3940 E Burns, Fresno, CA 93725
Local realty services provided by:Better Homes and Gardens Real Estate Oak Valley
3940 E Burns,Fresno, CA 93725
$1,175,000
- - Beds
- - Baths
- 5,400 sq. ft.
- Multi-family
- Active
Listed by: gautam atri
Office: universal realty services, inc559-298-0180
MLS#:FR26090586
Source:CRMLS
Price summary
- Price:$1,175,000
- Price per sq. ft.:$217.59
About this home
Eight Unit Multifamily Investment Opportunity. Stabilized Income. Modern Upgrades. Strong Rental Demand. Brand New Roof.
This 8 unit multifamily asset offers a full 2 Bedroom, 1 Bath configuration, a consistently high demand layout in the Fresno rental market. Every residence has received new interior paint within the last year, creating a clean and uniform presentation across the property. The building reflects ongoing ownership care, with a mix of upgraded interiors, modernized kitchens and baths, and strong in place rents. This is a stabilized, income producing asset with clear upside through continued modernization of legacy units.
Unit Mix and Interior Condition:
Unit 1: $1,050. Fresh interior paint.
Unit 2: $1,050. New flooring. Clean interior profile.
Unit 3: $1,200. New flooring. Fully remodeled kitchen with granite and new cabinets. New bathroom.
Unit 4: $1,175. New bathroom. New flooring. New stove.
Unit 5: $1,250. Full renovation completed one year ago. Modern kitchen, bath, flooring, and finishes.
Unit 6: $1,541. New windows. New paint. New stove.
Second Building (Units 7 and 8):
Unit 7: $1,090.
Unit 8: $1,025. New bathroom. New kitchen with cabinets, granite, and stove. New flooring and new paint.
Financial Summary:
Total Monthly Income: $9,381
Total Annual Income: $112,572
Operating Expenses (Annual):
Insurance: $4,700
Water and Sewer: $3,000
Trash: $2,800
Electric and Gas (Common): $900
Garden Care: $600
Pest Control: $600
Investment Highlights:
All units are 2 bed and 1 bath, the strongest rental configuration in this submarket.
Uniform interior paint across all eight units within the last year.
Multiple upgraded interiors with new kitchens, granite counters, cabinets, flooring, and bathrooms.
Stabilized rent roll with strong in place income.
Clear value add runway through modernization of legacy units.
Attractive pairing opportunity with the adjacent 6 unit property, enabling a 14 unit portfolio on one block. 2452 S 9th St. Fresno CA 93725 for Sale at $825,000.
This 8 unit asset is ideal for investors seeking a stabilized, income producing property with a balanced mix of renovated units and value add potential....
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Home facts
- Year built:1963
- Listing ID #:FR26090586
- Added:30 day(s) ago
- Updated:May 28, 2026 at 10:29 AM
Rooms and interior
- Living area:5,400 sq. ft.
Structure and exterior
- Year built:1963
- Building area:5,400 sq. ft.
- Lot area:0.29 Acres
- Levels:2 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,175,000
- Price per sq. ft.:$217.59
Parking
- Total parking spaces:23
- Parking description:8 Carport Space(s), Assigned
- Carport spaces:8
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