728 N Palm Avenue, Fresno, CA 93728
MULTI_FAMILY - Fresno, CA
- Added:
- May 11, 2026
- Days on Market:
- 53
- Last Refresh:
- Jul 2 at 6:06 pm
Property Features for 728 N Palm Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RS5
- Parking features
- Garage
- Standard status
- Active Under Contract
- APN
- 45218115
- Size
- 1,544 SF
- Lot size
- 0.17 Acres
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Water source
- Public
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 11, 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 homes on one lot, both currently occupied and leased
- Front home: approx. 928 SF, 2 bed/1 bath, updated kitchen cabinetry and granite countertops; includes HVAC
- Rear home: approx. 616 SF, 1 bed/1 bath, granite surfaces, LVP flooring, and evaporative cooling
- Total combined living area approx. 1,544 SF
- Each home has its own private laundry hookups
- Utilities: public water and public sewer
Overview
The property is located at 728 N Palm Avenue in Fresno, California 93728, within zoning RS5. Both homes are currently occupied and leased, and leases and expense documentation are available for review.
For tenants, the layout provides defined living spaces with in-unit laundry hookups and separate home configurations. For buyers, the asset offers a two-unit structure on one lot with distinct systems and interior finishes, including HVAC in the front unit and evaporative cooling in the rear unit. The fact that both homes are leased may be appealing to operators seeking a property with existing tenant occupancy, subject to review of the provided lease and expense materials.
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 | $30.6k | $19.80 |
| − Vacancy | −$1.7k | −$1.09 |
| EGI | $28.9k | $18.71 |
| − OpEx | −$8.7k | −$5.61 |
| NOI | $20.2k | $13.10 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Fresno
- County
- Fresno
- State
- California
- Longitude
- -119.808243
- Latitude
- 36.752686
