
Fresno, California 93702
This property presents a High-Potential Investment Opportunity with a List Price of $269,000—positioned well below the $281,577 Fair Market Value by 4%. This valuation gap offers $12,577 in Instant Equity for buyers. Featuring a Fair Condition Rating, the home includes Central HVAC and a Two-Car Garage, though the interior requires modernization. Located in the Fresno Unified School District, this asset is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a value-add project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3870 E Nevada Avenue Subject | $269,000* List Price | 2 | 1 | 936 | $301 | - |
A 4648 E Iowa Pending | $215,000 List Price | 2 | 1 | 932 | $231 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Originally built in 1929, the property features renovations (oak cabinetry, tiled countertops, and flooring) that appear to be 20-30 years old. While the home is functional and includes central HVAC, the kitchen and bathroom are dated and will require modern updates.
The inclusion of central forced air heating and central air conditioning is a significant asset for the Fresno climate, ensuring year-round comfort for residents.
The property features a two-car garage, providing secure parking and valuable additional storage space that is often lacking in smaller vintage homes.
Priced competitively at $269,000, this home represents an excellent opportunity for first-time buyers or investors looking for an accessible entry point into the market.
With only 936 square feet of living space and a single bathroom, the property may feel restrictive for growing families or those requiring a home office.
Built in 1929, the home's age may necessitate ongoing maintenance or future capital improvements to modernize older systems and finishes.
Perfect for first time buyers or investors! This cute home is located in Fresno and offers 2-bedrooms & 1-bathroom with 936 square feet of living space. The kitchen features tiled countertops, providing a durable and easy-to-clean surface. The dining area is integrated within the living room, creating an open and functional space for meals and gatherings. The bathroom includes a stall shower. Additional amenities include central forced air heating and central air conditioning for year-round comfort. The property also includes a two-car garage. This residence is part of the Fresno Unified elementary school district.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 25% |
| Baths | 1.0 | 2.0 | 25% |
| Square foot | 936 | 1,323.5 | 25% |
| Lot Size | 5,250 | 6,600 | 25% |
| Price | $269.0K | $269.5K | 50% |
| Price per sq ft | $287 | $214 | 75% |
| Built year | 1929 | 1948 | 25% |
| HOA | $0 | $0 | 50% |
| Days on market | 10 | 176 | 25% |
May 27, 2026
$269,000
Initial Listing
Sep 30, 2021
$210,000
Public Record