Corner Quadruplex with
1504 N San Pablo Avenue 101 Fresno, CA 93728
1504 N San Pablo Avenue 101, Fresno, CA, 93728
$625,000
For Sale
$625,000
Fully occupied corner quadplex with two unit patios and recent exterior improvements including roof and siding.
Property Size3,592 SF
Price / SF$173
Days on Market40
Property Features for 1504 N San Pablo Avenue 101
General Information
- Standard status
- Active
- Size
- 3,592 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1985
Listing Agency
Park Place Real Estate
(559) 666-7969
Listed by
Melanie Jackquelin Oxley · License #DRE #02099728
(559) 666-7969
Source
Exitrealty
Added: Jun 7 Checked: Jul 16 at 7:14 am
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 Park Place Real Estate
Investment Insights
Based on property information with market context.
This fully occupied quadruplex is set on a corner lot and offers four 2-bedroom, 2-bathroom units. The exterior has received major improvements, including a newer roof, newer siding, and updated sprinkler systems. Inside, two of the units have been updated with modern cabinets, countertops, paint, and remodeled bathrooms, while two units include private patios.
The property includes an on-site laundry room, assigned parking for each unit, and three additional open parking spaces. It is located near the Tower District’s restaurants, shopping, entertainment, and major commuter routes, supporting everyday tenant convenience.
For investors and owner-operators, this is a practical income-producing asset with established tenancy and several units benefiting from interior and exterior upgrades. The combination of updated building systems, in-unit improvements in half the units, and private outdoor space in two units is designed to support tenant appeal while reducing near-term exterior maintenance concerns. Please do not disturb tenants.
The property includes an on-site laundry room, assigned parking for each unit, and three additional open parking spaces. It is located near the Tower District’s restaurants, shopping, entertainment, and major commuter routes, supporting everyday tenant convenience.
For investors and owner-operators, this is a practical income-producing asset with established tenancy and several units benefiting from interior and exterior upgrades. The combination of updated building systems, in-unit improvements in half the units, and private outdoor space in two units is designed to support tenant appeal while reducing near-term exterior maintenance concerns. Please do not disturb tenants.
Key Highlights
- Fully occupied 1985‑built quadruplex with four 2‑bed, 2‑bath units on a corner lot
- Recent major exterior improvements include a newer roof and newer siding, plus updated sprinkler systems
- Two units updated with modern cabinets, countertops, paint, and remodeled bathrooms
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 | $71.1k | $19.80 |
| − Vacancy | −$3.9k | −$1.09 |
| EGI | $67.2k | $18.71 |
| − OpEx | −$20.2k | −$5.61 |
| NOI | $47.0k | $13.10 |
3,592 SF · lease $19.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$672.1K
$588.1K – $784.1K
NOI $47,047 @ 7.0% cap · market cap 7.53%
Second Best
Apartment 5plus
$588.8K
$515.2K – $686.9K
NOI $41,215 @ 7.0% cap · market cap 6.59%
Theoretical Best
Office A
$1.06M
$926.2K – $1.23M
NOI $74,096 @ 7.0% cap · market cap 11.86%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Fully occupied corner quadplex with two unit patios and recent exterior improvements including roof and siding.
Where is this quadplex located?
The property is located at 1504 N San Pablo Avenue 101 Fresno, CA.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Fully occupied 1985‑built quadruplex with four 2‑bed, 2‑bath units on a corner lot; Recent major exterior improvements include a newer roof and newer siding, plus updated sprinkler systems; Two units updated with modern cabinets, countertops, paint, and remodeled bathrooms
