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1391 N Palm Ave

Fresno, CA 93728

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$1,300,000

18 bd
  |  
9 ba
  |  
6,528 sq ft
  |  
0.31 acre

1391 N Palm Ave

Fresno, CA 93728

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Listed On: 09/11/2025
Status: Pending (Taking Backup Offers)
Listing Number: 636954 (Fresno MLS)

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Presented By:

London Properties Investment Group
London Properties Investment Group 559.436.4065 Email Agent
Property Description
Palm Floradora Apartment is a well-maintained 9 Unit apartment community built in 1985. Newer Roof with 5 recently turned units. Featuring a desirable 2 bed / 1 bath unit mix and consistent occupancy, the property offers strong in-place income with room for rent growth. Conveniently located near Fresno's Tower District, shopping, major freeways, and public transportation. This asset provides long-term stability and value-add potential in Fresno's growing rental market.
Property Type
Multi Family
Property Subtype 1
5 to 15 Units
Property Subtype 2
16 Units & More
Year Built
1985
Region
Urban
Unique Conditions
1031 Exchange
Stories
Two
Total Units
9
Price Per Square Foot
$199
Price Per Acre
$4,193,548
Days On Market
39
Cumulative Days On Market
39
County
Fresno
Leased Equipment
Washer/Dryer (s)
REO / Bank Owned
No
Cross Street Address
Floradora
Directions
From Shields & Palm. Go South on Palm, West on Floradora. Property is on SW corner.
Heat / Cool
Central Heat/Cool
Roofing
Composition
Foundation
Both
Fireplace
None
Exterior
Wood
Gas & Electric
Public Utilities
Sewer / Water
Public Water, Public Sewer
Garage Spaces
5
Additional Parking
Carport, Uncovered
APN
450 144 02 [PARCEL MAP]
School District
Fresno Unified
School Type 1
High School
School Name 1
Fresno
School Type 2
Junior High School
School Name 2
Fort Miller
School Type 3
Grade School
School Name 3
Muir
Seller Will Consider
Conventional, Cash
Tenant Pays
Electricity, Gas, Cable TV
Income Includes
Unit Rent, Garage Rent, Laundry
Annual Income
145255.00
Annual Expense
51175.00
Expenses Include
Management, Gardener, Maintenance/Repair, Insurance, Water, Sewer, Taxes, Vacancy Factor
Sources of Inc / Exp
Owner, Projected, Property Manager
Net Income
94080.00

Courtesy of John Suzuki, James Hendricks & Associates Inc - suzukiadvisor@gmail.com
Last modified 1 week ago
Fresno MLS last checked for updates 20 minutes 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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