
Fresno, California 93705
This property presents a High-Potential Investment Opportunity with a List Price of $275,000—positioned well above the $210,377 Fair Market Value by -30%. Featuring a Fair Condition Rating (5/10), the home requires a full interior rehab to modernize its 1952 infrastructure. The 8,040 sqft lot provides significant utility for potential ADU expansion or outdoor development. Given the necessary capital improvements, this asset is best suited for Buy-and-Hold Investors or experienced contractors capable of executing a comprehensive value-add renovation strategy.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1028 W Lansing Subject | $275,000* List Price | 3 | 2 | 889 | $237 | - |
A 1138 W Lansing Way Sold | $262,200 | 2 | 1 | 825 | $318 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1952 (74 years old) with no evidence of major renovations. The exterior shows deferred maintenance with a dirt yard and an aging evaporative cooler. The listing's emphasis on 'potential' and 'investors' indicates that the kitchen, bathrooms, and core systems likely require a full rehab to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8040, living area = 889.
The property sits on a substantial 8,040 sqft lot, offering significant outdoor space for gardening, entertaining, or the potential addition of an Accessory Dwelling Unit (ADU).
Priced competitively at $275,000, this home represents an excellent entry-level opportunity for first-time homeowners or investors looking for a high-potential rental property in an established neighborhood.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
With only 889 sqft of living space for a 3-bedroom home, the individual rooms and common areas are likely quite small, which may feel cramped for some buyers.
Built in 1952, the property may require significant updates to its original systems and finishes to meet modern energy efficiency and aesthetic standards.
Welcome to this charming Fresno home offering comfort, functionality, and great curb appeal in an established neighborhood. Featuring a spacious and inviting layout with abundant natural light, this property provides the perfect blend of everyday living and entertaining space. The home offers a well-appointed kitchen, comfortable living areas, and generously sized bedrooms designed for convenience and relaxation. Step outside to enjoy the private backyard with plenty of room for gatherings, gardening, or creating your own outdoor retreat. Conveniently located near shopping, dining, parks, schools, and commuter routes, this home presents an excellent opportunity for both homeowners and investors alike. A wonderful place to call home with endless potential and pride of ownership throughout.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 889 | 1,296.5 | 14% |
| Lot Size | 8,040 | 8,020 | 50% |
| Price | $275.0K | $307.0K | 43% |
| Price per sq ft | $309 | $255 | 79% |
| Built year | 1952 | 1954 | 43% |
| HOA | $0 | $0 | 50% |
| Days on market | 36 | 186 | 14% |
May 8, 2026
$275,000
Initial Listing
Nov 12, 2004
$158,000
Public Record