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
(Pending AcceptBackup)
Summary
- List Price: $2,100,000
- Annual Tax Amount: $5,633
- Tax Year: 2024
- Directions: Corner of Cedar and Lincoln Ave
- Lot Size: 11.03 Acres
- MLS Number: 626444
- MLS Name: Fresno Multiple Listing System
- Office Name: Rod Aluisi Real Estate
- 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: 5/31/2025, 2:20:28 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$2,100,000
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. Residents typically live in married, with kids family. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Hunting
NASCAR
Monster Trucks
Where do the neighbors shop?
Academy Sports & Outdoors
Wal-Mart
Bass Pro Shops
Where do the neighbors go to eat?
Jimmy Johns
Hardee's
Applebees
What do the neighbors drive?
Chevrolet
Ram
GMC
What do the neighbors listen to?
New Country
Classic Country- Country
Frequently asked questions
About 5942 S Cedar Ave
The listing price of 5942 S Cedar Ave property is $2,100,000.
The property 5942 S Cedar Ave is land located in Fresno, California, 93725.
Accepting Backup Offers: 5942 S Cedar Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
The nearby schools for 5942 S Cedar Ave are: Malaga Elementary School (GreatSchools Rating 7/10), West Fresno Elementary School (GreatSchools Rating 3/10), Calwa Elementary School (GreatSchools Rating 4/10), Washington Colony Elementary School (GreatSchools Rating 6/10), Orange Center Elementary School (GreatSchools Rating 6/10), Pacific Union Elementary School (GreatSchools Rating 6/10), Alice M. Worsley (GreatSchools Rating 1/10), Washington Union High School (GreatSchools Rating 6/10), Elm High School (GreatSchools Rating 2/10).
According to the records, the last property tax for 2024 is $5,633 (source: MLS/based on county public records data).
The last sale was on April 26, 2022 for $500,000 (source: MLS/tax record).
The property 5942 S Cedar Ave is 11.03 acres.
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 121 listings were sold over their listed price in April 2025 in Fresno, CA. In the same period over 130 listings were sold below the listed price and 97 listings were sold for the listed price. The number of homes for sale in Fresno, CA increased by 5.3% between March and April 2025. In April 2025 median list price was $399,996 and the average listing age was 30 days.