Apartment Community with Pool

1905 E Pontiac Way Fresno, CA 93726

Claim this Listing
For Sale
$5,670,000

MULTI_FAMILY - Fresno, CA

Property size:
28,728 SF
Lot size:
1.17 Acres
Price / SF:
$197/SF
Added:
Jun 3, 2026
Days on Market:
37
Last Refresh:
Jul 9 at 11:06 pm

Property Features for 1905 E Pontiac Way

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
44
Bathrooms
42
Rooms
Bathroom 13, Bathroom 26, Bedroom 7, Bedroom 42, Bedroom 18, Bathroom 14, Bathroom 25, Bedroom 20, Bathroom 31, Bathroom 32, Bedroom 26, Bathroom 4, Bedroom 8, Bathroom 17, Bedroom 30, Bedroom 24, Bedroom 40, Bathroom 42, Bedroom 28, Bedroom 5, Bedroom 21, Bedroom 37, Bedroom 1, Bathroom 11, Bathroom 34, Bathroom 29, Bathroom 6, Bathroom 40, Bedroom 15, Bathroom 15, Bedroom 2, Bathroom 8, Bedroom 9, Bedroom 17, Bedroom 32, Bathroom 19, Bathroom 3, Bedroom 3, Bedroom 10, Bathroom 23, Bathroom 1, Bedroom 29, Bathroom 7, Bathroom 5, Bedroom 43, Bathroom 12, Bedroom 22, Bathroom 22, Bathroom 2, Bedroom 33, Bedroom 39, Bathroom 33, Bedroom 12, Bathroom 10, Bedroom 35, Bedroom 11, Bathroom 39, Bedroom 31, Bathroom 30, Bedroom 14, Bathroom 9, Bathroom 20, Bathroom 16, Bedroom 34, Bedroom 36, Bedroom 38, Bedroom 6, Bedroom 41, Bedroom 23, Bedroom 27, Bedroom 19, Bedroom 25, Bathroom 36, Bedroom 13, Bathroom 18, Bathroom 37, Bathroom 41, Bedroom 44, Bathroom 27, Bathroom 28, Bedroom 4, Bathroom 38, Bathroom 24, Bedroom 16, Bathroom 21, Bathroom 35
Parking features
Carport, Covered
Exterior features
Stucco, Wood, Brick
Standard status
Active
APN
436182141
Size
28,728 SF
Lot size
1.17 Acres

Building Details

Year built
1978
Floors in Building
2
Number of units
42
Roof type
Tile

Listing agent Paul Gestic License #01376488

Listing office Fresno Income Properties 7575 N Del Mar Suite #102, Fresno, CA

Listing date Jun 3, 2026

MLS# 649860 Listing URL

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.

Blue Haven Apartments is a 42-unit multifamily community featuring 40 one-bedroom, one-bath units and 2 two-bedroom units. The property sits on 1.17 acres and includes landscaped grounds, a gated pool, and on-site laundry facilities for resident use.

The community is located at 1905 E Pontiac Way in Fresno, CA 93726. The listing describes the site as centrally located and arranged to support a comfortable resident setting.

This property may appeal to buyers looking for a larger-scale apartment portfolio addition. The offering also notes an existing assumable loan in the amount of $2,242,238 at 4.3% interest rate, with maturity listed as 04.01.40. For further due diligence, buyers should contact their agent, and the listing requests that prospective parties do not walk the grounds or disturb tenants.

Key Highlights

  • Blue Haven Apartments: 42‑unit multifamily community in Fresno, CA (40 one‑bedroom/1‑bath, 2 two‑bedroom units).
  • Assumable loan available: $2,242,238 at 4.3% interest, maturing 04.01.40.
  • Resort‑style community amenities include a gated pool and lush landscaping.

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 $586.1k $20.40
− Vacancy −$29.3k −$1.02
EGI $556.7k $19.38
− OpEx −$250.5k −$8.72
NOI $306.2k $10.66
28,728 SF · lease $20.40/SF/yr · vacancy 5.00% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$4.37M
$3.83M – $5.10M (±1% cap)
NOI $306,212 @ 7.0% cap · market cap 5.40%
Second Best
no second resolved use
Theoretical Best
Office A
$5.96M
$5.21M – $6.95M (±1% cap)
NOI $416,993 @ 7.0% cap · market cap 7.35%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Blue Haven Apartments Apartment Building

Suggested Use

Real Estate Agency Daycare Center (Bike/Boat/Book/etc) Store Electrical Service (Bike/Boat/Book/etc) Store Acupuncture Butcher Catering Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Forty-two unit apartment community in Fresno with gated pool and on-site laundry facilities.
Where is this apartment building located?
The property is located at 1905 E Pontiac Way Fresno, CA.
What is the asking price?
The asking price for this property is $5,670,000.
What are key features of this property?
This property features: Blue Haven Apartments: 42‑unit multifamily community in Fresno, CA (40 one‑bedroom/1‑bath, 2 two‑bedroom units).; Assumable loan available: $2,242,238 at 4.3% interest, maturing 04.01.40.; Resort‑style community amenities include a gated pool and lush landscaping.
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More about this property
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