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3940 E Burns Ave
Fresno, CA 93725 Calwa

$1,195,000 USD

Apartments For Sale  •  5,140 SF

Property Details

  • Property Type Apartments
  • Total Building Size 5,140 SF
  • Lot Size 0.29 AC
  • Building Class B
  • Year Built 1963
  • Cap Rate 8.72 %
  • Zoning R2
30 Transit Score
40 Walk Score

Highlights

Brand New Roof
Brand New Outdoor Paint
Multiple upgraded interiors including modern kitchens, granite counters, new cabinets, updated bathrooms, and new flooring.
Clear value add upside through modernization of legacy kitchens and finishes.
Ideal for investors seeking an income producing asset with both immediate cash flow and long-term appreciation potential.

Financial Summary (Actual)

Net Operating Income: $104,172 USD (2025)
Cap Rate: 8.72 %
Total Expenses: $12,600 USD

Amenities

  • Cable Ready
  • Dishwasher
  • Disposal
  • Laundry Facilities
  • Kitchen
  • Oven
  • Range
  • Carpet
  • Grill

Public Transportation

Commuter RailDriveWalkDistance
Fresno (San Joaquins - Amtrak) 7 min - 3.7 mi
AirportDriveWalkDistance
Fresno Yosemite International 12 min - 6.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 6
Type: Covered
Included in Rent: Yes
Gautam Atri 559-917-1113 Universal Realty Services, Inc
Gautam Atri 559-917-1113 Universal Realty Services, Inc