Fresno, CA 93701,360 N Calaveras Street
Fresno, CA 93701,360 N Calaveras Street
Fresno, CA 93701,360 N Calaveras Street
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Listed by Robert M. Balina • Synergize Realty
$695,000
Est. payment /mo
2,862 SqFt
New

360 N Calaveras Street Fresno, CA 93701

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Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 2,862 sqft

Price per Sqft $242

MLS Listing ID ML82016151

HOA Y/N No

Year Built 1958

Lot Size 7,600 Sqft

Property Sub-Type Other

Source Datashare MLSListings

Property Description

5-Unit Apartment Complex in Fresno's Historic Lowell neighborhood and thriving rental market. This property offers a rare combination of modern upgrades and strong cash flow potential, and close to city amenities. Updated units with laminate wood flooring, new countertops, appliances, and contemporary fixtures. Fresnos rental market is booming, ranking as the 9th most competitive rental market in the nation with a low vacancy rate of just 2.9%, tying for the 6th lowest in the U.S. (Forbes, 2024). Since 2019, fair market rents in Fresno have surged by 50%, with average rents now at $1,285/month and ranging up to $1,907/month depending on unit size and location (Apartments.com). This property is located near the intersection of Highways 99 and 180 near Downtown Fresno. Diverse shopping centers within 1.5 miles, including international grocers and small markets on East Olive Avenue. The Community Regional Medical Center is walking distance. All units are 100% fully occupied with some Section 8 tenants with Fresno County Housing Authority.

Location

State CA

County Fresno

Interior

Heating Wall Furnace

Flooring Laminate, Tile

Fireplace No

Appliance Refrigerator


Bay East AOR and Contra Costa AOR

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agent

Kenneth Er

Agent | License ID: 01942269

+1(510) 828-8572

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360 N Calaveras Street