Movoto Real Estate
Search
About Home value Property history Tax history Market statistics Schools Neighborhood Places of interest
Sold on 10/07/2022
  • Map Image
  • Map Image
  • Map Image

704 N Lake St, Madera, CA 93638

$2,424,568

Last sold 10/07/2022 for $1.75M

  • 32

    bed

  • 16

    bath

  • 13,478

    Sqft ($130/Sqft)

Multi-family not for sale
Learn about Madera's top local Real Estate agents

About 704 N Lake St

Property type Multi-family
Neighborhood
Year built 1972
HOA fee $0/month
Lot size 0.55 Acre
Movoto estimate
Property description
CASH COW! 7.9% GCRHighly desireble and hard find 16 unit apartment complex, all 2 Bedrooms 1 bath in Central Madera. Complex has had good tenancy with very little vacancies. Seller has upgraded 4 of the units for rent imporvements but there is stiill a big area of opportunity. GCR is at 7.9% PFwith the additional income from coin laundry. All Units have covered parking. Seller will collobarete with a 1031 exchange. If you are looking for a solid investment, this may be the one for you.
Listed by
Listing Agent - Noor Pandit Sahota
Listing Office - 3D Realty
Source: Fresno MLS mls logo
MLS#578032 • last updated 3 years ago
Movoto checked Fresno MLS for data 5 minutes ago
Overview
Cooling/AC Central Heat/Cool
Levels/Style Two, 2
Type Residential Income
SqFt 13478
SubType Multi Family
Status Sold
MLS # 578032
Lot Size (Acres) 0.5498
Lot Size (Sqft) 23949.288
Year Built 1972
Interior
Total # of Bedrooms 32
Fireplace None
Exterior
Construction Stucco, Other
Roof Composition, Other
Foundation Concrete Perimeter
Lot Features Suburban, Sprinkler - Auto
Amenities / Utilities
Water Source Public
Location
Community Features On-Site Manager
High School District Madera Unified
APN 4020015000
Multifamily Details
Total # of Units 16
$2.42M
Range: $2.18M-$2.66M
Last 30 days 
  • Oct 2022
    mls logo MLS # 578032
  • Oct 7, 2022 Sold
    $1,750,000
  • Jul 14, 2022 Pending
    —
  • Jul 7, 2022 Price Change
    $1,840,000 (-2.6%)
  • Jun 20, 2022 Listed
    —
  • Jun 19, 2022 Pending Acceptbackup
    —
  • Jun 19, 2022 Listed
    —
  • Jun 18, 2022 Pending Acceptbackup
    —
  • May 31, 2022 Pending
    —
  • May 18, 2022 Listed
    $1,890,000 (+55.9%)
  • Oct 2022
    Public Records
  • Oct 6, 2022 Sold
    $1,750,000 (-4.9%)
  • Jan 2019
    Public Records
  • Jan 8, 2019 Sold
    $1,212,000
  • Jan 2019
    mls logo MLS # MC18168039
  • Jan 8, 2019 Sold
    $1,212,000
  • Jan 8, 2019 Sold
    $1,212,000 (-13.1%)
  • Dec 18, 2018 Pending
    —
  • Oct 9, 2018 Active
    —
  • Oct 1, 2018 Listed
    —
  • Sep 17, 2018 Active
    —
  • Aug 29, 2018 Listed
    —
  • Jul 31, 2018 Pending
    —
  • Jul 11, 2018 Listed
    $1,395,000 (-3.7%)
  • Jul 11, 2018 Listed
    $1,449,000 (+39.2%)
  • Apr 2016
    mls logo MLS # MC16088269
  • Apr 27, 2016 Listed
    $1,041,000 (+2.1%)
  • Sep 2005
    Public Records
  • Sep 16, 2005 Sold
    $1,020,000
  • Year Property taxes Tax assessment
  • 2024
    $21,184 +2.5%
    $1,829,500 +4.07%
  • 2023
    $20,677 +40.3%
    $1,758,000 +37.13%
  • 2022
    $14,735 +1.9%
    $1,282,026
  • 2021
    $14,460 -1.8%
    $1,282,026 +3.04%
  • 2020
    $14,727
    $1,244,240
  • 704 N Lake St
    $1.75M
  • Central Madera
    $357K 0% y/y
  • 93638
    $450K +8% y/y
  • Madera
    $495K 0% y/y
No chart available
Statistics calculated by Movoto

Thinking of selling? Get a Cash Offer.

  • A smooth, fast sale
  • Skip staging and repairs
  • No strings attached
3/10
Thomas Jefferson Middle School
public Grades 7-8
Madera Unified School District
5/10
Madera High School
public Grades 9-12
Madera Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

Around Central Madera

Explore everything this neighborhood has to offer. Learn more about Central Madera.
View homes for sale in Central Madera
By entering my info and clicking Ask a Question below, I am providing my e-signature and express written consent to receive marketing emails, calls, and texts (including via automatic telephone dialing systems, AI generative, artificial or pre-recorded voice technology) relating to my inquiry from Movoto (and parties calling/messaging on their behalf) even if my number appears on the company, state, or national Do Not Call Registry. You also agree to ourTerms and Conditions and Privacy Policy. Consent not required to receive services (call 1-844-420-1270 to be connected without providing consent).

Nearby recently sold homes in Madera, CA

Nearby homes for sale in Madera, CA

Newest listings in 93638

  • Real Estate
  • CA
  • Madera County
  • Madera
  • 93638
  • Central Madera
  • 704 N Lake St
Meet with a real estate agent today (844) 430-0869
  • Movoto Logo
  • Download IOS APP Download Android APP
The multiple listing information is provided by Fresno MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information 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. Listing information updated every 15 minutes. Terms of use & Privacy Policy, California Privacy Info. Copyright © 2005 - 2026 Movoto, Inc. All rights reserved. Equal Housing Opportunity CalDRE CalDRE #01517281
Movoto Real Estate is committed to ensuring accessibility for individuals with disabilities. We are continuously working to improve the accessibility of our web experience for everyone. We welcome feedback and accommodation requests, please submit them here.
The data relating to real estate for sale on this web site comes in part from the Fresno Association of REALTORS®. 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.
Requests for information regarding mortgage products will be directed to Movoto.com affiliate, Lower, LLC - a licensed Mortgage Lender (NMLS #1124061), or, based on your location, may be redirected to a participating mortgage marketing partner that may pay Lower, LLC for any consumer contact information provided through this site.