3940 E Burns Avenue, Fresno, CA 93725
Local realty services provided by:CENTURY 21 Jordan-Link
3940 E Burns Avenue,Fresno, CA 93725
$1,175,000
- 16 Beds
- - Baths
- 5,400 sq. ft.
- Multi-family
- Active
Listed by: gautam atri
Office: universal realty services, inc.
MLS#:647009
Source:CA_FMLS
Price summary
- Price:$1,175,000
- Price per sq. ft.:$217.59
About this home
Eight Unit Multifamily Investment Opportunity. Stabilized Income. Modern Upgrades. Strong Rental Demand. Brand New Roof.<br><br>This 8 unit multifamily asset offers a full 2 Bedroom, 1 Bath configuration, a consistently high demand layout in the Fresno rental market. Every residence has received new interior paint within the last year, creating a clean and uniform presentation across the property. The building reflects ongoing ownership care, with a mix of upgraded interiors, modernized kitchens and baths, and strong in place rents. This is a stabilized, income producing asset with clear upside through continued modernization of legacy units.<br><br>Unit Mix and Interior Condition:<br><br>Unit 1: $1,050. Fresh interior paint.<br><br>Unit 2: $1,050. New flooring. Clean interior profile.<br><br>Unit 3: $1,200. New flooring. Fully remodeled kitchen with granite and new cabinets. New bathroom.<br><br>Unit 4: $1,175. New bathroom. New flooring. New stove.<br><br>Unit 5: $1,250. Full renovation completed one year ago. Modern kitchen, bath, flooring, and finishes.<br><br>Unit 6: $1,541. New windows. New paint. New stove.<br><br>Second Building (Units 7 and 8):<br><br>Unit 7: $1,090. <br><br>Unit 8: $1,025. New bathroom. New kitchen with cabinets, granite, and stove. New flooring and new paint.<br><br>Financial Summary:<br>Total Monthly Income: $9,381<br>Total Annual Income: $112,572<br><br>Operating Expenses (Annual):<br>Insurance: $4,700<br>Water and Sewer: $3,000<br>Trash: $2,800<br>Electric and Gas (Common): $900<br>Garden Care: $600<br>Pest Control: $600<br><br>Investment Highlights:<br>All units are 2 bed and 1 bath, the strongest rental configuration in this submarket.<br>Uniform interior paint across all eight units within the last year.<br>Multiple upgraded interiors with new kitchens, granite counters, cabinets, flooring, and bathrooms.<br>Stabilized rent roll with strong in place income.<br>Clear value add runway through modernization of legacy units.<br>Attractive pairing opportunity with the adjacent 6 unit property, enabling a 14 unit portfolio on one block. 2452 S 9th St. Fresno CA 93725 for Sale at $825,000. <div>This 8 unit asset is ideal for investors seeking a stabilized, income producing property with a balanced mix of renovated units and value add potential.</div>...
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Home facts
- Year built:1963
- Listing ID #:647009
- Added:1 day(s) ago
- Updated:April 13, 2026 at 10:18 AM
Rooms and interior
- Bedrooms:16
- Living area:5,400 sq. ft.
Heating and cooling
- Cooling:Wall/Window Unit(s)
Structure and exterior
- Roof:Composition
- Year built:1963
- Building area:5,400 sq. ft.
- Lot area:0.29 Acres
- Construction Materials:Stone, Stucco
- Foundation Description:Concrete Perimeter
- Levels:2 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,175,000
- Price per sq. ft.:$217.59
Parking
- Parking description:Carport, Covered, Open
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