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3460 N Brawley Ave

18 Unit Block of Flats £1,988,280 (£110,460/Unit) Fresno, CA 93722

Executive Summary

TCAC Property: Brawley Apartments are is encumbered by LIHTC covenants. There is the possibility of increasing the number of
residents with Section 8 Housing Authority vouchers which are paying substantially more than the TCAC Rental Rate.
Prime Duplex Investment: Purchase includes 9 duplex units across two properties—3780 W Dakota (2 duplexes) and 3460 N Brawley (7
duplexes)—sold together as a package.
• Low Maintenance: Properties feature durable tile roofs and stucco siding.
• Convenient Laundry Facilities: Each unit is equipped with laundry hookups in private garages, with an additional small laundry building
on-site.
• Diverse Unit Sizes: 11 units are 2 beds/1 bath at 966 sqft, and 7 units are 3 beds/2 baths at 1176 sqft.
• Strong Income Potential: Projected annual gross income of $237,000.
• Expansion Opportunities: On-site 60x70 ponding basin offers potential for additional parking, trash enclosure, or solar installations.

Financial Summary (Pro forma - 2024) Click Here to Access

Annual Annual Per SF
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Pro forma - 2024) Click Here to Access

Gross Rental Income
Annual -
Annual Per SF -
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price £1,988,280
Price Per Unit £110,460
Sale Type Investment
No. Units 18
Property Type Residential
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 1.38 AC
Building Size 14,994 SF
Number of Floors 1
Year Built 1994
Parking Ratio 4/1,000 SF

Unit Amenities

  • Air Conditioning
  • Heating

Site Amenities

  • Playground

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
2+1 11 £757.44 960
3+2 7 £1,103 1,176

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 433-550-17
  • 433-550-18
Land Assessment
£240,006 (2023)
Improvements Assessment
£1,260,628 (2023)
Total Assessment
£1,500,634 (2023)

zoning

Zoning Code R-2
R-2
  • Listing ID: 32999561

  • Date on Market: 29/08/2024

  • Last Updated:

  • Address: 3460 N Brawley Ave, Fresno, CA 93722

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