3940 E Burns, Fresno, CA 93725
Local realty services provided by:ERA North Orange County Real Estate
3940 E Burns,Fresno, CA 93725
$1,175,000
- 8 Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: gautam atri
Office: universal realty services, inc
MLS#:FR26090586
Source:San Diego MLS via CRMLS
Price summary
- Price:$1,175,000
About this home
Eight Unit Multifamily Investment Opportunity. Stabilized Income. Modern Upgrades. Strong Rental Demand. Brand New Roof. This 8 unit multifamily asset offers a full 2 Bedroom, 1 Bath configuration, a consistently high demand layout in the Fresno rental market. Every residence has received new interior paint within the last year, creating a clean and uniform presentation across the property. The building reflects ongoing ownership care, with a mix of upgraded interiors, modernized kitchens and baths, and strong in place rents. This is a stabilized, income producing asset with clear upside through continued modernization of legacy units. Unit Mix and Interior Condition: Unit 1: $1,050. Fresh interior paint. Unit 2: $1,050. New flooring. Clean interior profile. Unit 3: $1,200. New flooring. Fully remodeled kitchen with granite and new cabinets. New bathroom. Unit 4: $1,175. New bathroom. New flooring. New stove. Unit 5: $1,250. Full renovation completed one year ago. Modern kitchen, bath, flooring, and finishes. Unit 6: $1,541. New windows. New paint. New stove. Second Building (Units 7 and 8): Unit 7: $1,090. Unit 8: $1,025. New bathroom. New kitchen with cabinets, granite, and stove. New flooring and new paint. Financial Summary: Total Monthly Income: $9,381 Total Annual Income: $112,572 Operating Expenses (Annual): Insurance: $4,700 Water and Sewer: $3,000 Trash: $2,800 Electric and Gas (Common): $900 Garden Care: $600 Pest Control: $600 Investment Highlights: All units are 2 bed and 1 bath, the strongest rental configuration in this submarket. Uniform interior paint across...
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Home facts
- Listing ID #:FR26090586
- Added:31 day(s) ago
- Updated:May 29, 2026 at 02:19 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:4
Structure and exterior
- Levels:2 Story
Finances and disclosures
- Price:$1,175,000
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