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Bungalow Court 950 Divisadero St 8 Unit Apartment Building $1,225,000 ($153,125/Unit) Fresno, CA 93721
Investment Highlights
- CRAFTMAN SYLE DESIGN
- STATE OF THE ART INTERIOR AMENITIES
- PERFECT EXCHANGE PROPERTY
Executive Summary
PROPERTY DESCRIPTION
Built in 1922 and restored in 2012, Bungalow Court is an eight unit community located in the Mural District of downtown Fresno. The restoration includes improved wood frame construction to five buildings and two buildings were built ground up.
The unit mix consists of the following:
• 6 — 2 Bedroom | 1 Bathroom Cottage (672 SF)
• 2 — 2 Bedroom | 1 Bathroom (683 SF)
INTERIOR AMENITIES
The interior amenities include central ductless air conditioning, wall heating (select units), ceiling fans, stackable washer / dryer hookups, individual tankless hot water heaters, granite kitchen counter tops, wood style flooring, and a full, black appliance package. The appliance package includes a refrigerator, dishwasher, and electric stove.
EXTERIOR AMENITIES
The exterior amenities include beautifully landscaped grounds with craftsmenstyle architecture, community courtyard with BBQ station, and gated community access.
Built in 1922 and restored in 2012, Bungalow Court is an eight unit community located in the Mural District of downtown Fresno. The restoration includes improved wood frame construction to five buildings and two buildings were built ground up.
The unit mix consists of the following:
• 6 — 2 Bedroom | 1 Bathroom Cottage (672 SF)
• 2 — 2 Bedroom | 1 Bathroom (683 SF)
INTERIOR AMENITIES
The interior amenities include central ductless air conditioning, wall heating (select units), ceiling fans, stackable washer / dryer hookups, individual tankless hot water heaters, granite kitchen counter tops, wood style flooring, and a full, black appliance package. The appliance package includes a refrigerator, dishwasher, and electric stove.
EXTERIOR AMENITIES
The exterior amenities include beautifully landscaped grounds with craftsmenstyle architecture, community courtyard with BBQ station, and gated community access.
Property Facts
| Price | $1,225,000 | Building Class | C |
| Price Per Unit | $153,125 | Lot Size | 0.29 AC |
| Sale Type | Investment | Building Size | 5,398 SF |
| No. Units | 8 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1925 |
| Property Subtype | Apartment | Parking Ratio | 1.04/1,000 SF |
| Apartment Style | Garden | Opportunity Zone |
Yes
|
| Zoning | C-4 | ||
| Price | $1,225,000 |
| Price Per Unit | $153,125 |
| Sale Type | Investment |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.29 AC |
| Building Size | 5,398 SF |
| No. Stories | 1 |
| Year Built | 1925 |
| Parking Ratio | 1.04/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | C-4 |
Amenities
Unit Amenities
- Air Conditioning
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | $1,385 | 672 |
| 2+2 | 7 | $1,324 | 683 |
1 1
Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 466-133-46 | Improvements Assessment | $217,716 |
| Land Assessment | $75,481 | Total Assessment | $293,197 |
Property Taxes
Parcel Number
466-133-46
Land Assessment
$75,481
Improvements Assessment
$217,716
Total Assessment
$293,197
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