Pending
5145 E Lane Avenue
Fresno CA, 93727
$2,950,000
$3,615.20 per sqft
Pending
2 Beds
1 Bath
816 sqft
Multi-family
Built in 1988
Northmarq is pleased to announce that it has been retained as the exclusive listing agent for the sale of the La Hacienda Condo Portfolio, a collection of 17 units located within a Condominium Community located in the Sunnyside submarket in Fresno, California. This property provides the right investor an opportunity to acquire a turnkey asset in one of the nation's hottest submarkets.100% OCCUPIED WITH RENTAL UPSIDEThe Portfolio 100% occupied, providing investors an opportunity to enhance yield in the near-term with a slight rental increase and full recovery of loss-to-lease. Currently, there is a in-place loss-to-lease of 3.4%.ATTRACTIVE UNIT MIX OF 2 BEDROOM UNITS WITH WASHER / DRYER HOOKUPS AND AN AVERAGE SQUARE FOOTAGE OF 883 SFThe Portfolio features 10 two bedroom / One Bath units at 819 Square feet, 5 two bedroom two bath units at 912 square feet, 1 three bedroom one bath unit at 1000 square feet and a three bedroom two bath unit at 1,250 square feet. Average size is 883 square feet. The units features in-unit washer / dryers and hookups, garages, patios/balconies and ample storage.LA HACIENDA COMMUNITY FEATURESThere are two sparkling pools, fitness center and controlled access.
617400
MLSⓇ ID
June 26, 2024
Listed
November 22, 2024
Updated
Map
5145 E Lane Avenue
Fresno CA, 93727
Interior Features
Bedrooms
2
Total Bathrooms
1
Appliances
Washer/Dryer(s) Leased
Fireplace
No
Fireplace Description
None
Cooling
Yes
Cooling Description
Central Heat/Cool
Heating
Yes
Exterior/Building Features
Lot Size
0.02 Acres
Exterior Features
Suburban
Lot Features
Suburban
Roof
Composition
Sewer
Public Sewer
School Information
School District
Fresno Unified
Other Property Details
Area Name
727
Garage
Yes
Garage Spaces
17
Parking
Open
View
No
County
Fresno
Water Source
Public
Pool
No
Listing History
Date | Event | Price |
---|---|---|
10/30/2024 | Pending | — |
9/30/2024 | Price change | $2,950,000 -10% |
Listed by Brendan Kane Real Estate, Brendan L. Kane,
Listing Contact: 559-892-0036
All properties are subject to prior sale, change or withdrawal. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. 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 consumers may be interested in purchasing. Data last updated 11/22/2024 9:57 PM UTC.
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