Property details
About 5942 S Cedar Ave
This 11.03-acre property, consisting of two separate parcels, offers a rare combination of immediate rental income and future development potential. Located near the High-Speed Rail construction and development area, this prime investment property could benefit from future expansion and appreciation.Parcel 1: 1.8 Acres1,750 sq. ft. home currently rented for $2,500/monthParcel 2: 9.23 AcresYard leased for $7,000/monthSmall home leased for $1,600/monthTotal Monthly Rental Income: $11,100This is an ideal opportunity for investors looking for a high-income future development property. Easy access to major highways and positioned in a rapidly growing area with potential for High-Speed Rail acquisition, this property is a smart addition to any portfolio.Contact listing agent for more details!
Highlights
Summary
- MLS Number: 626444
- MLS Name: Fresno Multiple Listing System
- Office Name: Rod Aluisi Real Estate
- Office Phone: (559) 227-7000
- Office Email: rod@aluisi.com
- Listing Agent: Hirdey Singh
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: 4/8/2025, 11:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$2,100,000
5942 S Cedar Ave
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Price information
Property sales
Date | Event | Price |
---|---|---|
Apr 26, 2022 | Home Sold | $500,000 |
Jul 16, 2021 | Home Sold | $475,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $520,200 | $5,633 |
2023 | $510,000 | $5,633 |
2022 | $270,000 | $3,026 |
2021 | $75,779 | $860 |
2020 | $75,003 | $12 |
History based on county public records data.
Nearby schools
7
Malaga Elementary School
Public District KG-5
2.4 mi
•3910 S Ward Ave
3
West Fresno Elementary School
Public District KG-5
3.9 mi
•2910 S Ivy Ave
4
Calwa Elementary School
Public District PK-6
4.0 mi
•4303 E Jensen 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 $50,000. The most common annual income of people living in Fresno, CA is between $35k-100k. Typical family type is married, with kids. Most residents in this area have high school diploma education.
Frequently asked questions
About 5942 S Cedar Ave
This home is located at 5942 S Cedar Ave in Fresno, CA and zip code 93725. Features: 0 bathroom. It has been listed on Rocket Homes since March 5, 2025 and is currently priced at $2,100,000.
Over 103 listings were sold over their listed price in March 2025 in Fresno, CA. In the same period over 109 listings were sold below the listed price and 77 listings were sold for the listed price. Between February and March 2025, Fresno, CA real estate market has seen increase in the number of listings by 9.7%. Listings spent 33 days on the market in March 2025, and had a median list price of $399,684 during the same period.