USACAFresno4563-4563 E Sierra Madre Ave
Listing image | Image 1

# 4563-4563 E Sierra Madre Ave, Fresno, CA

House

For Sale

Listed price in listed location currency (USD).
$900,000

000

MLS® 226077889

  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size 2016 sqft
Garage Yes
Taxes 
Days Active 0
Lot Size 0.3444 Acres
Approx. Age 1956
Avg. Price Per Sqft $446
MLS® Number 226077889

Property Address: 4563-4563 E Sierra Madre Ave, Fresno, CA, 93726-1240

Average square foot calculated using Size range provided by listing agent.

Description

Fresno State campus-adjacent investment opportunity with substantial value-add upside. Fully renovated turn-key duplex directly across the street from California State University, Fresno (~25, 000 students), currently producing $56, 160 annual gross rent on a by-the-room student rental model ($780/month per room, 5 of 6 currently leased). The strategic value here is in the entitled redevelopment optionality. Corridor/Center Mixed-Use (CMX) zoning on a 15, 000 SF parcel Fresno removed the dwelling-unit density cap in mixed-use zones in 2022, opening the door to additional multifamily in the rear, ground-floor commercial uses targeting the captive student market, or expanded student housing. The lot is the canvas. Offered with CITY-APPROVED expansion plans (Permit B24-13708) adding 4 bedrooms and 2 bathrooms via garage conversion plus nook additions and a new 540 SF carport. Stabilized proforma: 10 rooms, $93, 600 gross / 5.31% cap on list. Full architectural plans, structural engineering, and energy compliance forms transfer with the property approximately $120K in soft costs already paid by seller, eliminating 6-12 months of entitlement work for the buyer. Built 1956, fully renovated. Automatic security gate, fully fenced. Operating expenses remarkably lean. Cash or DSCR loan preferred. Showings by appointment only with 24-hour notice required (tenant-occupied).
MLS® Number226077889
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1956
Basement
DrivewayAttached, Garage
Garage Spaces
HeatCentral
A/CCentral

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 18, 2026List Date
$900,000List Price
  • Commute

Commute

Starting Address
Destination Address
4563 E Sierra Madre Ave, Fresno, CA

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