904 South Chance Avenue

Fresno, CA 93702

$400,000
Last Sold Price
8
Beds
8
Baths
4,160 Sq. Ft.
$96 / Sq. Ft.
4,160
Sq. Ft.
$96
per Sq. Ft.

Description

Cute little 8 Plex in a mixed use residential neighborhood with SFRs, multi family, a church next door and across from the Fresno County Fairgrounds. Never any graffitti, many long term tenants, grassy courtyard for kids to play, and an onsite laundry room. All units are 1 bedroom 1 bath, each with kitchen, eating area and livingroom. Complex appraised for $480,000 in August 2020. City of Fresno Neighborhood Revitalization made a routine site visit in 2019 and property passed with only minor corrections....Cute little 8 Plex in a mixed use residential neighborhood with SFRs, multi family, a church next door and across from the Fresno County Fairgrounds. Never any graffitti, many long term tenants, grassy courtyard for kids to play, and an onsite laundry room. All units are 1 bedroom 1 bath, each with kitchen, eating area and livingroom. Complex appraised for $480,000 in August 2020. City of Fresno Neighborhood Revitalization made a routine site visit in 2019 and property passed with only minor corrections. Fresno EOC did a complete weatheriszation, lead paint abatement, and installation of dual pane windows about 15 years ago. Contract your Realtor for more information and do not disturbe tenants since they are unaware of the sale. Property to be sold for cash and as is.
  1. Listed by Ken Neufeld • DRE #00788084 • London Properties Ltd

Property Details for 904 South Chance Avenue

Zoning
R-3
Living Area
4160
Area
Other (LCOTH)
Lot Size Area
13700
HOA Fee Frequency 1
Monthly
HOA Fee Frequency 2
Monthly
Assessor Parcel Number
47015302
Directions
From Cedar & Ventura, go east on Ventura to Chance, then south on Chance to the property

Location

Listing Courtesy of London Properties Ltd

Sold By NONMEMBER MRML

Add your commute
LISTING UPDATED: 06/06/2022 12:13 PM

Property Details for 904 South Chance Avenue

StatusSold
MLS #MD20222980MR
Days on Market6
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Apartment
Year Built1957
CountyFresno County

Location

Listing Courtesy of London Properties Ltd

Sold By NONMEMBER MRML

Add your commute

Building Information for 904 South Chance Avenue

Building/Complex904 S Chance AveFloor-Stories1Residences-Pet Policy-Year Built1957Building Size-

Payment Calculator

$2,633 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,183

Property Taxes

$450

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 904 South Chance Avenue

Community / Development
Community / Development
  • Number Of Units: 8
  • Professional Management: 0.0
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights, Urban
Structure Info
Structure Info
  • Building Type: Attached
  • Number Of Stories: 1
  • View: No
  • View Description: None
  • Guest House: None
  • Direction Faces: East
  • Exposure: East
  • Water Heater Features: Central Water Heater, Gas
Contract Info
Contract Info
  • Financing: Cash To New Loan
  • Disclosures: LA/Owner Related
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Net Operating Income: $23,211.00
  • Gross Scheduled Income: $44,850
  • Monthly GrossI Income: $44,850.00
  • Total Annual Expense: 21528
  • Water Expense: $4,250.00
  • Gas Expense: $0
  • Electric Expense: $2,000.00
  • Trash Expense: $2,500.00
  • Tax Expense: $5,000
  • Insurance Expense: $2,100
  • Expense Operating: $21,528.00
  • Management Expense: $.00
Land / Lot Info
Land / Lot Info
  • Land Lease Type: Fee
  • Lot Acreage: 0.0
  • Lot Size Dimensions: 100 x 137
  • Telephone: 0.0
  • Cable: 0.0
  • Assessments: None
Parking Details
Parking Details
  • Parking Garage: Assigned
  • Total Parking: 8
  • Open Other Spaces Total: 8
  • Garage Spaces Total: 0
  • Carport Spaces Total: 0
  • Number Of Remote Controls: 0.0
Interior Features
Interior Features
  • Fireplace Rooms: None
  • Heating Type: Floor Furnace
  • Equipment: Refrigerator
  • Bedroom Features: Main Floor Bedroom, WalkInCloset
  • Common Walls: Attached
  • Cooking Appliances: Gas/Electric Range
  • Disability Access: None
Exterior Features
Exterior Features
  • Pool: No
  • Pool Description: None
  • Spa: No
  • Spa: None
  • Fence: Chain Link, Wrought Iron
  • Windows: Double Pane Windows
  • Construction MVO: Wood Siding
Lease Terms
Lease Terms
  • Listing Terms: Cash
  • Rent Control: No
  • Tenant Pays: Electricity, Gas
Unit Details
Unit 1 Information
  • Unit Beds: 8
  • Unit Baths: 8
  • Unit Rent: $46,200.00
  • Unit Actual Rent: $46,200.00
  • Unit Projected Rent: $48,000.00
  • Like Units: 8
Unit Details
  • Number of Electric Meters: 9
  • Number of Gas Meters: 9
  • Number Range: 8
  • Number Refrigerator: 8
  • Number Water Meters: 1

Property History for 904 South Chance Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 904 South Chance Avenue

Taxable ValueLand$53,060Additions$363,099Total$416,159
Tax Record2023$5,403 ($450 / month)
Home Facts
Total Finished SqFt4,160 SqFtAbove Grade Finished SqFt4,160 SqFtStories1Lot Size13,700 SqFtStyleMulti-Family Res (5+ Units)Year Built1957ZoningRS5CountyFRESNOAPN470-153-02Fireplace TypeHas Fireplace

Schools near 904 South Chance Avenue

This home is within Fresno Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Lane Elementary School
PublicK to 6

Sequoia Middle School
Public7 to 8

Roosevelt High School
Public9 to 12

Cambridge Continuation High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of London Properties Ltd

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.