Two-Story Garden-Style Apartment
For Sale
$1,850,000
1348 E San Bruno Avenue, Fresno, CA 93710
MULTI_FAMILY - Fresno, CA
Property Size11,040 SF
Lot Size0.37 Acres
Price / SF$167.57
Days on Market125
Property Features for 1348 E San Bruno Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
26
Bathrooms
16
Full bathrooms
16
Rooms
Bedroom 8, Bedroom 18, Bedroom 19, Bedroom 6, Bedroom 24, Bathroom 11, Bathroom 13, Bedroom 17, Bedroom 16, Bedroom 3, Bedroom 21, Bedroom 25, Bathroom 1, Bathroom 7, Bathroom 16, Bedroom 15, Bedroom 11, Bathroom 15, Bedroom 4, Bathroom 3, Bathroom 12, Bedroom 7, Bedroom 10, Bedroom 14, Bathroom 14, Bedroom 13, Bathroom 5, Bedroom 9, Bathroom 4, Bedroom 23, Bathroom 8, Bathroom 10, Bathroom 2, Bedroom 20, Bathroom 6, Bathroom 9, Bedroom 1, Bedroom 12, Bedroom 26, Bedroom 2, Bedroom 22, Bedroom 5
Parking features
Covered, Carport
Exterior features
Stucco
High school district
Fresno Unified
Directions
From E Shaw Ave go left onto N Sixth St. Turn left onto E San Bruno Ave. Complex is on the right side of the street.
Subdivision
710
Standard status
Active
APN
41816121S
Size
11,040 SF
Lot size
0.37 Acres
Amenities
gated access
covered parking
on-site laundry
Building Details
Year built
1966
Floors in Building
2
Number of units
15
Listing Agency:
CenCal Realty · Realty World
(559) 324-6546
Listed By:
Anthony Fraser
(559) 324-6546
Added: Apr 3
Changed: Aug 4
Last Checked: Aug 5 at 9:06AM
MLS# 646575
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.
1348 E San Bruno Avenue is a 1966-built, two-story garden-style apartment building featuring approximately 11,040 square feet of improvements on a 16,000 square foot lot. Exterior finishes include stucco, and the property offers gated access, covered parking (carport), and on-site laundry.
The community is configured as 15 units with a historically reported mix of 1-bedroom/1-bath, 2-bedroom/1-bath, and 4-bedroom/2-bath floor plans. Several units have been refurbished with updated flooring, paint, cabinets, counters, fixtures, and modern heating and cooling.
Located in the Hoover neighborhood of north Fresno, the property is about one mile from Fresno State University and Fashion Fair Mall and sits within the Fresno Unified School District. The surrounding area includes major arterials, shopping, dining, and public transit, supporting tenant demand for well-located housing near campus and everyday amenities.
The community is configured as 15 units with a historically reported mix of 1-bedroom/1-bath, 2-bedroom/1-bath, and 4-bedroom/2-bath floor plans. Several units have been refurbished with updated flooring, paint, cabinets, counters, fixtures, and modern heating and cooling.
Located in the Hoover neighborhood of north Fresno, the property is about one mile from Fresno State University and Fashion Fair Mall and sits within the Fresno Unified School District. The surrounding area includes major arterials, shopping, dining, and public transit, supporting tenant demand for well-located housing near campus and everyday amenities.
Key Highlights
- 15‑unit apartment community with 1‑bedroom/1‑bath, 2‑bedroom/1‑bath, and 4‑bedroom/2‑bath floor plans
- About one mile to Fresno State University and Fashion Fair Mall
- Approximately 11,040 SF of improvements on a 16,000 SF lot
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 | $242.4k | $21.96 |
| − Vacancy | −$12.1k | −$1.10 |
| EGI | $230.3k | $20.86 |
| − OpEx | −$103.6k | −$9.39 |
| NOI | $126.7k | $11.47 |
11,040 SF · lease $21.96/SF/yr · vacancy 5.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.81M
$1.58M – $2.11M
NOI $126,674 @ 7.0% cap · market cap 6.85%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.25M
$2.85M – $3.80M
NOI $227,733 @ 7.0% cap · market cap 12.31%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
15
Residential units
Location Intelligence
Trade Area within ½ mile
1,982
Businesses Nearby
Explore this area
Business Placement
Demographics for 93710, CA
30,552
Population
12,581
Households
2.4
Avg Household Size
32
Median Age
30%
College-Educated
89%
High-School Grad
6.2 sq mi
ZIP Area
4,928
Density / Sq Mi
$62,294
Median Household Income
$32,232
Median Earnings
$1,337
Median Rent
$348,600
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - 15-unit apartment building with gated access, covered parking, and on-site laundry.
Where is this apartment building located?
The property is located at 1348 E San Bruno Avenue Fresno, CA.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: 15‑unit apartment community with 1‑bedroom/1‑bath, 2‑bedroom/1‑bath, and 4‑bedroom/2‑bath floor plans; About one mile to Fresno State University and Fashion Fair Mall; Approximately 11,040 SF of improvements on a 16,000 SF lot
