2901 E Olive Avenue, Fresno, CA 93701
MULTI_FAMILY - Fresno, CA
- Added:
- May 1, 2026
- Days on Market:
- 63
- Last Refresh:
- Jul 2 at 6:06 pm
Property Features for 2901 E Olive Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- CG
- Parking features
- Garage
- Standard status
- Active
- APN
- 45132319
- Size
- 1,480 SF
- Lot size
- 0.16 Acres
Utilities
- Heating system
- Wall Furnace
Building Details
- Floors in Building
- 1
Listing agent Marie Meza License #01772801 (559) 246-4905
Listing office eXp Realty of Greater Los Angeles, Inc. 303 N Glenoaks Blvd., Ste. 200, Burbank, CA (888) 652-1314
Listing date May 1, 2026
Copyright © 2026 Kings County Board 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.
HighLights
- Two‑unit duplex in Fresno with approximately 1,480 sq ft combined living space
- Built in 1928, featuring Unit A (2BD/1BA) and Unit B (1BD/1BA)
- Updated kitchens in both units with granite counters
- LVP flooring in Unit A and LVP plus tile floors in Unit B
- Garage parking on site
Overview
The property is located in Fresno, CA 93701, and is described as conveniently positioned near major roads, shopping, and local amenities. The listing also notes zoning of CG, which may be relevant for certain owner-occupants and operators evaluating permitted options under local rules.
For buyers seeking a residential income setup or an owner-occupied arrangement, this two-unit configuration offers straightforward separation between Unit A and Unit B while maintaining shared property ownership. The presence of updated kitchen finishes and consistent LVP flooring in both units can simplify leasing readiness and day-to-day maintenance planning. With two distinct floorplans—2 bed/1 bath and 1 bed/1 bath—the property can also support tenant mix based on household needs.
Local Financial Insights For Multifamily LT 5
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 | $29.3k | $19.80 |
| − Vacancy | −$1.6k | −$1.09 |
| EGI | $27.7k | $18.71 |
| − OpEx | −$8.3k | −$5.61 |
| NOI | $19.4k | $13.10 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Fresno
- County
- Fresno
- State
- California
- Longitude
- -119.776824
- Latitude
- 36.757987