1223 N Sylmar, Fresno, CA 93727
1223 N Sylmar, Fresno, CA 93727
1223 N Sylmar, Fresno, CA 93727
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$2,850,000
Est. payment /mo
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26 Beds
13 Baths
12,220 SqFt
Active

1223 N Sylmar Fresno, CA 93727

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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 12,220 sqft

Price per Sqft $233

MLS Listing ID 643411

Bedrooms 26

Full Baths 13

HOA Y/N No

Year Built 1971

Lot Size 0.450 Acres

Property Sub-Type Multi Family

Property Description

Value-Add Opportunity
With the in-fill location, 1223 Sylmar is perfectly positioned to be
upgraded which would result in substantially higher rents.
Multifamily Market Is On A Strong Growth Path
With the improving job market, rent growth has exceeded both
the State and National Average, according to the nation's leading
Market Research firm, Axiometrics.
Units have Been RenovatedLarge 2 Bedroom/1 Bath Units at 940 SQ FT with Patio or Balcony

Location

State CA

County Fresno

Interior

Cooling Central Heat/Cool

Fireplaces Type None

Exterior

Parking Features Covered

Utilities Available Public Utilities

Roof Type Composition

Building

Lot Description Urban

Story 2

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Schools

High Schools Fresno Unified


Fresno MLS
Listed by Brendan Kane Real Estate

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Naglaa Sultan

Naglaa Sultan

Broker

+1(559) 346-8841

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1223 N Sylmar