4497 N Chestnut Avenue, Fresno, California 93726, Fresno, 93726 - 3 bed, 2 bath
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Fresno, California 93726
This Mid-Century Value-Add Asset is listed at $323,070, presenting a targeted acquisition for buyers seeking a high-potential project in an established neighborhood. While the $213,530 Fair Market Value reflects the current Condition Rating of 5, the property’s 3-bedroom, 2-bathroom layout and 6,500 sqft lot offer substantial upside through modernization and forced appreciation. A significant financial advantage includes the seller settling all outstanding taxes and municipal liens, ensuring a streamlined closing process. Located in the Fresno Unified district, this cash-only transaction is ideally suited for Fix-and-Flip Investors or Contractors.
Property is extensive renovation needed.
Built in 1966 and restricted to cash-only transactions, this property likely has significant deferred maintenance or system issues that prevent it from meeting traditional financing standards. Exterior images show neglected landscaping and an aged roof, suggesting the home requires substantial rehabilitation and modernization.
With 3 bedrooms, 2 bathrooms, and over 1,500 square feet of living area, the property offers a well-proportioned layout that is highly desirable for families and long-term tenants.
The seller's commitment to settling all outstanding taxes, HOA fees, and municipal liens simplifies the closing process and provides significant upfront cost savings for the buyer.
Located in an established Fresno neighborhood, this mid-century home serves as an excellent candidate for a value-add renovation project or a high-yield addition to a rental portfolio.
The requirement for a cash-only transaction eliminates buyers who need traditional mortgage financing, significantly limiting the pool of potential purchasers to liquid investors.
The combination of the property's 1966 construction and the cash-only mandate suggests the home may require substantial capital improvements or structural repairs to meet modern standards.
Great Opportunity to own this single-family home built in 1966 featuring 3 bedrooms and 2 bathrooms. ***SPECIAL NOTES: (1) This is a CASH ONLY transaction. (2) Seller to pay Taxes, HOA, and Municipal/Utility Liens.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.5 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,514 | 1,368.5 | 50% |
| Lot Size | 6,500 | 6,544 | 50% |
| Price | $323.1K | $329.0K | 50% |
| Price per sq ft | $213 | $222 | 25% |
| Built year | 1966 | 1958 | 75% |
| HOA | $0 | $0 | 50% |
| Days on market | 272 | 212 | 0% |
Jul 24, 2025
$323,070
Initial Listing