422 N Glenn, Fresno, California 93701, Fresno, 93701 - 8 bed, 8 bath
422 N Glenn
Fresno, California 93701
Property Price
SUMMARY
Analysis of 422 N Glenn, Fresno, California 93701 is currently available with a list price of $990,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Fresno Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
The property was built in 1951, making it over 50 years old. While some areas show signs of recent upkeep like fresh paint and updated laminate flooring in bedrooms, the kitchens and bathrooms feature dated styles. Kitchens have older white appliances, basic wood-toned cabinets, and tiled floors. Bathrooms have similar dated tile, vanities, and fixtures. These elements suggest renovations that are likely 15-30 years old, not recent. The property is functional and appears maintained, but requires minor updates to modernize the key areas like kitchens and bathrooms to meet current standards.
PROSSTRENGTHS & OPPORTUNITIES
- High Unit Count & Income Potential
Comprised of eight 1-bedroom, 1-bath units, this multifamily property offers substantial rental income and diversification, making it a robust investment.
- Simplified Management
The uniform unit mix of eight 1-bedroom, 1-bath units allows for streamlined property management and maintenance, reducing operational complexities.
- Strong Investment Profile
The asset is explicitly described as offering 'reliable income and long-term stability' and 'lasting value,' appealing directly to investment objectives.
CONSRISKS & DEFICIENCIES
- Property Age & Potential Capital Expenditures
Built in 1951, the property is likely to have aging infrastructure and systems (e.g., plumbing, electrical, HVAC), potentially requiring significant capital investment for updates and modernization.
- Limited Unit Diversity
An exclusive mix of 1-bedroom units may restrict the potential tenant demographic, potentially limiting rental income growth or increasing vacancy risk compared to properties with varied unit sizes.
- Lack of Mentioned Modern Amenities
The property description does not highlight any modern amenities (e.g., in-unit laundry, updated kitchens/baths, dedicated parking, common areas), which could be a disadvantage in attracting and retaining tenants in a competitive market.
About 422 N Glenn
Rare opportunity to acquire an 8-unit multifamily property comprised of eight 1-bedroom, 1-bath units. The asset offers reliable income and long-term stability, making it a strong addition to any investment portfolio. The uniform unit mix allows for simplified management and predictable performance. Well-suited for both seasoned and emerging investors seeking a durable, income-producing multifamily asset with lasting value.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1951
- Lot Size
- 10,570 Sq. Ft.
Interior
- Total Bedrooms
- 8
- Total Bathrooms
- 8 (8 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 1951 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Pricing History
Listed for Sale
Jan 25, 2026
$990,000
Initial Listing
Sold
Oct 5, 2020
$745,000
Public Record
Sold
Apr 26, 2019
$460,000
Public Record
Sold
Apr 26, 2019
$460,000
Public Record
Sold
May 6, 2011
$91,500
Public Record