Condo Units Investment
5055 N Wishon Avenue, Fresno, CA 93704
MULTI_FAMILY - Fresno, CA
Property size:
13,650 SFLot size:
0.33 AcresPrice / SF:
$146/SF- Added:
- Feb 12, 2026
- Days on Market:
- 110
- Last Refresh:
- Jun 2 at 4:06 am
Property Features for 5055 N Wishon Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 18
- Bathrooms
- 16
- Rooms
- Bedroom 12, Bedroom 1, Bedroom 6, Bedroom 4, Bedroom 18, Bedroom 17, Bedroom 2, Bathroom 5, Bathroom 8, Bedroom 16, Bathroom 10, Bedroom 3, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 13, Bedroom 10, Bedroom 11, Bedroom 5, Bedroom 8, Bathroom 11, Bathroom 16, Bedroom 9, Bedroom 13, Bedroom 14, Bathroom 6, Bathroom 15, Bathroom 9, Bedroom 15, Bathroom 1, Bathroom 14, Bathroom 12, Bedroom 7, Bathroom 7
- Parking features
- Covered, Carport
- Exterior features
- Stucco
- Standard status
- Active
- APN
- 41751005S
- Size
- 13,650 SF
- Lot size
- 0.33 Acres
Building Details
- Year built
- 1966
- Floors in Building
- 2
- Number of units
- 8
- Roof type
- Composition
Listing agent James Liang (855) 450-0442
Listing office Real Broker 39899 BALENTINE DR STE 200, San Diego, CA (855) 450-0442
Listing date Feb 12, 2026
MLS# 643766
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.
HighLights
- Rare opportunity to acquire 8 condominium units in Northwest Fresno.
- Located in the desirable Northwest Fresno/Fig Garden area with strong rental demand.
- Unit mix of spacious 2 and 3 bedroom units appealing to long‑term tenants.
- Prime location near Fig Garden Village shopping and dining.
- Gated community with a swimming pool and mature landscaping.
- Easy access to Shaw Avenue, CA‑41, and CA‑99.
Overview
An investment portfolio featuring eight individual condominium units is available within the gated Chateau Wishon community, located in Northwest Fresno. The unit mix includes six 2-bedroom, 2-bath units, each approximately 1,650 square feet, and two 3-bedroom, 2-bath units, each approximately 1,895 square feet. The spacious, well-designed floor plans offer generous living areas. The community features a swimming pool and mature landscaping within an established residential setting. The property is situated minutes from Fig Garden Village, offering convenient access to shopping, dining, boutiques, restaurants, cafes, and Whole Foods Market. Easy access to Shaw Avenue, CA-41, and CA-99 provides efficient connectivity throughout Fresno and the Central Valley. Located in the Northwest Fresno / Fig Garden area, the property benefits from mature trees, strong rental demand, and proximity to retail, healthcare, and employment centers. The total property size is 13,650 square feet on a 0.3306-acre lot. This is an opportunity for a long-term hold or portfolio addition.
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 | $299.8k | $21.96 |
| − Vacancy | −$15.0k | −$1.10 |
| EGI | $284.8k | $20.86 |
| − OpEx | −$128.1k | −$9.39 |
| NOI | $156.6k | $11.47 |
13,650 SF · lease $21.96/SF/yr · vacancy 5.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$2.24M
$1.96M – $2.61M
NOI $156,621 @ 7.0% cap · market cap 7.83%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.02M
$3.52M – $4.69M
NOI $281,572 @ 7.0% cap · market cap 14.08%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Fresno
- County
- Fresno
- State
- California
- Longitude
- -119.80382
- Latitude
- 36.809156
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Eight condo units in Northwest Fresno's Chateau Wishon community.
Where is this apartment building located?
The property is located at 5055 N Wishon Avenue Fresno, CA.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Rare opportunity to acquire 8 condominium units in Northwest Fresno.; Located in the desirable Northwest Fresno/Fig Garden area with strong rental demand.; Unit mix of spacious 2 and 3 bedroom units appealing to long‑term tenants.
