Gated Residential Income
For Sale
Contact for pricing
E-5068 N Wishon Ave, Fresno, CA 93728
Updated two-bedroom condo with patio access, assigned covered parking, and shared community amenities.
Property Size1,224 SF
Price / SF$1.45
Days on Market73
Property Features for E-5068 N Wishon Ave
General Information
Standard status
Active
Size
1,224 SF
Total Parking Spaces
1
Property subtype
Residential Income
Site & Location
Neighborhood
Fresno High-Roeding
Additional Details
Multifamily Units
1
Amenities
laundry room
pool
fireplace
ceiling fans
patio
Listing Agency:
Tylar Property Management
Listed By:
Maria Contreras-Wapner · License #01894995
(559) 261-0208
Source:
Exprealty
Added: Aug 18
Changed: Oct 25
Last Checked: Oct 28 at 9:03AM
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 Tylar Property Management
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Investment Insights
Based on property information with market context.
This 1,224-square-foot condo offers a two-bedroom layout with a combined living and formal dining area, fireplace, and courtyard-and-pool views. Recent interior work includes fresh paint, upgraded flooring, and new bedroom carpet. The kitchen includes tile countertops, an electric stove, microwave hood, refrigerator, pantry, and nook with patio access. The primary bedroom also opens to the patio, which includes an enclosed closet with stackable washer/dryer hookups and a separate storage closet.
The gated community provides a laundry room and pool for tenant use. The unit includes one assigned covered parking space and a private entrance. The guest bathroom has a tub, while the primary bathroom features a standing shower. Rental insurance is required.
The gated community provides a laundry room and pool for tenant use. The unit includes one assigned covered parking space and a private entrance. The guest bathroom has a tub, while the primary bathroom features a standing shower. Rental insurance is required.
Key Highlights
- 1,224 SF condo in a gated community
- Fresh paint, upgraded flooring, and new carpet in the bedrooms
- Two‑bedroom layout with fireplace and courtyard‑and‑pool views
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,044
Suggested Prices Based on Cap Rates
Cap Rate 5%
$280,880
$280.9K
Cap Rate 7%
$200,629
$200.6K
Cap Rate 9%
$156,044
$156.0K
Market Conditions
NOI Build-Up for 1,224 SF
Gross rent
$26.9K $21.96/SF
− Vacancy
−$1.3K −$1.10/SF
EGI
$25.5K $20.86/SF
− OpEx
−$11.5K −$9.39/SF
NOI
$14.0K $11.47/SF
Area
Fresno, CA
Vacancy
5.00%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$280,880
Cap Rate 7%
$200,629
Cap Rate 9%
$156,044
Alternative Uses
Best Use
Apartment 5plus
$200.6K
$175.6K – $234.1K
NOI $14,044 @ 7.0% cap · market cap 791.21%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$360.7K
$315.6K – $420.8K
NOI $25,249 @ 7.0% cap · market cap 1,422.48%
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
1,281
Businesses Nearby
Explore this area
Business Placement
Demographics for 93728, CA
16,191
Population
6,878
Households
2.4
Avg Household Size
35
Median Age
18%
College-Educated
77%
High-School Grad
3.0 sq mi
ZIP Area
5,397
Density / Sq Mi
$52,809
Median Household Income
$34,696
Median Earnings
$1,243
Median Rent
$239,700
Median Home Value
Frequently Asked Questions
What type of property is this?
Residential income property - Updated two-bedroom condo with patio access, assigned covered parking, and shared community amenities.
Where is this residential income property located?
The property is located at E-5068 N Wishon Ave Fresno, CA.
What are key features of this property?
This property features: 1,224 SF condo in a gated community; Fresh paint, upgraded flooring, and new carpet in the bedrooms; Two‑bedroom layout with fireplace and courtyard‑and‑pool views
