643 E Vassar, Fresno, California 93704, Fresno, 93704 - 2 bed, 1 bath

643 E Vassar, Fresno, California 93704 home-pic-0

643 E Vassar

Fresno, California 93704

ACTIVE
CONDITION: FAIR
2Beds
1Baths
1,972Sq Ft
8,040Lot Size

Property Price

LIST PRICE$415,000
EST. MARKET VALUE
$453,588
8% BelowMARKET VALUE

SUMMARY

Analysis of 643 E Vassar, Fresno, California 93704 reveals a Prime Investment Opportunity with a current list price of $415,000—significantly undercutting the $453,588 Fair Market Value by 8%. This valuation gap indicates a +$38,588 Instant Equity potential for buyers. 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.

Estimated Market Value

$453,588 +$38,588 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Fresno.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
643 E Vassar
Subject
$415,000*
List Price
211,972$230-
A
2134 N Farris
Sold
$367,000211,406$2610.5 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Fair
TeardownExcellent

Property is moderate renovation needed.

Built in 1930, this property is aged and shows signs of deferred maintenance, as noted by the listing's call for 'TLC' and 'elbow grease.' While the home features a spacious layout and original character like hardwood floors, the kitchen and single bathroom are significantly outdated with older cabinetry, tile, and appliances. It remains functional and livable but requires modernization and minor repairs to meet current quality standards.

PROSSTRENGTHS & OPPORTUNITIES

  • High Available Lot Utilization

    The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8040, living area = 1972.

  • Expansive Living Space

    At 1,972 square feet, this 1930s home offers an unexpectedly large floor plan featuring multiple oversized living areas, including a formal living room, family room, and a dedicated game room.

  • Desirable Neighborhood

    Located in the sought-after 93704 zip code of Fresno, the property sits in a well-established area known for its character, charm, and strong community appeal.

CONSRISKS & DEFICIENCIES

  • MLS Listing Discrepancy

    Living area discrepancy between mls listing and other public or private record. mls listing living area = 1972, other record living area = 1687.

  • Limited Bathroom Count

    Despite having nearly 2,000 square feet of living space and three bedrooms, the home only features one bathroom, which may be a significant drawback for modern families.

  • Deferred Maintenance

    The property is noted as needing 'TLC' and 'elbow grease,' indicating that immediate investment in repairs and updates will be necessary to bring the home to its full potential.

About 643 E Vassar

Charming on the outside and surprisingly spacious on the inside! Located at 643 E Vassar Ave in the desirable 93704 area of Fresno, this 1930-built home offers 1,972 square feet of living space on an 8,040 square foot lot. Step inside and prepare to be impressed by the unexpectedly expansive floor plan featuring multiple oversized living areas, including a formal living room, family room, game room, and a cozy dining nook. The layout offers flexibility for entertaining, working from home, or creating the lifestyle space you've been wanting. This 3-bedroom, 1-bath home provides two generously sized bedrooms, while the third makes a perfect office or craft room. The primary bedroom features a nicely sized walk-in closet. A small basement area with an existing built-in bar offers additional potential for storage or creative transformation. The kitchen is functional with room to personalize and make your own. The home does need some TLC, bring your vision and a little elbow grease to unlock its full potential. Outside, enjoy a huge front yard and a manageable backyard. The detached 1-car manual garage includes washer and dryer hookups and offers possibilities. If you're looking for character, space, and opportunity in a well-established neighborhood, this one is worth a look!

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1930
Lot Size
8,040 Sq. Ft.

Interior

Total Bedrooms
2
Total Bathrooms
1 (1 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

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds2.03.0
25%
Baths1.02.0
25%
Square foot1,9721,749.5
58%
Lot Size8,04010,087.5
25%
Price$415.0K$429.5K
42%
Price per sq ft$210$262
8%
Built year19301951
8%
HOA$0$0
50%
Days on market5173
8%

Pricing History

Listed for Sale

Mar 2, 2026

$415,000

Initial Listing

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