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1391 N Palm Avenue

Fresno, CA 93728
  • $1,300,000
  • STATUS: Closed
  • ON SITE: 329 Days
  • ID#: 636954
Sold - 11/26/2025
$1,300,000
SOLD - 11/26/2025
  • 18
    BEDS
  • 0.31
    ACRES
  • 9
    BATHS
  • 0
    1/2 BATHS
  • 6,528
    SQFT
  • $0
    $/SQFT
Neighborhood:
728
Type:
Multi-Family
Built:
1985
County:
Area:
728

School Information

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

Description

Palm Floradora Apartment is a well-maintained 9 Unit apartment community built in 1985. Newer Roof with 5 recently turned units. Featuring a desirable 2 bed / 1 bath unit mix and consistent occupancy, the property offers strong in-place income with room for rent growth. Conveniently located near Fresno's Tower District, shopping, major freeways, and public transportation. This asset provides long-term stability and value-add potential in Fresno's growing rental market.

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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: 2026-08-07T17:46:41.05.
www.yourfresnorealty.com/homes/167842557
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1391 N Palm Avenue Fresno, CA 93728

  • Price: $1,300,000
  • Status: Closed
  • On Site: 329 Days
  • Updated: 38 min ago
  • ID#: 636954
18
Beds
9
Baths
0
½ Baths
0.31
Acres
6,528
SQFT
$0
$/SQFT
1985
Built
Neighborhood:
728
County:
Fresno
Area:
728
Elementary School:
Muir
Middle School:
Fort Miller
High School:
Fresno
School District:
Fresno Unified
Property Description
Palm Floradora Apartment is a well-maintained 9 Unit apartment community built in 1985. Newer Roof with 5 recently turned units. Featuring a desirable 2 bed / 1 bath unit mix and consistent occupancy, the property offers strong in-place income with room for rent growth. Conveniently located near Fresno's Tower District, shopping, major freeways, and public transportation. This asset provides long-term stability and value-add potential in Fresno's growing rental market.
Exterior Features

Exterior Wood Parking CarportUncovered Region Urban Roofing Composition

Interior Features

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

Property Features

Annual Expense 51175.00 Annual Income 145255.00 Cross Street Address Floradora Expenses Include ManagementGardenerMaintenance/RepairInsuranceWaterSewerTaxesVacancy Factor Financing Conventional Gas And Electric Public Utilities Income Includes Unit RentGarage RentLaundry Lease Type Net Leased Equipment Washer/Dryer (s) Lot Measurement SqFt Lot Size Source (Tax Records) Net Income 94080.00 Property Subtype1 5 to 15 Units Property Subtype2 16 Units & More Reo Or Bank Owned No Sewer Water Public WaterPublic Sewer Square Footage Source Tax Records Tenant Pays ElectricityGasCable TV Terms ConventionalCash Transaction Type Sale Unique Conditions 1031 Exchange

Listing provided courtesy of John Suzuki of James Hendricks & Assoc. Inc: krh570@aol.com;559-243-1000.


© 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: 2026-08-07T17:46:41.05.
 
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