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1311 N Van Ness Ave

Fresno, CA 93728

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$840,000

6 bd
  |  
4 ba
  |  
3,844 sq ft
  |  
0.35 acre

1311 N Van Ness Ave

Fresno, CA 93728

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Listed On: 05/25/2025
Status: Pending (Taking Backup Offers)
Listing Number: 631003 (Fresno MLS)

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Presented By:

London Properties Investment Group
London Properties Investment Group 559.436.4065 Email Agent
Property Description
Discover this exceptional investment opportunity close to the Tower District: a meticulously clean and well-maintained 4-plex, perfect for both seasoned investors and those looking to expand their real estate portfolio. This prime property features two spacious 2-bedroom units (one currently vacant, allowing for new rent pricing) and two cozy 1-bedroom units, all with their own laundry spaces. Additionally, a detached studio offers potential as a 5th unit, enhancing rental income prospects. Three units boast modern HVAC systems for year-round comfort, while one has a cost-effective swamp cooler. Long-term tenants occupy three units, providing immediate rental income. The property's impeccable cleanliness reflects pride of ownership, and its location on Van Ness offers easy access to amenities, parks and entertainment.
Property Type
Multi Family
Property Subtype 1
Quadruplex
Year Built
1940
Region
Urban
Stories
One
Total Buildings
5
Total Units
4
Price Per Square Foot
$219
Price Per Acre
$2,380,952
Days On Market
35
Cumulative Days On Market
35
County
Fresno
Documents Available
Cash Flow Analysis
REO / Bank Owned
No
Cross Street Address
Van Ness / Olive
Directions
North on Van Ness. Property on left side.
Heat / Cool
Central Heat/Cool, Window or Wall A/C
Roofing
Composition
Foundation
Wood Subfloor
Fireplace
All Units
Exterior
Stucco
Gas & Electric
Public Utilities
Sewer / Water
Public Water
Garage Spaces
4
Additional Parking
One Space per Unit
APN
451 191 12 [PARCEL MAP]
School District
Fresno Unified
School Type 1
High School
School Name 1
Fresno
School Type 2
Junior High School
School Name 2
Fort Miller
School Type 3
Grade School
School Name 3
Heaton
Tenant Pays
Electricity, Gas, Cable TV
Income Includes
Unit Rent
Annual Income
31232.00
Annual Expense
15128.49
Expenses Include
Gardener, Maintenance/Repair, Insurance, Water, Sewer, Taxes, Vacancy Factor
Sources of Inc / Exp
Owner
Net Income
16103.51

Courtesy of Layla Granata, SME Real Estate - layla@smere.com
Last modified 3 months ago
Fresno MLS last checked for updates 28 minutes ago

The data relating to real estate for sale on this web site comes in part from the Internet Data eXchange (IDX) of the Multiple Listing Service. Real estate listings are marked with the IDX logo and detailed information about them includes the name of the listing broker and the name of the listing agent. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Information herein deemed reliable but not guaranteed, representations are approximate, individual verification recommended.

Copyright © 2025  London Properties, Ltd. All rights reserved.

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