5850 E Ramona Avenue, Fresno, California 93727, Fresno, 93727 - 4 bed, 2 bath
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Fresno, California 93727
This Functional Single-Family Residence is a Strong Value Opportunity, listed at $419,900—positioned below the $426,674 Fair Market Value by 2%. This valuation gap provides $6,774 in Instant Equity for the incoming buyer. The property maintains a Condition Rating of 4, featuring recent laminate flooring and stainless appliances, though the dated kitchen and popcorn ceilings offer clear paths for forced appreciation. Key lifestyle assets include a private swimming pool, solar panels, and a spacious 4-bedroom layout within the Fresno Unified School District. This is an ideal acquisition for Owner-Occupants seeking sweat equity or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5850 E Ramona Avenue Subject | $399,888* List Price | 4 | 2 | 1,573 | $254 | - |
A 3849 N Stanford Pending | $389,000 List Price | 3 | 2 | 1,285 | $303 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1974, this 50-year-old home has received some cosmetic 'lipstick' updates including newer laminate flooring and stainless steel appliances. However, the kitchen cabinets are dated and show significant wear, the bathrooms feature older vanities with basic paint refreshes, and popcorn ceilings are present throughout. While the addition of solar panels and a functional pool are positives, the core interior finishes and cabinetry are well beyond the 20-year mark and need modernization.
The property features a refreshing swimming pool and a spacious backyard, offering a significant lifestyle advantage for the Central Valley's warm climate.
Equipped with solar panels, the home provides long-term value through reduced utility costs and enhanced environmental sustainability.
The 4-bedroom, 2-bathroom configuration in a well-established neighborhood near schools and shopping makes it an ideal choice for growing families.
Built in 1974, the home may require capital improvements or cosmetic updates to meet the expectations of buyers seeking modern finishes.
A recent price reduction from the original list price indicates that the property is still adjusting to find its competitive market value.
NEW PRICE - Your Dream Home Is Now Within Reach.! Welcome to 5850 E Ramona Ave. This beautiful home is located in a well-established Fresno neighborhood! This property features a refreshing swimming pool perfect for warm Central Valley summers and solar panels for energy efficiency. Spacious layout with comfortable living areas and a great backyard for relaxing or entertaining. Home is conveniently located near schools, shopping, and everyday amenities. A great opportunity you dont want to miss!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,573 | 1,622 | 46% |
| Lot Size | 6,300 | 6,720 | 46% |
| Price | $399.9K | $430.0K | 46% |
| Price per sq ft | $254 | $245 | 62% |
| Built year | 1974 | 1977 | 46% |
| HOA | $0 | $0 | 50% |
| Days on market | 91 | 137 | 23% |
May 27, 2026
$399,888
$419,900
-5% Price Drop
Initial Listing
Apr 14, 2026
$419,900
$434,900
-3% Price Drop
Initial Listing
Mar 8, 2026
$434,900
Initial Listing
Sep 7, 2022
$371,500
Public Record
Apr 5, 2002
$104,000
Public Record
Apr 2, 1998
$88,000
Public Record