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    3676 Dakota Ave Fresno, CA 93726

    Sponsored
    For Sale
    $1,950,000

    Prime Assisted Living, 22 Beds, Fully Renovated

    Property size:
    8,680 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    Exceptional opportunity to acquire a fully renovated, Class A assisted living facility in Fresno, CA. This 8,680 square foot building, situated on a 34,440 square foot corner lot, boasts 22 bedrooms and is ideally suited for assisted living, congregate living, or memory care, potentially accommodating up to 40 residents. The property underwent a complete transformation in 2023, including a new roof ($245,758), new acrylic smooth stucco exterior ($167,750), new windows and doors, a fire sprinkler system, a state-of-the-art HVAC and ducting system ($53,000), and updated LED lighting and camera security system ($21,000). A modern commercial kitchen with commercial appliances is included. The expansive lot provides 45 gated parking spaces, enhanced by new landscaping and an adjacent park. The property features a single-story building constructed in 1978 and benefits from a Conditional Use Permit already approved by the City of Fresno. While the current floor plan is conceptual, it provides a solid foundation for future development. This turnkey operation presents a rare opportunity for immediate occupancy and revenue generation. APN: 437-321-26. Asking price: $1,950,000.

    Property Features for 3676 Dakota Ave

    General Information

    Property type
    Retirement homes
    Square Feet
    8,680 SF
    Class
    A

    Building Details

    Year Built/Renovated
    1978/2023
    Buildings
    1
    Stories
    1

    HighLights

    • $1,950,000 asking price for this Class A, 8,680 SF senior living facility.
    • Located on a 34,440 SF corner lot in Fresno, CA (APN 437‑321‑26).
    • Features 22 bedrooms, suitable for assisted living, congregate living, or memory care.
    • Recently renovated (2023) with a new roof, windows, doors, stucco exterior, HVAC, flooring, and paint.
    • Includes a commercial kitchen, 45 parking stalls, gated entry, camera system, and automated lighting.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retirement homes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fresno
    County
    Fresno
    State
    California
    Longitude
    -119.76402250439
    Latitude
    36.786824865007

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    FAQs

    What type of property is this?
    Retirement home - Prime Assisted Living, 22 Beds, Fully Renovated
    Where is this retirement home located?
    The property is located at 3676 Dakota Ave Fresno, CA.
    What is the asking price?
    The asking price for this property is $1,950,000.
    What are key features of this property?
    This property features: $1,950,000 asking price for this Class A, 8,680 SF senior living facility.; Located on a 34,440 SF corner lot in Fresno, CA (APN 437-321-26).; Features 22 bedrooms, suitable for assisted living, congregate living, or memory care.
    (559) 206-0985
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    3676 Dakota Ave Fresno, CA 93726
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    Fresno, CA 93726
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3676 Dakota Ave Fresno, CA 93726
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