366 E El Paso Avenue, Fresno, CA 93720
- Added:
- Apr 29, 2026
- Days on Market:
- 51
- Last Refresh:
- Jun 18 at 3:06 am
Property Features for 366 E El Paso Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RM1
- Parking features
- Garage
- Patio and Porch features
- Patio
- Fireplace
- 1
- Standard status
- Pending
- APN
- 30333015
- Size
- 4,032 SF
- Lot size
- 0.23 Acres
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Water source
- Public
Building Details
- Floors in Building
- 2
- Flooring type
- Laminate, Tile
- Roof type
- Composition
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 Apr 29, 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
- 4‑unit multifamily on one lot with two separate structures: detached Unit 101 and Units 102–104 in the second building
- Fully occupied property with immediate rental income
- Several units have updates, including upgraded bathrooms with tile flooring in Unit 101
- Unit 102 features an updated kitchen and updated bathrooms
- Units 103 and 104 have newer kitchen cabinetry with granite countertops and LVP flooring in living areas and bedrooms
- Public utilities: public water and public sewer; central heating; composition roof
Overview
The property is located in Fresno, California and is described as being just minutes from River Park. The listing also notes that the property is currently fully occupied. Zoning is RM1.
For buyers and operators seeking a 4-unit rental with some interior improvements already in place, this configuration offers separate building organization while keeping all units on one lot. With several units updated and the property stated as fully occupied, it may be well suited for those looking for a managed income-producing asset with reduced near-term interior work relative to a less-updated 4-plex.
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 | $70.2k | $17.40 |
| − Vacancy | −$3.6k | −$0.90 |
| EGI | $66.5k | $16.50 |
| − OpEx | −$20.0k | −$4.95 |
| NOI | $46.6k | $11.55 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Fresno
- County
- Fresno
- State
- California
- Longitude
- -119.780121
- Latitude
- 36.848557
