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Financial
Distress signals
Property profile

284 W Lexington Ave Fresno, CA 93711

FOR SALE
Residential income homes
Property ID
US09-1564449
3,216 SF 0.22 ac lot Built 1981
Last sale Oct 2021 · $725,000
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a 3,216-square-foot triplex built in 1981, situated on a 0.2244-acre lot within the Clovis Unified School District. It contains two two-bedroom, two-bath residences and one three-bedroom, two-bath residence. Each unit includes living and dining areas, a fireplace, walk-in closets, and a kitchen equipped with an electric stove/oven, disposal, microwave hood, pantry space, and cabinetry. Laundry rooms or closets in the units provide hookups for full-size washers and dryers, and…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$9k
Tax billed · 2023
Assessed value · 2024$754k
Assessed land$122k
Assessed improvement$633k
Effective rate1.19%

Value estimate

· Oct 2026
$725k
$653k – $798k
AI approach$725k
CAP approach$650k
Submarket $/SF estimate$579k
NOI build-up
Gross scheduled income$64k
Vacancy & credit loss−$4k
Operating expenses−$18k
NOI · 4.96% cap applied$42k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$128/SF
Submarket average, outlier-cleaned · 624 recorded sales of this use type
Observed band · Q1–Q3$77 – $180

Cap rate analysis

How does the asset earn?
4.96%
$42k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
RM1
JurisdictionFRESNO

Location intelligence

Which uses thrive at this corner?
Best fit: Acupuncture
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Acupuncture8.4
Daycare Center8.4
Laundromat8.2

Location

284 W Lexington Ave Fresno, CA 93711
County assessor Recorded deeds · 14 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

2 recorded sales · 12 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1536 Boston, Fresno, CA 93711-4402 $525,000 Jul 2020 4,614 SF
5723 Valentine, Fresno, CA 93711-1763 $400,000 May 2020 3,508 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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