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3940 E Burns Ave

Fresno, CA 93725

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$1,175,000

16 bd
  |  
8 ba
  |  
5,400 sq ft
  |  
0.29 acre

3940 E Burns Ave

Fresno, CA 93725

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Listed On: 04/12/2026
Status: Active
Listing Number: 647009 (Fresno MLS)

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Presented By:

London Properties, Ltd.
London Properties, Ltd. 559.436.4071 Email Agent
Property Description
Eight‑Unit Multifamily Investment Opportunity
Stabilized Income. Modern Upgrades. Strong Rental Demand. Brand New Roof.
This eight‑unit multifamily asset offers a fully 2 Bedroom, 1 Bath, a consistently high‑demand configuration in the Fresno rental market. Every residence has received new interior paint within the last year, creating a clean, 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 & 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
No interior upgrades,
New windows,
New paint,
New stove.

Second Building (Units 7 & 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/Sewer: $3,000
Trash: $2,800
Electric & Gas (Common): $900
Garden Care: $600
Pest Control: $600
Investment Highlights:
All units are 2 bed / 1 bath, the strongest rental configuration in this submarket.

Uniform interior paint across all eight units within the last year.

Multiple upgraded interiors with new kitchens, granite counters, cabinets, flooring, and bathrooms.

Stabilized rent roll with strong in‑place income at $9,190/month.

Clear value‑add runway through modernization of legacy units.

Attractive pairing opportunity with the adjacent 6‑unit property, enabling a 14‑unit portfolio on one block.

This eight‑unit asset is ideal for investors seeking a stabilized, income‑producing property with a balanced mix of renovated units and value‑add potential. With strong rents, clean interiors, and a proven upgrade path, the next owner steps into a property with both immediate cash flow and long‑term upside.
2452 S 9th St. Fresno CA 93725 - 6 Units, also for Sale Next Door $825,000.00
Property Type
Multi Family
Property Subtype 1
5 to 15 Units
Year Built
1963
Region
Urban
Stories
Two
Total Buildings
2
Total Units
8
Price Per Square Foot
$218
Price Per Acre
$4,011,608
Days On London
0
Cumulative Days On London
0
County
Fresno
Facilities
Utility Room
REO / Bank Owned
No
Cross Street Address
E Church
Directions
Head southeast on CA-99 S. Take exit for Jensen Ave. Turn left onto E Jensen Ave. Turn Left onto S Pullman St. Turn right onto S 9th St. Property is on the Right in 0.4 Miles.
Heat / Cool
Window or Wall A/C
Roofing
Composition
Foundation
Concrete Perimeter
Fireplace
None
Exterior
Stucco, Stone
Gas & Electric
Public Utilities
Sewer / Water
Public Water, Public Sewer
Are there garage spaces?
No
Additional Parking
Carport, Covered, Uncovered
APN
480 273 01 [PARCEL MAP]
School District
Fresno Unified
School Type 1
High School
School Name 1
Roosevelt
School Type 2
Junior High School
School Name 2
Sequoia
School Type 3
Grade School
School Name 3
Calwa
Tenant Pays
Electricity
Income Includes
Unit Rent, Laundry
Annual Income
112572.00
Annual Expense
12600.00
Expenses Include
Gardener, Maintenance/Repair, Insurance, Gas, Water, Sewer
Sources of Inc / Exp
Owner
Net Income
99972.00

Courtesy of Gautam Atri, Universal Realty Services, Inc. - [email protected]
Last modified 3 hours ago
Fresno MLS last checked for updates 25 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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