19
See all 19 photos
$760,000
Est. payment /mo
10 Beds
10 Baths
4,328 SqFt
New
3374 W Shields AVE #101-4 Fresno, CA 93722
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Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,328 sqft
Price per Sqft $175
MLS Listing ID 631004
Bedrooms 10
Full Baths 10
HOA Y/N No
Year Built 1990
Lot Size 10,890 Sqft
Property Sub-Type Quadruplex
Property Description
Design: Townhouse-style units in a gated communityTotal Units: 42 Units - 3 Bed / 2.5 Bath2 Units - 2 Bed / 2.5 BathFeatures (per unit):1-Car GarageWasher/Dryer HookupsPrivate Yard🌿 Community & HOAGated Community: Provides added security and appealHOA Dues: $1,250/monthHOA Includes: Water, sewer, garbage, exterior maintenance, security, landscaping, and common area upkeep💵 Financial Overview🔢 Current Rent Roll (Total $6,953/month)Unit Type Current Rent101 3 Bed / 2.5 Bath $1,874102 2 Bed / 2.5 Bath $1,505103 2 Bed / 2.5 Bath $1,545104 3 Bed / 2.5 Bath $1,964📈 Projected Rents (Effective 8/1/25, Pending Fresno Housing Authority Approval)Unit Projected Rent101 $2,030102 $1,505103 $1,675104 $2,030Total Projected Rent: $7,335/monthComparable Market Rents: ~$7,400/monthRent Increase Request: 8.8% via NORA (high approval likelihood)💰 Voucher Limits (Fresno Housing Authority)3-Bed Units: Up to $2,2802-Bed Units: Up to $1,620Current and proposed rents remain within voucher limits - ideal for long-term Section 8 occupancy.💼 Operational NotesAll Units Occupied or Lease-Secured: Immediate positive cash flow⚠️ Sale ConditionsContingent on Seller Securing a Replacement PropertySeller reserves right to cancel if suitable exchange is not found (likely a 1031 Exchange)
Location
State CA
County Fresno
Interior
Heating Central
Cooling Central Heat/Cool, Central Air
Fireplaces Type None
Exterior
Utilities Available Public Utilities, Natural Gas Connected
Roof Type Composition
Building
Lot Description Urban
Story 2
Foundation Concrete Perimeter
Sewer On, Public Sewer
Water Public
Schools
High Schools Central Unified
Others
Virtual Tour https://www.youtube.com/watch?v=FMlmtpCCtWs
Listed by Realty Concepts, Ltd. - Clovis
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