3284 3284 E Pine Ave, Fresno, California 93703, Fresno, 93703 - 3 bed, 1 bath
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Fresno, California 93703
This Value-Add Residential Asset is a High-Potential Investment Opportunity with a List Price of $249,900—positioned well below the $251,818 Fair Market Value by 1%. This valuation gap offers $1,918 in Instant Equity. Currently holding a Condition Rating of 5, the property requires substantial rehabilitation to address deferred maintenance and outdated systems. Featuring a private swimming pool, covered patio space, and location within the Fresno Unified district, the property provides significant upside for forced appreciation. This REO property is a strategic acquisition for Fix-and-Flip Investors or Contractors.
Property is extensive renovation needed.
Built in 1961, this REO property requires substantial rehabilitation to be move-in ready. The kitchen is highly outdated with aged cabinetry and missing appliances, while the main living areas feature stripped or severely damaged flooring and popcorn ceilings. The single bathroom contains dated fixtures and tiling. Exterior issues include a poorly maintained swimming pool with green water and a patchy lawn. The property shows significant signs of neglect and deferred maintenance typical of a foreclosure.
The property features a private swimming pool and covered yard space, offering excellent potential for outdoor living and entertainment in the Fresno climate.
With a recent price reduction to $249,900 and eligibility for the Freddie Mac First Look Initiative, this REO property presents a strong value proposition for owner-occupants.
The conversion of the garage into a family room with a fireplace increases the functional indoor square footage, providing a cozy secondary gathering area.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1328, other record living area = 1008.
The home features only one bathroom for three bedrooms, which may be inconvenient for larger households and could impact future resale value.
Since the original garage has been converted into living space, the property lacks secure, covered parking and traditional garage storage.
REO. Price reduced. 3284 E Pine Ave, Fresno, CA 93703 is a single-family home built in 1961 offering 3 bedrooms and 1 bathroom with 1,328 sq ft of living space on a 6,050 sq ft lot. The property includes a garage converted to a Family Room with fireplace, swimming pool, front yard, covered yard space, room for garden, and a shed. This property is eligible under the Freddie Mac First Look Initiative through 03/20/2026.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 1.5 | 50% |
| Square foot | 1,328 | 1,217.5 | 50% |
| Lot Size | 6,050 | 7,560 | 33% |
| Price | $249.9K | $297.5K | 17% |
| Price per sq ft | $188 | $238 | 33% |
| Built year | 1961 | 1956 | 83% |
| HOA | $0 | $0 | 50% |
| Days on market | 59 | 134 | 17% |
Apr 8, 2026
$249,900
$279,900
-11% Price Drop
Initial Listing
Feb 22, 2026
$279,900
Initial Listing
Jul 9, 2024
$290,000
Public Record