Residential Income
For Sale
Contact for pricing
A-c-1229 N Garden Ave, Fresno, CA 93727
Two-bedroom apartment with one bathroom and on-site washer and dryer facilities.
Property Size2,250 SF
Price / SF$0.62
Days on Market68
Property Features for A-c-1229 N Garden Ave
General Information
Standard status
Active
Size
2,250 SF
Property subtype
Residential Income
Site & Location
Neighborhood
Roosevelt
Units
Unit Mix
1 x 2BR/1BA
Multifamily Units
1
Amenities
washer/dryer facilities
Listing Agency:
Northridge Homes Inc
(559) 214-0150
Listed By:
Abdulaziz M. Al-Zamzami · License #02081078
(559) 259-7625
Source:
Exprealty
Added: Aug 23
Changed: Oct 26
Last Checked: Oct 28 at 10:18AM
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 Northridge Homes Inc
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This residential income property is an apartment with two bedrooms and one bathroom, offering a practical residential layout. The listed property size is 2,250 square feet. Washer and dryer facilities are available on-site for resident use.
The apartment is located at A-c-1229 N Garden Ave in Fresno, California, directly across from an elementary school. The surrounding setting and nearby school provide a clearly identifiable location context for the property.
The apartment is located at A-c-1229 N Garden Ave in Fresno, California, directly across from an elementary school. The surrounding setting and nearby school provide a clearly identifiable location context for the property.
Key Highlights
- Two‑bedroom, one‑bathroom apartment
- Listed property size of 2,250 square feet
- Washer and dryer facilities available on‑site
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,159
Suggested Prices Based on Cap Rates
Cap Rate 5%
$483,180
$483.2K
Cap Rate 7%
$345,129
$345.1K
Cap Rate 9%
$268,433
$268.4K
Market Conditions
NOI Build-Up for 2,250 SF
Gross rent
$45.9K $20.40/SF
− Vacancy
−$2.0K −$0.88/SF
EGI
$43.9K $19.52/SF
− OpEx
−$19.8K −$8.79/SF
NOI
$24.2K $10.74/SF
Area
ZIP 93727
Vacancy
4.30%
Lease Rate
$20.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$483,180
Cap Rate 7%
$345,129
Cap Rate 9%
$268,433
Alternative Uses
Best Use
Apartment 5plus
$345.1K
$302.0K – $402.7K
NOI $24,159 @ 7.0% cap · market cap 1,725.64%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$637.7K
$558.0K – $744.0K
NOI $44,639 @ 7.0% cap · market cap 3,188.50%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
596
Businesses Nearby
Explore this area
Business Placement
Demographics for 93727, CA
83,212
Population
25,919
Households
3.2
Avg Household Size
31
Median Age
24%
College-Educated
84%
High-School Grad
22.0 sq mi
ZIP Area
3,782
Density / Sq Mi
$82,247
Median Household Income
$42,002
Median Earnings
$1,277
Median Rent
$370,300
Median Home Value
Frequently Asked Questions
What type of property is this?
Residential income property - Two-bedroom apartment with one bathroom and on-site washer and dryer facilities.
Where is this residential income property located?
The property is located at A-c-1229 N Garden Ave Fresno, CA.
What are key features of this property?
This property features: Two‑bedroom, one‑bathroom apartment; Listed property size of 2,250 square feet; Washer and dryer facilities available on‑site
