Discover a prime investment opportunity in Fresno's thriving real estate landscape - a meticulously maintained 6-unit complex with a blend of two studios and four 1-bedroom apartments. Secured by four covered parking stalls, this property offers immediate stability with potential for increased returns through rent adjustments.Located within walking distance to the vibrant Tower District, residents enjoy easy access to shops, clubs, and restaurants. Proximity to Freeway 168, 99, and 41 ensures convenience and connectivity. The fully gated complex features a courtyard, adorned with a rock fountain flowing into a Koi pond, providing a serene retreat.Architecturally distinguished by black iron, red bricks, and a white building, these units have undergone recent remodels, showcasing a perfect blend of classic charm and modern comfort. Tenant convenience is elevated with a coin operated laundry room featuring a washer and dryer.Surrounded by mature landscaping and trees, this complex exudes a tranquil ambiance. Boasting a well-maintained status and a solid capitalization rate of over 5.5% at current rents, seize the opportunity to add a strategic income-generating asset to your portfolio. With proximity to downtown Fresno offices, Fulton Mall, breweries, restaurants, and cultural hubs, this investment promises both immediate returns and long-term growth. Act now to secure your stake in Fresno's dynamic real estate market.
Property Details
Property Features
Property Information:
Year Built: 1953
Stories: 2
Living Area: 2,630 SqFt
Listing Office:
Office Name: Dart Realty
Office Phone: (559) 442-4141
Listing Agent: Douglas Dart
Interior Features
Interior Information:
Fireplace: None
Bedroom and Bathroom Information:
Total Bedroom Count: 4
Exterior Features
Exterior Information:
Exterior: Fence
Parking Information:
Parking: Carport, Covered
Lot Features
Lot Information:
Lot Size: 0.09 Acres
Utilities
Utilities Information:
Heating: Floor Furnace
Cooling: Wall/Window Unit(s)
School Info
Assigned Schools Information:
Fresno High School, Public Magnet Grades 9-12
Fort Miller Middle School, Public District Grades 7-8
Muir Elementary School, Public District Grades KG-6
Other
Directions Information:
Directions: Head east on Belmont past palm, before fulton make a left at Yosemite. Destination is on the left
Price Information
Listing Price Info
Price Summary:
List Price: $639,900
Price Per SqFt: $243/SqFt
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Housing Market Comparison
See how this home compares to others in Fresno, CA.
This property is $255K more than the Median Sold Price and $1/SqFt more than other homes in Fresno, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: Fresno Multiple Listing System
MLS Number: #608028
Listing Office:
Office Name: Dart Realty
Office Phone: (559) 442-4141
Listing Agent: Douglas Dart
Based on information from the Fresno Association of REALTORS® (alternatively, from the Fresno MLS). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Copyright 2024 Fresno Association of Realtors. All rights reserved. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 5/8/2024, 9:20:33 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
2
/10
Muir Elementary School
410 E Dennett Ave
Distance between this listing and this school0.41 miles
Public District Grades KG-6
Middle School
1
/10
Fort Miller Middle School
1302 E Dakota Ave
Distance between this listing and this school2.51 miles
Public District Grades 7-8
High School
2
/10
Fresno High School
1839 N Echo Ave
Distance between this listing and this school1.13 miles
Public Magnet Grades 9-12
Assigned Schools
2
/10
Muir Elementary School
410 E Dennett Ave
Distance between this listing and this school0.41 miles
Public District Grades KG-6
Nearby Schools
3
/10
Lowell Elementary School
171 N Poplar Ave
Distance between this listing and this school0.47 miles
Public District Grades KG-6
5
/10
Susan B. Anthony Elementary School
1542 E Webster Ave
Distance between this listing and this school0.66 miles
Public District Grades KG-6
Assigned Schools
1
/10
Fort Miller Middle School
1302 E Dakota Ave
Distance between this listing and this school2.51 miles
Public District Grades 7-8
Nearby Schools
1
/10
Tehipite Middle School
630 N Augusta St
Distance between this listing and this school1.21 miles
Public District Grades 6-8
3
/10
Hamilton Elementary School
102 E Clinton Ave
Distance between this listing and this school1.53 miles
Public Magnet Grades KG-8
Assigned Schools
2
/10
Fresno High School
1839 N Echo Ave
Distance between this listing and this school1.13 miles
Public Magnet Grades 9-12
Nearby Schools
1
/10
School of Unlimited Learning
2336 Calaveras St
Distance between this listing and this school0.77 miles
Public Charter Grades 9-12
1
/10
Big Picture High School - Fresno
1207 S Trinity St
Distance between this listing and this school1.46 miles
The neighbors living near this home have an average income of $27,222. Most Fresno, CA residents have annual incomes less than $35k. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.
This home is located at 511 N Yosemite Ave Unit A-F in Fresno, CA and zip code 93728 in the Fresno High-Roeding neighborhood. This 2,630 square foot home, which was built in 1953, sits on a 0.09 acre lot. Features: 4 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since February 12, 2024 and is currently priced at $639,900.
In April 2024, from all listings sold in Fresno, CA there were more than 129 sold above asking price, over 107 sold below and more than 66 were sold right at the asked price. The inventory of homes for sale in Fresno, CA between March 2024 and April 2024 increased by 5.6%. In April 2024, listings were on the market for 29 days. During the same period, the median list price in this real estate market was $384,894.
From Rocket Homes Real Estate and based on county public records data.