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Fresno Bee People's Choice Award Winner - #1 Best Real Estate Company

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1911 E Saginaw Way

Fresno, CA 93726

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$1,274,000

18 bd
  |  
6 ba
  |  
5,038 sq ft
  |  
0.22 acre

1911 E Saginaw Way

Fresno, CA 93726

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Listed On: 09/02/2024
Status: Active
Listing Number: 617815 (Fresno MLS)

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Presented By:

London Properties Investment Group
London Properties Investment Group 559.436.4065 Email Agent
Property Description
Desirable Investment Opportunity in North Fresno. This 6-unit apartment complex, located in the northern end of Fresno, near HWY 41, presents a prime investment opportunity. Each unit offers a spacious 3-bedroom, 1-bathroom layout with a living room and kitchen combo, complete with centralized HVAC heating and cooling systems. All units are currently rented, with rent rolls near market rates, ensuring positive income from day one. The new roof was upgraded in 2022. The complex also features 10 parking spaces and plenty of on-street parking, which adds convenience for tenants. Additional income streams come from the on-site utility room's leased washer and dryer units. Surrounded by other rental properties and close to a nearby community park, the property is ideally situated for renters. The proximity to shopping centers adds to its appeal, making it a sought-after location. Professionally managed, this complex is well-maintained and ready to continue generating steady returns. Financials: Income and expenses are available upon request.
Property Type
Multi Family
Property Subtype 1
5 to 15 Units
Year Built
1988
Region
Urban
Stories
Two
Total Buildings
1
Total Units
6
Price Per Square Foot
$253
Price Per Acre
$5,830,664
Days On Market
403
Cumulative Days On Market
403
County
Fresno
Documents Available
Cash Flow Analysis
Facilities
Utility Room
Leased Equipment
Washer/Dryer (s)
REO / Bank Owned
No
Cross Street Address
N. Blackstone Avenue
Directions
Google/ Apple Maps
Heat / Cool
Central Heat/Cool
Roofing
Composition
Foundation
Concrete Perimeter
Fireplace
None
Exterior
Stucco, Wood
Yard
Fenced
Refrigerator
All Units
Stove
All units
Dishwasher
None
Disposal
All units
Gas & Electric
Public Utilities, No Gas
Sewer / Water
Public Water, Public Sewer
Garage Spaces
10
Additional Parking
Carport, Covered, Uncovered, One Space per Unit, More than One Space
APN
436 183 13 [PARCEL MAP]
School District
Fresno Unified
School Type 1
High School
School Name 1
Hoover
School Type 2
Junior High School
School Name 2
Tioga
School Type 3
Grade School
School Name 3
Pyle
Sale / Options
Total Parcel Only
Seller Will Consider
Conventional, Cash
Tenant Pays
Electricity
Income Includes
Lease
Annual Income
112704.00
Annual Expense
28080.00
Expenses Include
Management, Insurance, Electric, Water, Taxes
1st Loan Type
Free & Clear
Sources of Inc / Exp
Owner, Property Manager
Net Income
84624.00

Courtesy of Eduardo Guajardo, eXp Realty of California, Inc. - eddiegrealestate@gmail.com
Last modified 2 months ago

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 © 2025  London Properties, Ltd. All rights reserved.

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