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David Burchell

david@burchellhometeam.com +1(559) 234-2579

$1,850,000

Est. payment - /mo

26 Beds

16 Baths

11,040 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Pending

Purchase Type For Sale

Square Footage 11,040 sqft

Price per Sqft $167

MLS Listing ID 646575

Bedrooms 26

Full Baths 16

HOA Y/N No

Year Built 1966

Lot Size 0.367 Acres

Property Sub-Type Multi Family

Property Description

Located just one mile from Fresno State University and Fashion Fair Mall, 1348 E San Bruno Avenue is a 1966-built, two-story garden-style multifamily complex offering a rare value-add opportunity in the heart of the Hoover neighborhood of north Fresno. The property features approximately 11,040 square feet of improvements on a 16,000 square foot lot, with gated access, covered parking, on-site laundry, and strong rental demand driven by nearby employment, retail, and higher education.The community is currently configured as 15 units, historically reported as a mix of 1-bedroom/1-bath, 2-bedroom/1-bath, and 4-bedroom/2-bath floor plans, providing a flexible unit mix that appeals to students, small families, and workforce tenants alike. Several units in the complex and surrounding buildings have been refurbished with updated flooring, paint, cabinets, counters, fixtures, and modern heating and cooling, showcasing the upside potential for an investor to continue repositioning the asset and push rents to market.Situated in the Fresno Unified School District and surrounded by major arterials, shopping, dining, and public transit, the property benefits from high occupancy in the submarket and a deep tenant pool seeking well-located housing close to campus and amenities. With demonstrated historical sale activity and strong fundamentals for small and mid-sized multifamily in this corridor, 1348 E San Bruno Avenue offers an investor the opportunity to acquire a well-located asset with significant room for rent growth through renovation, improved management, and strategic repositioning.

Location

State CA

County Fresno

Interior

Heating Central

Cooling Wall/Window Unit(s)

Fireplaces Type None

Appliance Refrigerator: All Units, Stove: All units

Exterior

Parking Features Carport, Covered

Fence Fenced

Utilities Available Public Utilities

Roof Type Rolled/Hot Mop

Building

Lot Description Urban, Mature Landcsape

Story 2

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Schools

High Schools Fresno Unified

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Listed by CenCal Realty

NEARBY SCHOOL & BUSINESS

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David Burchell

+1(559) 234-2579

Team Leader & Realtor License ID: #02033130

1348 E San Bruno AVE Fresno, CA 93710

David Burchell

Key Details

Location

Interior

Exterior

Building

Schools

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION