1348 E San Bruno Ave, Fresno, CA, 93710

USD 2,299,999
For Sale MLS: 646575

Property Details

Bedrooms

26

Bathrooms

16

Property Type

multi family

Description

Multi Family in Fresno, CA - Bedrooms: 26 - Bathrooms: 16 - Area: 11040 sqft - Year Built: 1966 - Lot: 16000 sqft

Listing Agent: Anthony Fraser Brokerage: Anthony Michael Fraser, Broker

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

Address

1348 E San Bruno Ave, Fresno, CA, 93710

City

Fresno

Features and Finishes

Bedrooms: 26, Total Bathrooms: 16, Full Bathrooms: 16, Central Heat,Window or Wall A/C, Stucco, Yard: Fenced,Mature Landcsape, Lot Dimensions Source: SqFt, Lot Size Acres: 0.3673, Lot Size Square Feet: 16000, Parking Features: Carport, Covered, Number of Buildings: 2, Number of Units: 15, Tenant Pays: Electricity, Gas, Cable TV, City Region: Fresno, Source Listing Status: Active, County: Fresno, Cross Street: Barstow Ave/N Sixth St, Source Property Type: Multi Family, Area: 710, Source Neighborhood: 710, Parcel Number: 41816121S, Postal Code Plus 4: 7200, State Region: Urban, Property Subtype: 5 to 15 Units, Total Square Feet Living: 11040, Year Built: 1966, Building Exterior Type: Stucco, Foundation Details: ConcretePerimeter, Property Age: 60, Roof: Rolled Comp, Levels or Stories: Two, Public Utilities

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