3460 N Brawley Ave
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3460 N Brawley Ave
18 Unit Apartment Building $2,520,000 ($140,000/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.
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 | $2,520,000 | Building Class | C |
| Price Per Unit | $140,000 | Lot Size | 1.38 AC |
| Sale Type | Investment | Building Size | 14,994 SF |
| No. Units | 18 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1994 |
| Property Subtype | Apartment | Parking Ratio | 4/1,000 SF |
| Apartment Style | Garden |
| Price | $2,520,000 |
| Price Per Unit | $140,000 |
| Sale Type | Investment |
| No. Units | 18 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 1.38 AC |
| Building Size | 14,994 SF |
| No. Stories | 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 | $960.00 | 960 |
| 3+2 | 7 | $1,399 | 1,176 |
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,601,164 (2023) | |
| Land Assessment | $304,839 (2023) | Total Assessment | $1,906,003 (2023) |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$304,839 (2023)
Improvements Assessment
$1,601,164 (2023)
Total Assessment
$1,906,003 (2023)
zoning
| Zoning Code | R-2 |
| R-2 |
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3460 N Brawley Ave
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