4467 N Van Dyke, Fresno, California 93705, Fresno, 93705 - 3 bed, 2 bath
ACTIVE$325,000$1,292/sqft
Est. Value: $236,054
-27%
AboveEstimate
4467 N Van Dyke, Fresno, California 93705
3Beds
2Baths
1,292Sqft
8,580Lot
Price Vs. Estimate
The estimated value ($236,053.655) is $88,946.345 (27%) lower than the list price ($325,000). This property may be overpriced.
Key pros and cons
Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8580, living area = 1292.
Top Cons:
Requires Significant Rehabilitation: The property is positioned as needing rehabilitation, implying substantial financial and time investment for repairs and upgrades to maximize its potential.
Compared to the nearby listings
Price:$325.0K vs avg $325.0K (+$0)50%
Size:1,292 sqft vs avg 1,292 sqft50%
Price/sqft:$252 vs avg $26046%
More Insights
Built in 1956 (70 years old).
Condition: Built in 1956, this property requires substantial rehabilitation, as explicitly stated in the listing. The kitchen and bathrooms are significantly outdated, appearing to be original or very old, and are in poor condition, necessitating full renovation. While the hardwood floors are a positive feature, the overall property, including implied age-related system concerns (plumbing, electrical, HVAC), indicates a need for major repairs and upgrades to meet modern standards and functionality.
Year Built
1956
Close
-
List price
$325K
Original List price
$325K
Price/Sqft
$252
HOA
-
Days on market
-
Sold On
-
MLS number
FR26007770
Home ConditionPoor
Features
Patio
ViewNeighborhood
About this home
Investor Opportunity in Northwest Fresno! Priced at approximately 25% below market value, this 3-bedroom, 2-bath home offers exceptional upside for the savvy investor. Featuring beautiful hardwood floors, this 1,300± sq. ft. property sits on a generous 8,580 sq. ft. lot, providing flexibility for value-add improvements. Ideal for those looking to rehabilitate and flip or add a solid asset to a rental portfolio, this home is located in an established Northwest Fresno neighborhood with strong rental demand. With the right vision, this property presents a rare chance to unlock significant equity. Cash or rehab financing preferred—don’t miss this high-potential investment opportunity.
M
Michael Garabedian
Listing Agent
Price History
Date
Event
Price
11/27/13
Sold
$139,000
12/10/08
Sold
$112,500
05/19/06
Sold
$255,000
03/16/04
Sold
$175,000
11/14/03
Sold
$123,000
Condition Rating
Poor
Built in 1956, this property requires substantial rehabilitation, as explicitly stated in the listing. The kitchen and bathrooms are significantly outdated, appearing to be original or very old, and are in poor condition, necessitating full renovation. While the hardwood floors are a positive feature, the overall property, including implied age-related system concerns (plumbing, electrical, HVAC), indicates a need for major repairs and upgrades to meet modern standards and functionality.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8580, living area = 1292.
Significant Investment Potential: The property is explicitly marketed as an investor opportunity, priced approximately 25% below market value, indicating strong potential for capital appreciation or profit.
Value-Add Opportunity: Ideal for rehabilitation and flipping or adding to a rental portfolio, offering flexibility for value-add improvements to unlock significant equity.
Generous Lot Size: A substantial 8,580 sq. ft. lot provides ample space for potential expansion, landscaping, or outdoor amenities, enhancing future value.
Desirable Location: Situated in an established Northwest Fresno neighborhood known for strong rental demand, making it attractive for investors seeking stable income.
Original Character Feature: The presence of beautiful hardwood floors offers a desirable original feature that can be restored and maintained, adding to the home's appeal.
Cons
Requires Significant Rehabilitation: The property is positioned as needing rehabilitation, implying substantial financial and time investment for repairs and upgrades to maximize its potential.
Limited Financing Options: The preference for cash or rehab financing suggests that traditional mortgage options may be challenging, potentially narrowing the pool of prospective buyers.
Age-Related System Concerns: Built in 1956, the property is likely to have original or outdated systems (e.g., plumbing, electrical, HVAC) that may require costly replacement or upgrades.