Skip To Content

1223 N Sylmar

Fresno, CA 93727
  • $2,850,000
  • STATUS: Active
  • ON SITE: 51 Days
  • ID#: 627656
Price Reduced
$2,850,000
  • 26
    BEDS
  • 0.45
    ACRES
  • 13
    BATHS
  • 0
    1/2 BATHS
  • 12,220
    SQFT
  • $233
    $/SQFT
Neighborhood:
727
Type:
Multi-Family
Built:
1971
County:
Area:
727

School Information

Elementary School:
Middle School:
High School:
School District:

Description

Value-Add Opportunity With the in-fill location, 1223 Sylmar is perfectly positioned to be upgraded which would result in substantiallyhigher 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 tothe nation's leading Market Research firm, Axiometrics. All Units have Been Renovated Large 2 Bedroom/1 Bath Units at 930 SQ FT with Patio or Balcony New fencing and Exterior Paint

Monthly Payment Calculator



© 2025 Fresno Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Data last updated: 2025-05-18T23:46:45.647.
www.yourfresnorealty.com/homes/162007423
Print Image

1223 N Sylmar Fresno, CA 93727

  • Price: $2,850,000
  • Status: Active
  • On Site: 51 Days
  • ID#: 627656
26
Beds
13
Baths
0
½ Baths
0.45
Acres
12,220
SQFT
$233
$/SQFT
1971
Built
Neighborhood:
727
County:
Fresno
Area:
727
Elementary School:
Turner
Middle School:
Scandinavian
High School:
Mclane
School District:
Fresno Unified
Property Description
Value-Add Opportunity With the in-fill location, 1223 Sylmar is perfectly positioned to be upgraded which would result in substantiallyhigher 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 tothe nation's leading Market Research firm, Axiometrics. All Units have Been Renovated Large 2 Bedroom/1 Bath Units at 930 SQ FT with Patio or Balcony New fencing and Exterior Paint
Exterior Features

Exterior StuccoWood Parking Covered Region Suburban Roofing Composition

Interior Features

Fireplace None Floor Concrete Perimeter Heating And Cooling Central Heat/Cool Stories Two

Property Features

Annual Expense 58415.00 Annual Income 249778.00 Cross Street Address Olive Documents Available LeasesProfit & Loss Expenses Include GardenerMaintenance/Repair Gas And Electric Public Utilities Income Includes Unit RentLaundry Lease Type Net Lot Measurement SqFt Lot Size Source (Seller) Net Income 191364.00 Property Subtype1 5 to 15 Units Reo Or Bank Owned No Sewer Water Public WaterPublic Sewer Special Features Private PatiosPrivate Balconies Square Footage Source Seller Tenant Pays ElectricityGasWaterSewer Transaction Type Sale

Listing provided courtesy of Brendan Kane of Brendan Kane Real Estate: 559-892-0036.


© 2025 Fresno Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Data last updated: 2025-05-18T23:46:45.647.
 
https://bt-photos.global.ssl.fastly.net/fresno/orig_boomver_1_627656-2.jpg https://bt-photos.global.ssl.fastly.net/fresno/orig_boomver_1_627656-2.jpg https://bt-photos.global.ssl.fastly.net/fresno/orig_boomver_1_627656-2.jpg
Logo
Your Fresno Realty | London Properties
6442 Maroa Ave
Fresno CA, 93704