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1561 N Van Ness Ave

Fresno, CA 93728

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$2,600,000

8 bd
  |  
16 ba
  |  
11,668 sq ft
  |  
0.14 acre

1561 N Van Ness Ave

Fresno, CA 93728

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Listed On: 06/20/2026
Status: Active
Listing Number: 650776 (Fresno MLS)

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Presented By:

London Properties Investment Group
London Properties Investment Group 559.436.4065 Email Agent
Property Description
Courtesy of Ian Hall, Real Broker - ian.hallrealtor@gmail.com

Excellent investment opportunity in Fresno's Historic District! This well-maintained 16-unit building offers strong cash flow with only one current vacancy. Units are in high demand, and vacancies lease quickly, providing consistent occupancy and income potential.Recent improvements include a new roof, helping reduce future capital expenses and adding value for years to come. The property is ideally located near Fresno City College, Fresno High School, and the vibrant Tower District, offering tenants convenient access to education, dining, shopping, and entertainment. Commuters will appreciate the easy access to Highway 41 and Highway 180, providing connectivity throughout the Fresno metropolitan area.This is a 3 level unit. The first two levels feature 1 bedroom, 1 bath units. The third level features 8 studios.Whether you are looking to expand your portfolio or acquire a turnkey multifamily asset with proven income performance, this property presents a rare opportunity in one of Fresno's most desirable and centrally located neighborhoods.
Property Type
Multi Family
Property Subtype 1
16 Units & More
Year Built
1928
Region
Urban
Stories
Three Or More
Total Units
16
Price Per Square Foot
$223
Price Per Acre
$18,413,598
Days On London
10
Cumulative Days On London
10
County
Fresno
REO / Bank Owned
No
Cross Street Address
McKinley/Van Ness
Directions
McKinley to Van Ness.
Heat / Cool
Floor or Wall Heat, Window or Wall A/C
Roofing
Composition, Tile
Foundation
Both
Fireplace
None
Exterior
Stucco
Gas & Electric
Public Utilities
Sewer / Water
Public Water, Public Sewer
Are there garage spaces?
No
Additional Parking
Garage
APN
451 051 05 [PARCEL MAP]
School District
Fresno Unified
School Type 1
High School
School Name 1
Fresno
School Type 2
Junior High School
School Name 2
Hamilton
School Type 3
Grade School
School Name 3
Heaton
Seller Will Consider
Conventional, Cash
Tenant Pays
Electricity
Income Includes
Month to Month
Annual Income
172903.00
Annual Expense
27288.00
Expenses Include
Management, Gardener, Maintenance/Repair, Insurance, Accounting/Legal, Water, Sewer, Taxes, Vacancy Factor
1st Loan Type
Free & Clear
Sources of Inc / Exp
Owner, Property Manager
Net Income
145614.00


Last modified 1 week ago
Fresno MLS last checked for updates 11 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 © 2026  London Properties, Ltd. All rights reserved.

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