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Multi-Family Property, 6-Unit 4421 E Hedges Ave 6 Unit Apartment Building $799,900 ($133,317/Unit) Fresno, CA 93703
Investment Highlights
- Property was completely renovated in 2020
Executive Summary
Colliers | Fresno is pleased to present this 6-unit turnkey, investment property available for sale located at 4421 E. Hedges Avenue in Fresno, California. This 6-unit property totals approximately 4,608 square feet. Each unit has 2 bedrooms/1 bathroom and is approximately 703 square feet.
Centrally located in Fresno, California, the property is near the intersection of Cedar and Olive Avenues, and is in close proximity to both Freeways 168 and 180. Built in 1967,
the building is situated on approximately 10,500 square feet of land and zoned RS5.
Centrally located in Fresno, California, the property is near the intersection of Cedar and Olive Avenues, and is in close proximity to both Freeways 168 and 180. Built in 1967,
the building is situated on approximately 10,500 square feet of land and zoned RS5.
Property Facts In Escrow
| Price | $799,900 | Lot Size | 0.24 AC |
| Price Per Unit | $133,317 | Building Size | 7,617 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| No. Units | 6 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1967 |
| Property Subtype | Apartment | Parking Ratio | 1.3/1,000 SF |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Building Class | C | ||
| Zoning | RS5 - Apartments | ||
| Price | $799,900 |
| Price Per Unit | $133,317 |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.24 AC |
| Building Size | 7,617 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1967 |
| Parking Ratio | 1.3/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | RS5 - Apartments |
Amenities
Unit Amenities
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Property Manager on Site
- Smoke Free
- Public Transportation
- Walk-Up
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 6 | - | 703 |
1 1
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 453-224-15 | Improvements Assessment | $576,935 |
| Land Assessment | $40,048 | Total Assessment | $616,983 |
Property Taxes
Parcel Number
453-224-15
Land Assessment
$40,048
Improvements Assessment
$576,935
Total Assessment
$616,983
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Multi-Family Property, 6-Unit | 4421 E Hedges Ave
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