Apartment Building with Two
For Sale
$6,250,000
475 N Manila Avenue, Fresno, CA 93727
Multifamily property with varied unit layouts, private patios, garages, laundry facilities, and RM1 zoning.
Property SizeContact for details
Lot Size1.56 Acres
Days on Market8
Property Features for 475 N Manila Avenue
General Information
Standard status
Active
Net Rentable
33,744 SF
Total Parking Spaces
22
Lot size
1.56 Acres
Property subtype
Multi-Family
Zoning
RM1
Lease Type
Net
Net Operating Income
$404,740
Units
Unit Mix
35 x 2BR/1BA, 1 x 3BR, 1 x studio
Multifamily Units
37
Additional Details
Gross Income
$547,368
Amenities
pool
on-site laundry
private patios
Building Details
Year Built
1975
Listing Agency:
(559) 696-9675
Listed By:
Lonnie Work
(559) 696-9675
Source:
Esquaw.idxbroker
Added: Aug 15
Changed: Aug 16
Last Checked: Aug 21 at 3:53AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lonnie Work
Investment Insights
Based on property information with market context.
Vista Del Loma Apartments comprises 37 units across three Fresno County parcels, with 35 two-bedroom/one-bath apartments, one three-bedroom unit, and one studio. The property contains 33,744 rentable SF on 1.56 acres and includes two swimming pools, 22 garage spaces, on-site laundry, and private patios. RM1 zoning applies to the property.
The community is located at 415, 431, and 475 N Manila Avenue in Fresno, California. The parcels are arranged with 415 and 431 N Manila adjoining, while 475 N Manila lies to the north with two intervening parcels under separate ownership. The property is within the Clovis Unified School District.
Owner-reported 2025 operations indicate a 6.48% return at the current tax assessment and 5.59% after reassessment at the purchase price. Unit renovation work was funded during 2025, and the three parcels may be financed in tranches or divested individually.
The community is located at 415, 431, and 475 N Manila Avenue in Fresno, California. The parcels are arranged with 415 and 431 N Manila adjoining, while 475 N Manila lies to the north with two intervening parcels under separate ownership. The property is within the Clovis Unified School District.
Owner-reported 2025 operations indicate a 6.48% return at the current tax assessment and 5.59% after reassessment at the purchase price. Unit renovation work was funded during 2025, and the three parcels may be financed in tranches or divested individually.
Key Highlights
- 37 units across three Fresno County parcels
- 33,744 rentable SF on 1.56 acres
- Unit mix includes 35 two‑bedroom/one‑bath units, one three‑bedroom, and one studio
Property Analytics
Property Profile
Current Use
Lease Details
37
Residential units
Location Intelligence
Trade Area within ½ mile
131
Businesses Nearby
Explore this area
Business Placement
Demographics for 93727, CA
83,212
Population
25,919
Households
3.2
Avg Household Size
31
Median Age
24%
College-Educated
84%
High-School Grad
22.0 sq mi
ZIP Area
3,782
Density / Sq Mi
$82,247
Median Household Income
$42,002
Median Earnings
$1,277
Median Rent
$370,300
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - Multifamily property with varied unit layouts, private patios, garages, laundry facilities, and RM1 zoning.
Where is this apartment building located?
The property is located at 475 N Manila Avenue Fresno, CA.
What is the asking price?
The asking price for this property is $6,250,000.
What are key features of this property?
This property features: 37 units across three Fresno County parcels; 33,744 rentable SF on 1.56 acres; Unit mix includes 35 two‑bedroom/one‑bath units, one three‑bedroom, and one studio
