4563 E Sierra Madre Avenue, Fresno, CA 93726

Fresno
Local realty services provided by:Better Homes and Gardens Real Estate GoldLeaf
4563 E Sierra Madre Avenue,Fresno, CA 93726
$900,000
  • 6 Beds
  • - Baths
  • 2,016 sq. ft.
  • Multi-family
  • Active
Listed by: christian d. ruiz
Office: the mohan group
MLS#:650694
Source:CA_FMLS

Price summary

  • Price:$900,000
  • Price per sq. ft.:$446.43

About this home

Fresno State campus-adjacent investment opportunity with substantial value-add upside. Fully renovated turn-key duplex directly across the street from California State University, Fresno (~25,000 students), currently producing $56,160 annual gross rent on a by-the-room student rental model ($780/month per room, 5 of 6 currently leased).The strategic value here is in the entitled redevelopment optionality. Corridor/Center Mixed-Use (CMX) zoning on a 15,000 SF parcel Fresno removed the dwelling-unit density cap in mixed-use zones in 2022, opening the door to additional multifamily in the rear, ground-floor commercial uses targeting the captive student market, or expanded student housing. The lot is the canvas.Offered with CITY-APPROVED expansion plans (Permit B24-13708) adding 4 bedrooms and 2 bathrooms via garage conversion plus nook additions and a new 540 SF carport. Stabilized proforma: 10 rooms, $93,600 gross / 5.31% cap on list. Full architectural plans, structural engineering,...

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Home facts

  • Year built:1956
  • Listing ID #:650694
  • Added:10 day(s) ago
  • Updated:June 28, 2026 at 09:57 PM

Rooms and interior

  • Bedrooms:6
  • Kitchen Description:Stove: All units
  • Living area:2,016 sq. ft.

Heating and cooling

  • Cooling:Central Heat/Cool

Structure and exterior

  • Roof:Composition
  • Year built:1956
  • Building area:2,016 sq. ft.
  • Construction Materials:Stucco, Wood Siding
  • Foundation Description:Concrete Perimeter
  • Levels:1 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$900,000
  • Price per sq. ft.:$446.43

Parking

  • Parking description:Open
MLS LogoBased on information from the Fresno Association of REALTORS® (alternatively, from the Fresno MLS)as of (June 28, 2026). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy.Properties may or may not be listed by the office/agent presenting theinformation.

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