5860 West Santa Ana Avenue, Unit 101

Fresno, CA 93722

$12,900,000
Price
48
Beds
50
Baths
4,720 Sq. Ft.
$2,733 / Sq. Ft.
4,720
Sq. Ft.
$2,733
per Sq. Ft.

Description

20 existing townhouses with approximately 6.61 acres of fully entitled, construction ready land with some onsite improvements (water, sewer, storm and utilities stubbed to all phases) completed and plans for an additional 82 units with multiple APN numbers providing flexibility to sell individual parcels and realize the highest per unit pricing. There are 7 existing buildings comprised of four (4) duplexes and three (3) fourplexes. This is a unique opportunity for a buyer to purchase income producing...20 existing townhouses with approximately 6.61 acres of fully entitled, construction ready land with some onsite improvements (water, sewer, storm and utilities stubbed to all phases) completed and plans for an additional 82 units with multiple APN numbers providing flexibility to sell individual parcels and realize the highest per unit pricing. There are 7 existing buildings comprised of four (4) duplexes and three (3) fourplexes. This is a unique opportunity for a buyer to purchase income producing units and 82 ready to be built units on Phases 2-5 (15 duplexes and 13 fourplexes). An additional 1.6 acres of land is included in the offering to gain access to Shaw Ave. There are a total of 19 duplex buildings and 16 fourplex buildings and 34 parcels. Property Location:The property is conveniently located just south of Shaw and west of Freeway 99 offering easy commuter access and is close to restaurants and shopping along west Shaw Ave or the El Paseo shopping center via Veterans Boulevard. Address: 5860-5870 W. Santa Ana Ave, Fresno CA 93722Exiting 20 Townhouses - 100% Leased- Averages $45,000/mo gross income4 Duplex Buildings all 3 bedroom and 2.5 bathrooms- 1,180 SF3 Fourplex Buildings all 2 bedrooms and 2.5 bathrooms - Type A: 1,062 SF (2 per building)- Type B: 1,018 SF (2 per building)
  1. Listed by Derek J Feramisco • DRE #01427540 • RC Commercial

Property Details for 5860 West Santa Ana Avenue, Unit 101

Garage Spaces
20
Garage Type
Attached
Cross Street Address
Hayes

Location

Listing Courtesy of RC Commercial
Add your commute
LISTING UPDATED: 05/07/2024 09:28 AM

Property Details for 5860 West Santa Ana Avenue, Unit 101

StatusActive
MLS #612015
Days on Market24
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / 16 Units & More
Year Built2022
Lot Size0.37 AC / 16,117 SF
CountyFresno County

Location

Listing Courtesy of RC Commercial
Add your commute

Building Information for 5860 West Santa Ana Avenue, Unit 101

Stories-Residences20Year Built2022Building Size-Lot Size0.37 AC / 16,117 SF

Payment Calculator

$71,274 per month

30 year fixed, 7.25% Interest

Principal and Interest

$70,401

Property Taxes

$873

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5860 West Santa Ana Avenue, Unit 101

Summary
Location and General Information
  • Region: Suburban
  • Directions: West on Shaw, then south on Hayes, then East on Santa Ana.
  • Census Tract: .00
School Information
  • Schools Comment: Buyer to verify
  • School Name 1: Justin Garza High
  • School Name 2: Glacier Point
  • School Name 3: Harvest
  • School Type 1: High School
  • School Type 2: Junior High School
  • School Type 3: Grade School
Taxes and HOA Information
  • Association: Fresno MLS
Lot Information
  • Square Footage Source: Tax Records
  • APN: 51054020
  • Lot Measurement: SqFt
  • Lot Size Source: (Tax Records)
  • Multiple Listing Service: Fresno Multiple Listing System
Property
Property and Assessments
  • REO/Bank Owned: No
  • FIPS Code: 19
  • Age: 0
  • Property Disclaimer: Information herein deemed reliable but not guaranteed, representations are approximate, individual verification recommended.
  • Total Buildings: 0
  • Stories: Two
Utilities
  • Gas & Electric: Public Utilities
  • Sewer/Water: Public Water, Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior: Stucco
  • Foundation: Concrete Perimeter
  • Roofing: Composition
Interior Features
  • Heat/Cool: Central Heat/Cool
  • Fireplace: None
Multi Family
Income & Expenses Information
  • Annual Expense: $127,140.00
  • Annual Income: $540,000.00
  • Expenses Include: Management, Gardener, Maintenance/Repair, Insurance, Water, Sewer, Taxes
  • Income Includes: Unit Rent
  • Net Income: $412,860.00
  • Total Units: 20
Unit 1 Information
  • Unit Number: 0
  • Unit Description: Duplex
  • Square Feet: 0
  • Rooms: 0
  • Bathrooms: .00
  • Identical Units: 4
  • Rent: $.00
Rental
Rental Information
  • Tenant Pays: Electricity
  • Lease Type: Net

Property History for 5860 West Santa Ana Avenue, Unit 101

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 5860 West Santa Ana Avenue, Unit 101

Taxable ValueLand$70,000Additions$750,000Total$820,000
Tax Record2023$10,472 ($873 / month)
Home Facts
Total Finished SqFt4,720 SqFtAbove Grade Finished SqFt4,720 SqFtStories2Lot Size16,117 SqFtStyleMulti-Family Res (5+ Units)Year Built2022ZoningRM2CountyFRESNOAPN510-540-20

Schools near 5860 West Santa Ana Avenue, Unit 101

This home is within Fresno County Office Of Education School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - K to 12
Public - K to 6
Rating
School
Distance
Teague Elementary School
PublicK to 6

Glacier Point Middle
Public7 to 8

Central Unified Alternative/Opportunity
PublicK to 12

Pathway Elementary Community Day
PublicK to 6

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.

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5860 West Santa Ana Avenue, Unit 101 is a multi-family home for sale in Fresno, CA 93722. This property was listed for sale on May 6, 2024 by RC Commercial, it's currently listed at $12,900,000. This listing's school districts are Fresno County Office Of Education School District, Central Unified School District. Nearby schools include Teague Elementary School, Glacier Point Middle and Central Unified Alternative/Opportunity. 5860 West Santa Ana Avenue, Unit 101 is a 48-bed, 50-bath, 4,720 sqft multi-family home built in 2022.

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 RC Commercial

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.