1409 E Cambridge, Fresno, California 93704, Fresno, - bed, bath
ACTIVE$530,000
1409 E Cambridge, Fresno, California 93704
0Bed
0Bath
2,300Sqft
6,750Lot
Year Built
1963
Close
-
List price
$530K
Original List price
$530K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
FR25244743
Home ConditionFair
Features
View-
About this home
Take advantage of this solid 4-plex located in central Fresno, near Fresno City College, shopping, public transportation, and freeway access. This property offers strong income potential and is ideal for investors looking to grow or start their rental portfolio. The property includes three 1-bedroom, 1-bath units and one 2-bedroom, 1-bath unit, providing a mix that appeals to a range of tenants. Convenient central location offers easy access to major routes and amenities, making it an excellent choice for steady rental demand. An affordable multi-unit opportunity in a central location perfect for investors focused on cash flow and long-term returns. Do not disturb tenants.
Price History
Date
Event
Price
10/26/25
Listing
$530,000
Condition Rating
Fair
The property, built in 1963, shows signs of recent cosmetic updates such as fresh paint and updated laminate flooring in the living areas and bedrooms. However, the kitchens feature basic, dated white cabinetry, laminate countertops, and older model appliances (white refrigerator, black coil-top electric stove). Heating and cooling appear to be handled by wall-mounted units, not central HVAC. While functional and move-in ready for tenants, the overall style and major systems are outdated, aligning with a 'Fair' condition requiring minor updates to meet modern standards.
Pros & Cons
Pros
Strong Income Potential: This 4-plex is explicitly marketed as an ideal investment for cash flow and long-term returns, offering strong income potential for investors.
Prime Central Location: Situated in central Fresno, the property benefits from proximity to Fresno City College, shopping, public transportation, and freeway access, ensuring consistent rental demand.
Multi-Unit Diversification: As a quadruplex, it provides diversified income streams across four units, reducing risk compared to single-unit investments.
Versatile Unit Mix: The combination of three 1-bedroom and one 2-bedroom units appeals to a broad range of tenants, enhancing occupancy rates.
Steady Rental Demand: The convenient central location and access to amenities contribute to a high and steady demand for rental units in the area.
Cons
Age of Property: Built in 1963, the property is over 60 years old, which may indicate a need for significant updates to systems (plumbing, electrical, HVAC) and general wear and tear.
Potential for Deferred Maintenance/Capital Expenditure: The description lacks details on recent renovations or unit conditions, suggesting potential for deferred maintenance or required capital investment to modernize units and maximize rental income.
Limited Due Diligence Access: The 'Do not disturb tenants' clause restricts access for thorough inspections and showings, potentially hindering a buyer's ability to fully assess the property's current condition prior to purchase.