

  • Association: Fresno MLS

Association/Amenities

  • Site Amenities: Corner

Lot Info

  • Acres: 1.0900
  • Lot Measurement: Square Feet
  • Lot Size Sq Ft: 47480.00
  • Price Per Acre: 3027522.94

Building Info

  • Year Built: 1980

Rental Info

  • TenantPays: Electricity, Gas, Cable TV

Multi Family

  • Annual Income: 307356.00
  • IncomeIncludes: Unit Rent, Laundry, Month to Month, Lease
  • Total Units: 24

MLS Schools

  • School District 2: Fresno Unified

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/02/2024 01/02/24 Sold $3,300,000 -5.7% $167 / Sq Ft
11/14/2023 11/14/23 Pending -- -- --
09/01/2023 09/01/23 For Sale $3,500,000 -- $177 / Sq Ft
Source: Fresno MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Paul Gestic

    Seller's Agent in 2024

    Paul Gestic

    Fresno Income Properties

    (559) 438-9425

    11 in this area

    149 Total Sales

    Paul Gestic
    Section Image
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Map

Source: Fresno MLS

MLS Number: 601452

Fresno MLS

APN: 430-210-51

California Fresno County Fresno 93726 Hoover

4781 E Ashlan Ave, Fresno, CA

Homes for Sale in Fresno, CA

This home is located at 4781 E Ashlan Ave, Fresno, CA 93726 since 01 September 2023. This property was built in 1980. 4781 E Ashlan Ave is a home located in Fresno County with nearby schools including Viking Elementary School, Ahwahnee Middle School, and Herbert Hoover High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Fresno MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.