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Sold on 11/10/2017
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3308 E Olive Ave, Fresno, CA 93702

  • $586,000

    Last sold 11/10/2017 for $296K

  • 12

    bed

  • 6

    bath

  • 3,960

    Sqft ($75/Sqft)

Multi-family not for sale
28 homes bought nearby with Movoto recently

About 3308 E Olive Ave

Property type Multi-family
Neighborhood
Year built 1975
HOA fee $0/month
Lot size 5,798 Sqft
Movoto estimate
Property description
Cash Cow, great return on your money! 11 percent cap rate cash and 18 percent with a loan. Located in easy to rent area Central Fresno. Convenient location near restaurants, shopping, schools, and Freeways. All three units are rented out to section 8 tenants. Two were recently rented and one is long term. Good turn over averaging 3 years. Each unit is 1320 sqft. Property is being sold as is and is ready for a new owner. All 3 are identical with indoor laundry room, 2 story, 4 bedrooms, 2 baths, central heating, and a back patio. Each have their own 1 car garage and property is fenced front and back. Do not walk grounds or disturb tenants. Make offer subject to inspection.
Listed by
Listing Agent - Nicholas E. Guerrero
Listing Office - Guarantee Real Estate
Source: Fresno MLS mls logo
MLS#490505 • last updated 8 years ago
Movoto checked Fresno MLS for data 9 minutes ago
Overview
Cooling/AC Evaporative Cooling, Wall/Window Unit(s)
Heating Central
Levels/Style Two, 2
Type Residential Income
SqFt 3960
SubType Triplex
Status Sold
MLS # 490505
Lot Size (Acres) 0.1331
Lot Size (Sqft) 5797.836
Year Built 1975
Interior
Total # of Bedrooms 12
Laundry In Unit
Appliances Refrigerator: All Units, Dishwasher: None, Disposal: None, Stove: All Units
Fireplace None
Exterior
Construction Stucco, Wood Siding
Roof Rolled/Hot Mop
Foundation Concrete Perimeter
Patio/Porch Patio
Lot Features Urban
Amenities / Utilities
Water Source Public
Location
High School District Fresno Unified
APN 45402206
Multifamily Details
Total # of Units 3
$586K
Range: $492K-$679K
Last 30 days 
  • Oct 2019
    mls logo MLS # 523792
  • Oct 2, 2019 Sold
    $370,000 (-1.3%)
  • Aug 22, 2019 Pending Acceptbackup
    —
  • Aug 14, 2019 Price Change
    $374,900 (-3.1%)
  • Jul 31, 2019 Price Change
    $387,000 (-1.5%)
  • Jul 10, 2019 Price Change
    $393,000 (-0.8%)
  • Jun 28, 2019 Listed
    —
  • Jun 5, 2019 Pending Acceptbackup
    —
  • May 24, 2019 Listed
    $396,000 (+33.8%)
  • Nov 2017
    mls logo MLS # 490505
  • Nov 10, 2017 Sold
    $296,000 (+2.1%)
  • Sep 26, 2017 Listed
    $289,900
  • Year Property taxes Tax assessment
  • 2024
    $5,076 -3.9%
    $404,645 +2.0%
  • 2023
    $5,280 +7.5%
    $396,712 +2.0%
  • 2022
    $4,911 +2.8%
    $388,934 +4.04%
  • 2021
    $4,777 +0.4%
    $373,833 +1.04%
  • 2020
    $4,756
    $370,000
  • 3308 E Olive Ave
    $296K
  • 702
    $419K
  • 93702
    $298K 0% y/y
  • Fresno
    $435K 0% y/y
No chart available
Statistics calculated by Movoto

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3/10
Yosemite Middle School
public Grades 7-8
Fresno Unified School District
5/10
Mclane High School
public Grades 9-12
Fresno Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

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