524 E Fresno St, Avenal, CA, 93204
About This Home
Exceptional 10-Unit Investment Opportunity - First Time on the Market in Years Presenting a rare opportunity to acquire a 10-unit multifamily complex with significant upside potential. Held by long-term ownership and offered for the first time in years, this property is ideal for investors seeking steady occupancy with room to increase cash flow. All 10 units are currently occupied by long-term tenants, reflecting consistent rental history and strong demand in the area. Rents are currently below market value due to long-standing tenancies, offering a clear value-add opportunity for the next owner. All leases are month-to-month, providing flexibility to adjust rents to market rates. Each unit features separate utility meters, minimizing owner expenses and maximizing net operating income. The property is conveniently located within walking distance to the police department and fire department, adding an extra layer of desirability and tenant appeal.
Getting Around
Car-Dependent
Very Limited Transit
BikeableSchools
Construction
Condition
- Year built: 1934
Materials
- Roof: Shingle
- Construction materials: Framed
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family,Apartment
Interior
Appliances
- Appliances included: Gas Water Heater
Interior Area
- Total structure area: 5,862
- Total interior livable area: 5,862 sqft
Property
Details
- Parcel number: 040165013000
- Special condition: Standard
Features
- Levels: One
- Stories: 1
Lot
- Lot size: 0.29 Acres
Parking
- Parking features: Street Parking,Varies by Unit
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Heat Wave
- Drought
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters in Kings County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,741 | $44,892 |
| Home Insurance * | $218 | $2,616 |
| Property Taxes | $462 | $5,544 |
| Electricity | $1,257 | $15,084 |
| Total | $5,678 | $68,136 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-18 | Listed for sale | $739,999 |
| 2026-04-08 | Listing removed | $799,999 |
| 2026-02-24 | Listed for sale | $799,999 |
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