1334 Wishon Ave Fresno, CA 93728-2316
Property profile & analytics
1334 Wishon Ave Fresno, CA 93728-2316
- Apartment buildings
- 9,520 SF
- 0.62 lot acres
Property ID
US09-2592543
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Apartment buildings
Property Details for 1334 Wishon Ave
- Year built
- 1937
- Construction
- WOOD
- Lot size
- 0.62 lot acres
- Property size
- 9,520 SF
- Zone code
- CMS
- Property type
- Apartment buildings
- APN
- 451-184-16
- APU
- 45118416
Description
This exceptional 14-unit apartment building presents a compelling investment opportunity in Fresno, California. Located at 1334 N. Wishon Avenue, this property boasts a total of 9,520 square feet situated on a 27,000 square foot lot. The property comprises seven identical duplexes, each featuring one bedroom and one bathroom. Approximately half of the units include in-unit washer/dryer hookups. Built in 1937 and never before offered for sale, this property offers a unique chance to acquire a well-maintained asset with significant upside potential. The property is currently fully occupied with long-term tenants, generating a substantial net operating income (NOI) of $108,594, representing a 6.00% cap rate. The asking price is $1,960,000, or $140,000 per unit, and the property features 14 parking spaces. The convenient location offers proximity to Olive Avenue, the Tower District, and major freeways (41, 99, and 180). Zoned CMS, this property presents a rare opportunity for investors seeking a stable, high-yield investment with considerable potential for rent increases. The current rents are significantly below market value, offering substantial room for growth and increased profitability. This is a truly unique opportunity to acquire a fully leased, historically significant property with a proven track record of consistent income. The property's 680 square feet of net rentable space per unit and its strong location make it an attractive investment.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Fresno
- County
- Fresno
- State
- California
- Longitude
- -119.801
- Latitude
- 36.7604
- CBSA code
- 23420
- CBSA name
- FRESNO, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$3,115
$133,610
$87,432
$221,042
-
$0.00
$0.00
$0.00
