1 month on rocket

5145 E Lane Ave, Fresno, CA, 93727

$3,250,000

2 Bedrooms
1 Bath
816 SqFt
$3,983/SqFt
Multi

Location

Image provided by Mapbox

Property Highlights

Home TypeMulti Family
ParkingUncovered
Garage17 spaces
Year Built1988
HeatingCentral
CoolingCentral Air
FireplaceNone
MLS #617400
Lot Size0.02 Acres
StatusActive

About 5145 E Lane Ave

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.

Property Details

Property Features

Property Information:

  • Year Built: 1988
  • Living Area: 816 SqFt

Listing Office:

  • Office Name: Brendan Kane Real Estate
  • Office Phone: (559) 892-0036
  • Listing Agent: Brendan Kane

Interior Features

Interior Information:

  • Fireplace: None

Bedroom and Bathroom Information:

  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Garage Space: 17 spaces
  • Parking: Uncovered

Lot Features

Lot Information:

  • Lot Size: 0.02 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Sunnyside High School, Public Magnet Grades 9-12
  • Kings Canyon Middle School, Public District Grades 7-8
  • David L. Greenberg Elementary School, Public District Grades KG-6

Other

Directions Information:

  • Directions: 41 to 180 East 180 East to South Peach Peach to West Kings Canyon/Ceaser Chavez

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,250,000
  • Price Per SqFt: $3,983/SqFt
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Housing Market Comparison

See how this home compares to others in Fresno, CA.

Med. Sold Price

$389.8K

Med. Price/SqFt

$245

Avg. Days On Market

25

# of Sold Homes

311

5145 E Lane Ave vs Fresno

35 DAYS ON ROCKET

+10 Days

$3,250,000

+$2.8M More

$3,983/SqFt

+$3.7K More

KEY TAKEAWAY

This property is $2.8M more than the Median Sold Price and $3.7K/SqFt more than other homes in Fresno, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Fresno Multiple Listing System
  • MLS Number: #617400

Listing Office:

  • Office Name: Brendan Kane Real Estate
  • Office Phone: (559) 892-0036
  • Listing Agent: Brendan Kane

Based on information from the Fresno Association of REALTORS® (alternatively, from the Fresno MLS). 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.

Copyright 2024 Fresno Association of Realtors. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 9/27/2024, 10:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$16.2K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$9,810

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-892814
5
/10
  • David L. Greenberg Elementary School

  • 5081 E Lane Ave

  • 0.11 miles

  • Public District Grades KG-6

Middle School

school-card-donut-892815
4
/10
  • Kings Canyon Middle School

  • 5117 E Tulare Ave

  • 0.81 miles

  • Public District Grades 7-8

High School

school-card-donut-892816
4
/10
  • Sunnyside High School

  • 1019 S Peach Ave

  • 0.24 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $25,286. The majority of Fresno, CA residents have income less than $35k annually. Residents typically live in single, with kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

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Rocket HomesCaliforniaFresno CountyFresno937275145 E Lane Ave

This home is located at 5145 E Lane Ave in Fresno, CA and zip code 93727 in the Sunnyside neighborhood. This 816 square foot home, which was built in 1988, sits on a 0.02 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since August 23, 2024 and is currently priced at $3,250,000.

In August 2024, from all listings sold in Fresno, CA there were more than 111 sold above asking price, over 127 sold below and more than 73 were sold right at the asked price. Between July 2024 and August 2024, Fresno, CA real estate market has seen increase in the number of listings by 3%. Listings spent 25 days on the market in August 2024, and had a median list price of $389,874 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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