Property DescriptionLa Casa Manor has been owned by the same investor for 10+ years with no rental increases. The building features 13 (2) two bedroom / (1) one bathroom units. Each unit is approximately 900 sq ft. Units have their own private balcony or patios, the property consists of two buildings with attached and detached covered parking. Buying a property that offers easy value creation is hard to find in a market. Ready for a new owner. Do not disturb tenants. Make all offers subject to inspection. Property is to be sold as-is.
- Property Type:
- Year Built:1971
- Square Footage:11660.00
- Lot Size: 19500.00 SqFt (0.45 acres)
- Baths:13.00 ()
- School District:Fresno Unified
- High School:McLane
- Junior High School:Scandinavian
- Grade School:Turner
- Listing Broker:Amanda Santana
- Listing Office:Realty Unlimited Group
Amenities / Utilities
- Tennis Court
A government loan program geared towards owner-occupied, first-time home buyers. Down payment can be as low as 3.5%. However, the buyer will have to pay the PMI (Principal Mortgage Insurance).
Down payment can be as low as 5%. For down payments lower than 20%, the buyer will have to pay PMI (Principal Mortgage Insurance). If the down payment is 20% or more, there will be no PMI charged to the buyer. When purchasing an owner-occupied property, interest rates may be lower as compared to purchasing an investment property. The limit for a conventional loan in Fresno County is $453,000. Loan limits are subject to change.
A loan above the conventional loan limit is considered a jumbo loan.