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1223 N Sylmar

Fresno, CA 93727

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$2,850,000

26 bd
  |  
13 ba
  |  
12,220 sq ft
  |  
0.45 acre

1223 N Sylmar

Fresno, CA 93727

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Listed On: 02/05/2026
Status: Active
Listing Number: 643411 (Fresno MLS)

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Presented By:

London Properties, Ltd.
London Properties, Ltd. 559.436.4071 Email Agent
Property Description
Value-Add Opportunity
With the in-fill location, 1223 Sylmar is perfectly positioned to be
upgraded which would result in substantially higher 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 to the nation's leading
Market Research firm, Axiometrics.
Units have Been RenovatedLarge 2 Bedroom/1 Bath Units at 940 SQ FT with Patio or Balcony
Property Type
Multi Family
Property Subtype 1
5 to 15 Units
Year Built
1971
Region
Urban
Stories
Two
Total Buildings
3
Total Units
13
Price Per Square Foot
$233
Price Per Acre
$6,333,333
Days On London
0
Cumulative Days On London
0
County
Fresno
REO / Bank Owned
No
Cross Street Address
Peach
Directions
180 East to Peach North on Peach to Olive Olive West to Sylmar
Heat / Cool
Central Heat/Cool
Roofing
Composition
Foundation
Concrete Perimeter
Fireplace
None
Exterior
Stucco
Gas & Electric
Public Utilities
Sewer / Water
Public Water, Public Sewer
Additional Parking
Covered
APN
455 162 18 [PARCEL MAP]
School District
Fresno Unified
School Type 1
High School
School Name 1
McLane
School Type 2
Junior High School
School Name 2
Scandinavian
School Type 3
Grade School
School Name 3
Turner
Tenant Pays
All Utilities
Income Includes
Unit Rent
Annual Income
249778.00
Annual Expense
62420.00
Expenses Include
Management, Gardener, Maintenance/Repair, Insurance, Taxes
Sources of Inc / Exp
Owner
Net Income
187358.00

Courtesy of Brendan Kane, Brendan Kane Real Estate - [email protected]
Last modified 2 weeks ago
Fresno MLS last checked for updates 2 minutes ago

The data relating to real estate for sale on this web site comes in part from the Internet Data eXchange (IDX) of the Multiple Listing Service. Real estate listings are marked with the IDX logo and detailed information about them includes the name of the listing broker and the name of the listing agent. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Information herein deemed reliable but not guaranteed, representations are approximate, individual verification recommended.

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