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329 N Diana

Fresno, CA 93701

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$498,000

2,076 sq ft
  |  
0.11 acre

329 N Diana

Fresno, CA 93701

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Listed On: 02/19/2026
Status: Active
Listing Number: SR26038048 (CRMLS)

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Contact Info


Advertising Agent:

London Properties Investment Group
London Properties Investment Group 559.436.4065 Email Agent
Property Description
Listing Agent: Kunal Sethi, Sync Brokerage, Inc.
Listing Co-Agent: Bryan Canchola, Sync Brokerage, Inc.

Well-maintained and thoughtfully updated, this triplex at 329 N. Diana Street offers a strong investment opportunity in a central Fresno rental corridor known for consistent tenant demand. Originally built in 1981, the property was remodeled in 2023 with extensive interior improvements that created clean, modern, and durable living spaces designed for long-term performance rather than short-term cosmetic appeal. Each unit features updated finishes including vinyl flooring, updated bathrooms, stainless steel appliances, and open-concept floor plans that provide excellent natural light. In-unit laundry adds everyday convenience for tenants and supports long-term retention. The unit mix is functional and well-suited for workforce housing, making the property especially attractive for both traditional renters and Section 8 housing. The building has been maintained with ownership efficiency in mind, including a newer roof installed in 2025. Most utilities are separately metered, helping streamline management and control operating expenses. The property also offers ample parking in both the front and rear, a valuable amenity in this centrally located neighborhood. Positioned just minutes from Downtown Fresno and near Community Regional Medical Center, the property benefits from proximity to one of the area's largest employment centers, along with access to major transportation routes, public transit, and everyday services. This location supports steady rental demand and long-term occupancy stability. Diana Street presents a solid, income-producing multifamily asset with practical upgrades, strong rental appeal, and a location that continues to attract tenants seeking affordability close to employment hubs. Its condition, layout, and accessibility make it an excellent fit for investors looking for stable cash flow in an established rental market.
Property Sub Type
Triplex
Year Built
1981
Year Built Source
Other
Special Listing Conditions
Standard
Stories Total
2
Levels
Two
Number Of Buildings
1
Number Of Units Total
3
Entry Level
1
Entry Location
Front
Price Per Square Foot
$240
Price Per Unit
$166,000
Days On London
4
Cumulative Days On London
4
County Or Parish
Fresno
New Construction Y/N
No
Property Attached Y/N
Yes
Rent Control Y/N
No
Cooling Y/N
Yes
Heating Y/N
Yes
Directions
North Diana Ave
Heating
Central
Cooling
Central Air
Laundry Y/N
Yes
Laundry Features
Gas Dryer Hookup, Individual Room, Inside, See Remarks, Washer Hookup
Appliances Y/N
Yes
Appliances
Electric Range, Microwave
Flooring
Laminate
Common Walls
1 Common Wall
Fireplace Y/N
No
Fireplace Features
None
Pool Features
None
Pool Private Y/N
No
Spa Y/N
No
Spa Features
None
Average Studio Area Units
Square Feet
Average 1 Bed Area Units
Square Feet
Average 2 Bed Area Units
Square Feet
Average 3 Bed Area Units
Square Feet
Number With Refrigerator
3
Number With Range
3
Number With Dishwasher
3
Number Of Separate Electric Meters
3
Number Of Separate Gas Meters
3
Number Of Separate Water Meters
1
Utilities
Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected
Water Source
Public
Sewer
Public Sewer
Lot Features
0-1 Unit/Acre
Lot Size Area
4875.0000
Lot Size Units
Square Feet
Elevation Units
Feet
View Y/N
No
View
None
Common Interest
Community Apartment
Parcel Number
45916312
Additional Parcels Y/N
No
Community Features
Valley
Senior Community Y/N
No
Tenant Pays
Cable TV, Electricity, Gas
Gross Operating Income
46170.00
Gross Income
48600.00
Gross Multiplier
10.25
Operating Expense
12543.00
Land Lease Y/N
No
Insurance Expense
1765.00
Water Sewer Expense
3400.00
Maintenance Expense
600.00
Gardener Expense
900.00
New Taxes Expense
5478.00
Other Expense
400.00
Gross Scheduled Income
48600.00
Gross Income
48600.00
Total Expenses
12543.00
Net Operating Income
33627.00
Operating Expense
12543.00
Gross Operating Income
46170.00
Gross Income
48600.00
Net Operating Income
33627.00
Vacancy Allowance Rate
5.00
Cap Rate
6.75
Tax Block
3
Tax Lot
16,17

The data relating to real estate for sale on this web site comes in part from the Internet Data eXchange (IDX) of the Multiple Listing Service. Real estate listings are marked with the IDX logo and detailed information about them includes the name of the listing broker and the name of the listing agent. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Information herein deemed reliable but not guaranteed, representations are approximate, individual verification recommended.

Copyright © 2026  London Properties, Ltd. All rights reserved.

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