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2825 E Harvard Fresno, CA 93703
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Key Details
Sold Price $1,060,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 6,602 sqft
Price per Sqft $160
MLS Listing ID 631391
Sold Date 09/11/25
Bedrooms 13
Full Baths 9
HOA Y/N No
Year Built 1953
Lot Size 0.372 Acres
Property Sub-Type Multi Family
Property Description
The Harvard Apartments is a multifamily investment opportunity located at 2 East Harvard Ave in Fresno,California. The property consists of 9 units: four 2-bedroom/1-bath units and five 1-bedroom/1-bath units, totalingapproximately 6,602 square feet. Located in an established, quiet neighborhood across from the VA Community Living Center, with long-termtenants and a clean courtyard setting. 9-unit multifamily property with a mix of 2-bed and 1-bed units, totaling 6,602 sq ft. Current average rent is $1,064 per unit, with market rent potential up to $1,240 per unit. Pro forma net operating income is $111,511, with a cap rate of 9.91% and projected cash-on-cash return up to13.7%.
Location
State CA
County Fresno
Interior
Cooling Central Heat/Cool
Fireplaces Type None
Exterior
Parking Features Covered
Utilities Available Public Utilities
Roof Type Wood,Composition
Building
Lot Description Urban
Foundation Concrete Perimeter
Water Public
Schools
High Schools Fresno Unified
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