360 N Calaveras Street, Fresno, California 93701

$569,000

Property Type

Commercial Sale

Building Size

2,862 sqft

City

Fresno

Status

Active

100% Fully Occupied 5-Unit Apartment Complex in Fresno's Historic Lowell neighborhood and thriving rental market. This property offers a rare combination of modern upgrades and strong cash flow potential, and close to city amenities. Updated units with laminate wood flooring, new countertops, appliances, and contemporary fixtures. Fresnos rental market is booming, ranking as the 9th most competitive rental market in the nation with a low vacancy rate, tying for the 6th lowest in the U.S. (Forbes, 2024). This property is located near the intersection of Highways 99 and 180 near Downtown Fresno. Diverse shopping centers within 1.5 miles, including international grocers and small markets on East Olive Avenue. The Community Regional Medical Center is walking distance.