1275 N 8th St Fresno, CA 93703
Property details
About 1275 N 8th St
This fully occupied 17-unit apartment complex features (17) 2-bedroom, 1-bath units, each offering 725 sq ft of living space. Current gross monthly rental income is $18,461, approximately 25% below market value, presenting strong upside potential. Recent upgrades include a new roof (Feb 2025), fresh paint, new window ACs, and 9 renovated units. Additionally, onsite laundry adds $2,400 in annual income. With consistent cash flow and significant value-add opportunities, this property is a prime investment for both seasoned and new investors. Please do not walk the grounds or disturb tenants; write offers subject to interior inspection.
Highlights
Summary
- MLS Number: 626976
- MLS Name: Fresno Multiple Listing System
- Office Name: The JKRE Investment Group
- Office Phone: (559) 212-4489
- Office Email: Jeff@JKREgroup.com
- Listing Agent: Jin Kim
Based on information from the Fresno Association of REALTORS® (alternatively, from the Fresno MLS). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be
interested in purchasing.
Copyright 2025 Fresno Association of Realtors. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/15/2025, 10:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$2,799,999
1275 N 8th St
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Price information
Property sales
Date | Event | Price |
---|---|---|
May 02, 2019 | Home Sold | $1,295,000 |
Feb 01, 2019 | Home Sold | $135,000 |
Jan 31, 2003 | Home Sold | $571,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $1,416,269 | $17,870 |
2023 | $1,388,500 | $17,870 |
2022 | $1,361,275 | $17,628 |
2021 | $1,334,584 | $17,148 |
2020 | $1,320,900 | $17,074 |
2019 | $741,343 | $9,315 |
2018 | $726,808 | $9,315 |
2017 | $680,000 | $8,202 |
History based on county public records data.
Nearby schools
4
Hidalgo Elementary School
Public District PK-6
0.5 mi
•3550 E Thomas Ave
4
Mayfair Elementary School
Public District KG-6
0.5 mi
•3305 E Home Ave
6
Leavenworth Elementary School
Public District PK-6
0.8 mi
•4420 E Thomas Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $24,464. Typical income of Fresno, CA residents is less than $<35k annually. Residents typically live in single, with kids family. Typical level of education for residents in this area is high school diploma.
This home is located at 1275 N 8th St in Fresno, CA and zip code 93703 in the Roosevelt neighborhood. This 12,348 square foot home, which was built in 1968, sits on a 0.61 acre lot. Features: 34 bedrooms, 17 bathrooms. It has been listed on Rocket Homes since March 15, 2025 and is currently priced at $2,799,999.
Fresno, CA housing market in February 2025 saw over 64 listings sold above listed price, more than 51 sold at listed price and over 100 sold below. The inventory of homes for sale in Fresno, CA between January and February 2025 increased by 10%. In February 2025 median list price was $397,972 and the average listing age was 50 days.