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Prime 16-unit multifamily investment with significant value-add potential in the heart of Fresno. The property features 16 two-bedroom, one-bath apartments, each approximately 765 sq. ft. 11 of 16 units have been remodeled, providing modernized interiors and reduced capital needs for new ownership. Every unit includes designated parking and on-site coin-operated laundry facilities generate additional income while offering convenience for tenants. With vacancies ready to be leased at prevailing market rates, investors have the opportunity to immediately increase cash flow and stabilize the property for stronger returns. Strategically located near Fresno State University, Fresno Community College, California Health Sciences University, and Community Regional Medical Center, the property benefits from a diverse and steady tenant base of students, professionals, and families. Major employers such as Amazon, Fresno Unified School District, the IRS, and multiple city, state, and county offices further support strong rental demand and minimize vacancy risk. With its prime location, desirable unit mix and clear path for income growth, this offering presents investors with both near-term cash flow upside and long-term appreciation in the growing Fresno market.
Property Type(s):
Commercial
| Last Updated | 9/17/2025 | Year Built | 1965 |
|---|---|---|---|
| County | Fresno |
Additional Details
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| HEAT | Wall Furnace |
| LOT | 0.3702 acre(s) |
| STORIES | 2 |
| TAXES | 25283 |
| UTILITIES | Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Connected, Water Connected |
| WATER | Public |
Location
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Listed with PAK Home Realty
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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