6928 E Lane Ave, Fresno, California 93727, Fresno, 93727 - 3 bed, 2 bath
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Fresno, California 93727
This Single Family Residence represents a High-Potential Investment Opportunity, listed at $495,000—positioned well above the $482,866 Fair Market Value by -2%. While the property requires cosmetic updates to improve its Fair Condition Rating, the 0.34-acre lot and 2024 roof provide a solid foundation for value-add projects. Located in the Sanger Unified School District, the home offers significant versatility for those willing to modernize the interior. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a project with long-term growth potential.
Property is moderate renovation needed.
Built in 1980 (44 years old), the property sits in the 'Fair' category due to its age and dated interior. While it boasts a new roof (2024) and dual A/C units, the bathrooms show inconsistent updates—one featuring a newer vanity and subway tile, while another remains very dated with older fixtures and finishes. The exterior siding and unlandscaped backyard further indicate a need for cosmetic and functional modernizing.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 14630, living area = 2000.
The property features a brand-new asphalt roof installed in 2024, providing immediate peace of mind and significant long-term value for the next owner.
The oversized 0.34-acre lot offers rare flexibility for RV parking, gardening, or potential future expansions, catering to buyers seeking outdoor space.
The garage has been converted into a bonus room, which may be a disadvantage for buyers who require secure indoor vehicle storage or a traditional workshop space.
With over 50 days on the market and multiple price reductions, the property may face perception challenges regarding its initial valuation and competitive positioning.
Welcome to this charming single-story home situated on a 0.34 acre lot in a well-established neighborhood. Offering approximately 1,900+ square feet of comfortable living space, this property features a functional floor plan, generous living areas, and abundant natural light throughout. NEW asphalt roof installed in 2024. Converted garage with a bonus room perfect for guests or home office. This property has 2 A/C units. The expansive lot provides endless possibilities, perfect for outdoor entertaining, gardening, RV parking, or potential future additions. Enjoy the convenience of an attached garage, mature landscaping, and a private backyard ready for your personal touch. Located within the Sanger Unified School District, this home is near John S. Wash Elementary School, Washington Academic Middle School, and Sanger West High School. Conveniently positioned near shopping, dining, and commuter routes, this property combines space, flexibility, and opportunity, ready to welcome its next owner.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 46% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,000 | 1,744 | 54% |
| Lot Size | 14,630 | 7,140 | 92% |
| Price | $480.0K | $450.0K | 62% |
| Price per sq ft | $240 | $240 | 50% |
| Built year | 1980 | 1980 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 75 | 136 | 23% |
May 27, 2026
$480,000
$495,000
-3% Price Drop
Initial Listing
May 14, 2026
$495,000
$505,000
-2% Price Drop
Initial Listing
Apr 18, 2026
$505,000
$515,000
-2% Price Drop
Initial Listing
Mar 23, 2026
$515,000
Initial Listing
Mar 8, 2022
$465,000
Public Record
Nov 25, 2020
$350,000
Public Record