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1223 N Sylmar

Fresno, CA 93727
  • $2,850,000
  • STATUS: Active
  • ON SITE: 30 Days
  • ID#: 643411
UPDATED: 59 min ago
$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 OpportunityWith the in-fill location, 1223 Sylmar is perfectly positioned to beupgraded which would result in substantially higher rents.Multifamily Market Is On A Strong Growth PathWith the improving job market, rent growth has exceeded boththe State and National Average, according to the nation's leadingMarket Research firm, Axiometrics.Units have Been RenovatedLarge 2 Bedroom/1 Bath Units at 940 SQ FT with Patio or Balcony

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© 2026 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: 2026-03-08T22:46:30.06.
www.yourfresnorealty.com/homes/172775644
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1223 N Sylmar Fresno, CA 93727

  • Price: $2,850,000
  • Status: Active
  • On Site: 30 Days
  • Updated: 59 min ago
  • ID#: 643411
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 OpportunityWith the in-fill location, 1223 Sylmar is perfectly positioned to beupgraded which would result in substantially higher rents.Multifamily Market Is On A Strong Growth PathWith the improving job market, rent growth has exceeded boththe State and National Average, according to the nation's leadingMarket Research firm, Axiometrics.Units have Been RenovatedLarge 2 Bedroom/1 Bath Units at 940 SQ FT with Patio or Balcony
Exterior Features

Exterior Stucco Parking Covered Region Urban Roofing Composition

Interior Features

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

Property Features

Annual Expense 62420.00 Annual Income 249778.00 Cross Street Address Peach Expenses Include ManagementGardenerMaintenance/RepairInsuranceTaxes Gas And Electric Public Utilities Income Includes Unit Rent Lease Type Net Lot Measurement SqFt Lot Size Source (Seller) Net Income 187358.00 Property Subtype1 5 to 15 Units Reo Or Bank Owned No Sewer Water Public WaterPublic Sewer Square Footage Source Seller Tenant Pays All Utilities Transaction Type Sale

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


© 2026 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: 2026-03-08T22:46:30.06.
 
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