3420 N Van Ness Boulevard, Fresno, CA 93704
MULTI_FAMILY - Fresno, CA
- Added:
- Apr 30, 2026
- Days on Market:
- 48
- Last Refresh:
- Jun 16 at 5:06 pm
Property Features for 3420 N Van Ness Boulevard
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 12
- Bathrooms
- 6
- Rooms
- Bedroom 11, Bathroom 4, Bedroom 9, Bedroom 10, Bedroom 3, Bedroom 7, Bedroom 4, Bedroom 12, Bedroom 8, Bedroom 6, Bedroom 2, Bathroom 3, Bathroom 6, Bedroom 1, Bathroom 1, Bedroom 5, Bathroom 2, Bathroom 5
- Parking features
- Carport
- Exterior features
- Stucco, Wood
- Standard status
- Active
- APN
- 43523314
- Size
- 4,590 SF
- Lot size
- 0.52 Acres
Building Details
- Year built
- 1971
- Floors in Building
- 1
- Number of units
- 4
- Roof type
- Composition
Listing agent Melissa Bowen (209) 602-6147
Listing office HomeSmart PV and Associates 802 W PINEDALE AVE STE 101, Modesto, CA (559) 473-2555
Listing date Apr 30, 2026
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.
HighLights
- Income‑producing 4‑plex with 12 rentable bedrooms total, including 3 bedrooms and 1 bath per unit
- Each unit is identical and 1,148 SF, for a consistent layout across all units
- Recent upgrades: new roof in 2018 and exterior painted within the last several years
- Unit 101 was completely remodeled
- Each unit has its own laundry hookups; tenants pay water/trash
- Rents: $1,500/mo (2 units), $1,400/mo, and $1,341/mo
Overview
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 | $90.9k | $19.80 |
| − Vacancy | −$5.0k | −$1.09 |
| EGI | $85.9k | $18.71 |
| − OpEx | −$25.8k | −$5.61 |
| NOI | $60.1k | $13.10 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Fresno
- County
- Fresno
- State
- California
- Longitude
- -119.803654
- Latitude
- 36.781668
