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5055 N Wishon Avenue, Fresno, CA, 93704
Gated Condo Community Investment

5055 N Wishon Avenue Fresno, CA 93704

For Sale
$598,000

MULTI_FAMILY - Fresno, CA

Property Size3,744 SF
Lot Size0.08 Acres
Price / SF$159.72
Days on Market8

Property Features for 5055 N Wishon Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 6
Bathrooms 4
Rooms Bathroom 4, Bedroom 4, Bedroom 6, Bathroom 3, Bedroom 5, Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 2, Bedroom 3
Parking features Carport
Exterior features Stucco, Brick
Standard status Active
APN 41751005S
Size 3,744 SF
Lot size 0.08 Acres

Building Details

Year built 1966
Floors in Building 2
Number of units 2
Roof type Composition
Listing Agency: Real Brokerage Technologies
Listed By: James Liang · License #01400553
Added: Jul 22 Changed: Jul 27 Last Checked: Jul 29 at 2:06AM
MLS# 652602

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.

Chateau Wishon is a gated condominium community featuring a resort-style swimming pool, a gazebo, and brick-lined courtyards. The for-sale opportunity is being offered as two condominium residences at a time, with the owner open to selling additional units together for larger portfolio scale. Units are available as 2-bedroom/2-bath and 3-bedroom/2-bath floor plans.

The property is located at 5055 N Wishon Avenue in Fresno, CA 93704. It provides walkable access to Fig Garden Village Fresno, described as an approximately 300,000 SF open-air shopping center anchored by Whole Foods Market, Pottery Barn, Williams-Sonoma, lululemon, Anthropologie, and Banana Republic. Highway 41 is noted as minutes away, and Fresno Yosemite International Airport is approximately 7 miles from the community.

Each condominium is described as individually titled, offering flexibility for financing and disposition. The property totals approximately 3,744 square feet on a 0.0826-acre lot, with 2-bedroom/2-bath homes listed at approximately 1,650 SF and 3-bedroom/2-bath homes listed at approximately 1,872 SF.

Key Highlights

  • Gated condominium community with landscaped grounds, resort‑style swimming pool, gazebo, and brick‑lined courtyards
  • Offered as 2 units with the option to purchase additional units; units are available individually or as part of a larger portfolio
  • 2BR/2BA condos at approximately 1,650 SF each; estimated rent $1,750–$2,000/mo

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 $74.1k $19.80
− Vacancy −$4.1k −$1.09
EGI $70.1k $18.71
− OpEx −$21.0k −$5.61
NOI $49.0k $13.10
3,744 SF · lease $19.80/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$700.5K
$613.0K – $817.3K (±1% cap)
NOI $49,038 @ 7.0% cap · market cap 8.20%
Second Best
Apartment 5plus
$613.7K
$537.0K – $716.0K (±1% cap)
NOI $42,959 @ 7.0% cap · market cap 7.18%
Theoretical Best
Office A
$1.10M
$965.4K – $1.29M (±1% cap)
NOI $77,231 @ 7.0% cap · market cap 12.91%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Property Profile Location Intelligence

Current Use

Duplexes

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Plumbing Service Garden Center Carpet & Flooring Store Storage Facility

Zoning and permitted uses should be independently verified with authorities.

Frequently Asked Questions

What type of property is this?
Duplex - Gated community with a resort-style swimming pool and gazebo, offering condominium residences in a Northwest Fresno setting.
Where is this duplex located?
The property is located at 5055 N Wishon Avenue Fresno, CA.
What is the asking price?
The asking price for this property is $598,000.
What are key features of this property?
This property features: Gated condominium community with landscaped grounds, resort‑style swimming pool, gazebo, and brick‑lined courtyards; Offered as 2 units with the option to purchase additional units; units are available individually or as part of a larger portfolio; 2BR/2BA condos at approximately 1,650 SF each; estimated rent $1,750–$2,000/mo
More about this property
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