382 N Glenn Avenue, Fresno, CA 93701
MULTI_FAMILY - Fresno, CA
- Added:
- Jul 6, 2026
- Days on Market:
- 4
- Last Refresh:
- Jul 8 at 11:06 pm
Property Features for 382 N Glenn Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 10
- Bathrooms
- 5
- Rooms
- Bathroom 3, Bathroom 4, Bedroom 7, Bedroom 9, Bathroom 5, Bedroom 10, Bedroom 5, Bedroom 6, Bedroom 8, Bedroom 1, Bedroom 3, Bathroom 1, Bedroom 4, Bedroom 2, Bathroom 2
- Parking features
- Carport
- Exterior features
- Stucco, Brick
- Standard status
- Active
- APN
- 45915222
- Size
- 4,260 SF
- Lot size
- 0.17 Acres
Building Details
- Year built
- 1966
- Floors in Building
- 2
- Number of units
- 5
Listing agent Puneet Bhargava (209) 602-6147
Listing office HomeSmart PV and Associates 802 W PINEDALE AVE STE 101, Modesto, CA (559) 473-2555
Listing date Jul 6, 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
- Five‑unit apartment building with five 2‑bedroom, 1‑bath units
- All units currently occupied with annual leases in place (about 11 months remaining on each lease)
- Total monthly rent $6,932; estimated 9.2% cap rate at the $700,000 asking price
- Well‑maintained with nicely updated interiors throughout all units
- Average monthly utility expenses of about $190 for water and $195 for trash
- Stucco and brick exterior with carport parking; built in 1966
Overview
The property is located at 382 N Glenn Avenue in Fresno, CA 93701, on a 0.1745-acre lot. Access is noted as convenient, with the site located less than one mile from Highway 180, supporting nearby access to shopping, restaurants, schools, and other amenities.
For investors or owner-operators looking for an income-producing residential asset, this property is structured as a fully occupied, multi-unit rental with a defined lease status across all five apartments. It presents a straightforward management profile given the consistent 2-bedroom, 1-bath unit mix and the stated in-place annual leases. The listing also cites an estimated 9.2% cap rate based on current income and operating expenses, using the figures provided in the remarks.
Local 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 | $93.5k | $21.96 |
| − Vacancy | −$4.7k | −$1.10 |
| EGI | $88.9k | $20.86 |
| − OpEx | −$40.0k | −$9.39 |
| NOI | $48.9k | $11.47 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Fresno
- County
- Fresno
- State
- California
- Longitude
- -119.792901
- Latitude
- 36.748228
