435 N Valeria Street, Fresno, CA 93701

Description

Offered to the market for the first time in over two decades, 435 N Valeria Street is a fully-occupied 10-unit apartment community in Fresno's established Jefferson neighborhood. Current ownership has held the property since 2003, giving a new buyer the rare opportunity to acquire a stabilized building that hasn't been actively shopped in 23 years.The asset features an all 2-bedroom unit mix across 8,580 SF of improvements on a 12,500 SF lot, with covered parking in the back. A wrought iron fence along the back alley secures tenant vehicles and trash receptacles. An on-site laundry room is in place but currently inactive; brand new washers and dryers will convey with the sale, allowing the new owner to immediately reactivate the amenity and capture additional ancillary income.SB 721 inspections have been completed with no immediate repairs identified, positioning the asset as truly turnkey with no immediate work required. The inspection report and all due diligence materials are available upon request from the listing agents and qualified buyers.With long-tenured ownership, SB 721 compliance, secured rear access, and clear upside from reactivating laundry income and marking rents to market as units turn, 435 N Valeria is well-suited for a 1031 exchange buyer or any investor seeking dependable Central Valley cash flow.435 N Valeria Street es un complejo de 10 unidades, completamente ocupado, en el consolidado vecindario Jefferson de Fresno, ofrecido al mercado por primera vez en 23 aos desde su compra por los propietarios actuales en 2003.El activo cuenta con unidades exclusivamente de 2 cuartos en 8,580 pies cuadrados de construccin sobre un lote de 12,500 pies cuadrados, con estacionamiento techado en proporcin 1:1. Una reja de hierro forjado en el callejn trasero protege los vehculos y contenedores de basura de inquilinos. La lavandera en sitio est fuera de servicio; lavadoras y secadoras nuevas se incluyen en la venta, permitiendo reactivar la amenidad y generar ingresos adicionales.Las inspecciones SB 721 se completaron sin reparaciones inmediatas identificadas. El informe y materiales de diligencia debida estn disponibles a solicitud para compradores calificados.Con larga trayectoria de propiedad, cumplimiento SB 721, y claro potencial al reactivar la lavandera y ajustar rentas al mercado, 435 N Valeria es ideal para un comprador 1031 o inversionista que busque flujo de efectivo confiable en el Valle Central.

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Directions

Exit WB Highway-180 on Blackstone/Abby (Exit 58). Turn right onto N Blackstone Ave (South), continue and turn left on E Belmont Ave (East). Continue on E Belmont and turn right onto N Veleria St (South). The property will be on your right-hand side.

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