Gated Condominium
5055 N Wishon Avenue Fresno, CA 93704
For Sale
$538,000
MULTI_FAMILY - Fresno, CA
Property Size3,300 SF
Lot Size0.08 Acres
Price / SF$163.03
Days on Market8
Property Features for 5055 N Wishon Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
4
Rooms
Bedroom 2, Bathroom 4, Bedroom 1, Bedroom 4, Bathroom 2, Bathroom 3, Bedroom 3, Bathroom 1
Parking features
Carport
Exterior features
Stucco, Brick
Standard status
Active
APN
41751004S
Size
3,300 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
(855) 450-0442
Listed By:
James Liang · License #01400553
(855) 450-0442
Added: Jul 22
Changed: Jul 27
Last Checked: Jul 29 at 2:06AM
MLS# 652622
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.
Located at 5055 N Wishon Avenue in Fresno (93704), this gated condominium community is offered for sale with two units available at a time. Additional units may be available for purchase together, depending on investor scale.
Residences are offered in 2-bedroom/2-bath and 3-bedroom/2-bath layouts, with approximate sizes of 1,650 and 1,872 square feet, respectively. The community features brick-lined courtyards, a gazebo, and a resort-style swimming pool.
The offering includes flexibility through individually titled condos. Estimated rents are presented as $1,750–$2,000 per month for 2-bedroom units and $2,000–$2,200 per month for 3-bedroom units. The remarks also note the potential to pursue lease renewals and targeted value improvements tied to rents.
Residences are offered in 2-bedroom/2-bath and 3-bedroom/2-bath layouts, with approximate sizes of 1,650 and 1,872 square feet, respectively. The community features brick-lined courtyards, a gazebo, and a resort-style swimming pool.
The offering includes flexibility through individually titled condos. Estimated rents are presented as $1,750–$2,000 per month for 2-bedroom units and $2,000–$2,200 per month for 3-bedroom units. The remarks also note the potential to pursue lease renewals and targeted value improvements tied to rents.
Key Highlights
- Gated condo community at 5055 N. Wishon Ave, Fresno, CA 93704 (Old Fig Garden corridor), built in 1966
- Units available as 2BD/2BA at approx. 1,650 SF or 3BD/2BA at approx. 1,872 SF
- Community amenities include a swimming pool, gazebo, and brick‑lined courtyards
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 | $65.3k | $19.80 |
| − Vacancy | −$3.6k | −$1.09 |
| EGI | $61.7k | $18.71 |
| − OpEx | −$18.5k | −$5.61 |
| NOI | $43.2k | $13.10 |
3,300 SF · lease $19.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$617.5K
$540.3K – $720.4K
NOI $43,222 @ 7.0% cap · market cap 8.03%
Second Best
Apartment 5plus
$540.9K
$473.3K – $631.1K
NOI $37,865 @ 7.0% cap · market cap 7.04%
Theoretical Best
Office A
$972.5K
$850.9K – $1.13M
NOI $68,072 @ 7.0% cap · market cap 12.65%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit gated condominium offering with a resort-style swimming pool and gazebo amenities.
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 $538,000.
What are key features of this property?
This property features: Gated condo community at 5055 N. Wishon Ave, Fresno, CA 93704 (Old Fig Garden corridor), built in 1966; Units available as 2BD/2BA at approx. 1,650 SF or 3BD/2BA at approx. 1,872 SF; Community amenities include a swimming pool, gazebo, and brick‑lined courtyards
