
Fresno, California 93703
This Refreshed Value-Add Residence is a Prime Investment Opportunity listed at $288,888—positioned well below the $299,928 Fair Market Value by 3%. This valuation gap offers $11,040 in Instant Equity for buyers. The home holds a Condition Rating of 3, featuring an Owned Solar System, Stone Countertops, and LVP Flooring. Its expansive 6,600 sqft lot offers significant ADU Potential and includes a private Patio. Located near the Tower District within the Fresno Unified district, it is ideal for Buy-and-Hold Investors or first-time buyers seeking efficiency and future appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2053 Mayfair Drive E Subject | $288,888* List Price | 2 | 1 | 925 | $324 | - |
A 2615 N Bond Avenue Sold | $288,000 | 3 | 1 | 1,107 | $260 | 0.4 mi |
B 3617 E Hammond Avenue Sold | $300,000 | 3 | 3 | 1,020 | $294 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Originally built in 1948, this home has been recently refreshed with modern LVP flooring, fresh interior paint, and updated stone countertops in the kitchen. The addition of an owned solar system and stainless steel appliances makes it move-in ready and well-maintained, though the cabinetry and overall layout reflect an older but functional renovation style.
The property features a fully owned solar system, offering immediate energy efficiency and significant long-term savings on utility costs for the homeowner.
The generous 6,600 square foot lot provides ample space for outdoor living, future home expansion, or the potential addition of an Accessory Dwelling Unit (ADU).
Ideally situated near the Tower District and Fresno City College, the home offers high rental appeal and convenient access to local dining, shopping, and major commuter routes.
At just 925 square feet with a 2-bedroom, 1-bathroom configuration, the compact layout may be restrictive for growing families or those needing a home office.
The residence utilizes a two-space carport rather than a fully enclosed garage, which may be a drawback for buyers seeking extra security or covered storage space.
Welcome to 2053 Mayfair Dr E, a thoughtfully refreshed residence offering comfort, versatility, and opportunity in the heart of Fresno, now enhanced with an owned solar system for added efficiency and long-term savings. This 2-bedroom, 1-bath home spans approximately 925 square feet and sits on a generous 6,600 square foot lot, providing both functional living space and room to grow. Originally built in 1948 and previously updated, the home blends classic character with modern touches, creating a warm and inviting atmosphere. The efficient layout maximizes usability, while natural light enhances the overall feel of the interior. A two-space carport adds everyday convenience. The expansive lot offers a range of possibilities, including space for outdoor living, future expansion, or the potential addition of an ADU (buyer to verify with local authorities). Whether you are seeking an investment property, a primary residence, or a flexible living setup, this property presents a variety of options. Conveniently located near local shopping, dining, and commuter routes, and just minutes from destinations such as the Tower District and Fresno City College, the location offers both accessibility and lifestyle appeal. Competitively priced, this property represents a compelling opportunity for buyers looking to secure value with future potential in a central Fresno location.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 33% |
| Baths | 1.0 | 1.5 | 50% |
| Square foot | 925 | 1,094.5 | 17% |
| Lot Size | 6,600 | 7,560 | 33% |
| Price | $288.9K | $291.9K | 50% |
| Price per sq ft | $312 | $266 | 83% |
| Built year | 1948 | 1947 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 37 | 101 | 17% |
Apr 30, 2026
$288,888
Initial Listing
Mar 22, 2022
$280,000
Public Record
Jan 18, 2022
$170,000
Public Record
Jun 6, 2016
$103,500
Public Record
Mar 12, 2002
$66,000
Public Record