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Active Properties - January 2005


For a pdf listing of all of our properties on Loopnet, click here...

For questions or more information on any of these properties, feel free to call our office at 559-233-9600 or email us at esti@lightning-international.com


12 Units, Centrally Located on Vassar

Price: $695,000.00
Two-story building. 5660 gross sq ft (2910 1st fl, 2750 2nd floor). Lot is 13,750 sq. ft. Zoned R-3. All units are 1br/1ba. On Vassar between N. College and San Pablo streets. Close to City College, Fresno & DeWolf High Schools, childcare and shopping centers.

With 15% down, seller will consider carrying 10%, new financing 75%.

Income Propery in Montebello, CA

Price: $1,300,000.00
4 Properties on 1 Lot:
Property #1 consists of: 4 br, 2 ba, approx 1000 sq. ft., rents for $1800/mo; 1 br, 1 ba, approx 700 sq. ft, rents for $800/mo.; studio that rents for $400/month.
Property #2 consists of: 6 br, 2 ba rents for $2000/mo.
Property #3 consists of: 5 br, 1 1/2 ba, currently vacant, was renting for $2000/mo.
Property#4 consists of: 6 br, 2 ba, rents for $2000/mo.

9,345 sq ft of rentable space with almost $1 per sq/ ft rental income. Parking, detached 2-car garages, laundry facilities. R3 Zoning. Property in process of finishing rehab, needs little work. Seller will finish all work before COE.

Located in LA suburb with minumum potential for additional units and an increasing demand for rentals. Close to transportation, employment and shopping centers.

With 15% down, seller will carry 10% with new financing 75% LTV.

Great Income Property...Price Reduced!

SELLER MOTIVATED...MAKE AN OFFER!!

Price: $295,000.00
2 Separate buildings...Two 2 br/1 ba, currently rented for $630 apiece, and 1 br/1 ba, currently vacant, should rent for $525. Seller is completing rehab, will deliver totally finished and 100% occupied by COE. Fenced yard, quiet neighborhood. Located on Effie St., north of Divisadero, West of Abby.

Owner may consider carryng at 8% for 2 years, 25% down.

Live Where You Work - Artist Studio in the Tower

Price: $195,000.00
Two buildings on 1 corner lot. Zoned C-5, consists of a 689 sq ft art studio and a 1400 sq ft warehouse. Both rent for total of $375/month. Seller in process of rehabbing warehouse. Property is in well-established residential neighborhood with low vacancies, close to busy arterial streets and 1/2 mile from Fresno City College.

Seller movtivated, will consider financing at 8% for 2 years with 25% down.

Dreamcatcher Ranch

Price: $2,000.00/acre
Beautiful and serene...one of a kind working cattle ranch in the foothills of the Sierra. The ranch has two all year streams, fine gold creek and Arnold creek with several natural springs and well that produces 50 gallons per minute. The ranch has large oak, cedar and pine trees, with green hills & pristine meadows. It is the home to herds of deer, flocks of wild turkeys, quails and doves.

MUST SEE TO APPRICIATE...

The ranch is located 4 miles from beautiful Bass Lake, nestled in the pines of Madera county. 26 miles to Yosemite National Park, 35 miles east of fresno and 20 miles from Central California newest casino. Property consists of approx. 3,661 acres. 9 separate tax parcels: 160.00 acres, 564.74 acres, 640 acres, 648.28 acres, 440.00 acres, 200.00 acres, 327.84 acres, 440.00 acres and 240 acres.

Property can be subdivided into 40 acres parcels AS PER SELLER. Seller will sell one parcel or all.

$2,000.00 PER ACRE SELLER WILL CARRY WITH 15% DOWN

Tower District - First Offering

Price: $650,000.00
LOCATION! LOCATION! LOCATION!!! Tower District is Fresno's dining district, close to down town and Fresno City College. Easy excess to HWY 99 and 41.

Unique property! 4 units plus a retail store on a large corner lot in the desirable Tower District. Currently vacant, in the process of being rehabbed. Two 1 br/1ba units, one 3 br/1 ba unit, and one 2 br/1 ba unit.

Seller will finish rehab to accomodate buyer's needs, will guarantee rent for full price all cash as follows: 1 br units should rent for $575 each; 2 br should rent for $700; 3 br should rent for $1000. Plus approx. 2,000 Sq. Ft. retail store rented at $2,000 mo. All rents include utilities. Total income per month: $4850.

Owner financing available at 8% for 2 years with 20% down.