Chat 4781 E Ashlan Avenue, Fresno, CA 93726 | Guarantee Real Estate

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Listing provided courtesy of Fresno Income Properties - MLS#601452MLS Provider
Contact Information: Paul@FresnoIncomeProperties.com

4781 E Ashlan AvenueFresno, CA 93726

Multi-Family · 46 Beds · 19,768 Sq. ft. | 1.09 Acres

$3,300,000 Sold

Sold on 1/2/2024

Overview

Time on Site:
176 days
Visits:
0

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.

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Facts & Features

  • Type Multi-Family
  • Sq. ft. 19,768
  • Price/Sq.ft. $166
  • Lot 1.09 Acres

General

Income/Expenses
  • Net Operating Income: 199781.00
Listing Information
  • Availability Date: 1800-01-01
Building Information
  • Year Built: 1980
Location/Region
  • County Or Parish: Fresno
  • MLS Area Major: 726
Community/Development
  • Community Features: Pool,Utility Room
Rent/Lease Information
  • Tenant Pays: Electricity,Gas,Cable TV
General Information
  • Property Sub Type: 16 Units & More
  • Property Type: Multi Family

Interior

Parking Information
  • Garage Spaces: 0
Beds/Baths
  • Bathrooms Full: 0
  • Bathrooms Half: 0
  • Bathrooms One Quarter: 0
  • Bathrooms Three Quarter: 0
  • Bathrooms Total: 46.00
  • Bedrooms Total: 46
  • Bedrooms Possible: 0
General Information
  • Fireplace Features: None
  • Foundation Details: Concrete Perimeter
  • Living Area: 19768.00
  • Living Area Source: Tax Records
  • Stories: One

Exterior

Lot Information
  • Lot Features: Corner
  • Lot Size Acres: 1.0900
  • Lot Size Source: (Tax Records)
  • Lot Size Square Feet: 47480.00
  • Number Of Buildings: 4
Building Exterior/Construction
  • Construction Materials: Stucco,Wood
  • Roof: Shake,Composition
General Information
  • Number Of Units Total: 24

Neighborhood

Community

93726 (Fresno) Demographics
30
Median Age
6,694
Population Density (per sq. mile)
26%
College Educated
$43,651
Estimated Median Income
5,787
Estimated Total Home Owners
8,492
Estimated Total Renters
41% / 59%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

Elementary Schools
1
Public
Centennial Elementary
  • Grades: KG - 6
  • Enrollment: 794
1
Public
Crescent View West Public Charter
  • Grades: KG - 12
  • Enrollment: 1,720
1
Public
Holland Elementary
  • Grades: KG - 6
  • Enrollment: 446
5
Public
Manchester Gate
  • Grades: 2 - 6
  • Enrollment: 700
1
Public
Thomas Elementary
  • Grades: KG - 6
  • Enrollment: 855
2
Public
Viking Elementary
  • Grades: KG - 6
  • Enrollment: 728
1
Public
Vinland Elementary
  • Grades: KG - 6
  • Enrollment: 548
4
Public
Yosemite Valley Charter
  • Grades: KG - 12
  • Enrollment: 2,188
Middle Schools
1
Public
Centennial Elementary
  • Grades: KG - 6 /
  • Enrollment: 794
1
Public
Crescent View West Public Charter
  • Grades: KG - 12 /
  • Enrollment: 1,720
1
Public
Holland Elementary
  • Grades: KG - 6 /
  • Enrollment: 446
5
Public
Manchester Gate
  • Grades: 2 - 6 /
  • Enrollment: 700
1
Public
Scandinavian Middle
  • Grades: 7 - 8 /
  • Enrollment: 780
1
Public
Thomas Elementary
  • Grades: KG - 6 /
  • Enrollment: 855
1
Public
Tioga Middle
  • Grades: 7 - 8 /
  • Enrollment: 620
2
Public
Viking Elementary
  • Grades: KG - 6 /
  • Enrollment: 728
1
Public
Vinland Elementary
  • Grades: KG - 6 /
  • Enrollment: 548
4
Public
Yosemite Valley Charter
  • Grades: KG - 12 /
  • Enrollment: 2,188
High Schools
1
Public
Crescent View West Public Charter
  • Grades: KG - 12 /
  • Enrollment: 1,720
2
Public
Erma Duncan Polytechnical High
  • Grades: 9 - 12 /
  • Enrollment: 1,125
4
Public
Yosemite Valley Charter
  • Grades: KG - 12 /
  • Enrollment: 2,188
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

Market Data

Based on the last 30 days in this zip code

$347,964
Median Sales Price
$237
Median Price per Square Foot
12
Properties Sold
29
New on Market
52
Average Days on Market
56
Properties for Sale
Calculations provided by Reliance Network

History

Date Event Value Agent
1/3/2024Source: Fresno MLS Status Change
Sold
12/16/2023Source: Fresno MLS Status Change
Pending
11/14/2023Source: Fresno MLS Status Change
Pending AcceptBackup