Single-Family Home with 6.83
1576 N 1St Street Fresno, CA 93703
1576 N 1St Street, Fresno, CA, 93703
$425,000
For Sale
$425,000
SINGLE_FAMILY - Fresno, CA
Property Size2,160 SF
Lot Size6.83 Acres
Price / SF$196.76
Days on Market69
Property Features for 1576 N 1St Street
General Information
- Property type
- Residential
- Property subtype
- Retail
- Parking features
- Covered
- Standard status
- Active
- APN
- 45302014
- Size
- 2,160 SF
- Lot size
- 6.83 Acres
Building Details
- Year built
- 1979
Listing Agency
HomeSmart PV and Associates
(559) 473-2555
802 W PINEDALE AVE STE 101, Modesto, CA
Listed by
Sharan Rakkar · License #01924725
(209) 602-6147
Added: May 11 Checked: Jul 18 at 11:06 am
MLS# 649276
Copyright © 2026 Fresno Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This for-sale single-family home sits on a 6.83-acre lot and offers 2,160 square feet of interior space. The property is also classified as a residential income property, providing flexibility based on buyer plans and requirements.
Located at 1576 N 1st Street in Fresno, CA 93703, the home is positioned within Fresno County. The offering is listed as a private residence, with the available lot size supporting outdoor space within the parcel boundaries.
With a defined land area and established building size, the property can be evaluated for residential use on its current lot configuration, based on buyer requirements and applicable approvals.
Located at 1576 N 1st Street in Fresno, CA 93703, the home is positioned within Fresno County. The offering is listed as a private residence, with the available lot size supporting outdoor space within the parcel boundaries.
With a defined land area and established building size, the property can be evaluated for residential use on its current lot configuration, based on buyer requirements and applicable approvals.
Key Highlights
- Covered parking available
- Built in 1979
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $47.4k | $21.96 |
| − Vacancy | −$2.4k | −$1.10 |
| EGI | $45.1k | $20.86 |
| − OpEx | −$20.3k | −$9.39 |
| NOI | $24.8k | $11.47 |
2,160 SF · lease $21.96/SF/yr · vacancy 5.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$354.1K
$309.8K – $413.1K
NOI $24,784 @ 7.0% cap · market cap 5.83%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$636.5K
$557.0K – $742.6K
NOI $44,556 @ 7.0% cap · market cap 10.48%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Welcome Food and Liquor
(Bike/Boat/Book/etc) Store
LibertyX Bitcoin ATM
Atm
Similar For Sale Nearby
FAQs
What type of property is this?
Single family property - For sale single-family home on a 6.83-acre lot with 2,160 square feet of living space.
Where is this single family property located?
The property is located at 1576 N 1St Street Fresno, CA.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Covered parking available; Built in 1979
