2 months on rocket

3940 E Burns Ave, Fresno, CA, 93725

$895,000

Home List Price

$10,000*

Closing Credit

16 Bedrooms
8 Baths
6,880 SqFt
$130/SqFt
Multi

Location

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3940 E Burns Ave, Fresno$895,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingCarport
Year Built1963
CoolingWall/Window Unit(s)
FireplaceNone
MLS #619985
Lot Size0.29 Acres
StatusActive

About 3940 E Burns Ave

Multi-Unit Investment Property Near HWY-99 and Downtown Fresno. This 6-unit property features 2 bedrooms and 1 bathroom in each unit. Additionally, there's a separate 2-unit building, each offering 2 bedrooms and 1 bathroom. The property is gated for added security and includes a large grass area, perfect for outdoor activities. Conveniently located near HWY-99 and just minutes from downtown Fresno, this property presents a solid opportunity for investors seeking a multi-unit complex.

Property Details

Property Features

Property Information:

  • Year Built: 1963
  • Stories: 2
  • Living Area: 6,880 SqFt

Listing Office:

  • Office Name: Real Broker
  • Office Phone: (559) 435-9999
  • Listing Agent: Darin Zuber

Interior Features

Interior Information:

  • Fireplace: None

Bedroom and Bathroom Information:

  • Total Bedroom Count: 16

Exterior Features

Parking Information:

  • Parking: Carport

Lot Features

Lot Information:

  • Lot Size: 0.29 Acres

Utilities

Utilities Information:

  • Cooling: Wall/Window Unit(s)

Other

Directions Information:

  • Directions: Starting on Church and Orange, head East on Church turn right on 9th, and turn left on Burns, the property will be on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $895,000
  • Price Per SqFt: $130/SqFt

Tax Information:

  • Annual Amount: $2,898
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Fresno, CA.

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Fresno, CA

City

Med. Sold Price

$391K

Med. Price/SqFt

$248

Avg. Days On Market

26

# of Sold Homes

286

3940 E Burns Ave vs Fresno

68 DAYS ON ROCKET

+42 Days

$895,000

+$503.9K More

$130/SqFt

-$118 Less

KEY TAKEAWAY

This property is $503.9K more than the Median Sold Price and $118/SqFt less than other homes in Fresno, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Fresno Multiple Listing System
  • MLS Number: #619985

Listing Office:

  • Office Name: Real Broker
  • Office Phone: (559) 435-9999
  • Listing Agent: Darin Zuber

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 2024 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: 12/21/2024, 10:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 31, 1994Home Sold
$100,000
Dec 01, 1989Home Sold
$245,000

Tax History

YEARPROP. TAXASSESSMENT
2021$2,898$212,860
2020$2,898$210,678
2019$2,740$206,548
2018$2,740$202,499
2017$2,616$198,529

History based on county public records data.

Payment Calculator

$4,534

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,750

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-802459
4
/10

  • Calwa Elementary School

  • 4303 E Jensen Ave

  • 0.41 miles

  • Public District Grades PK-6

school-card-donut-802460
5
/10

  • Balderas Elementary School

  • 4625 E Florence Ave

  • 1.00 miles

  • Public District Grades PK-6

school-card-donut-802461
6
/10

  • Vang Pao Elementary School

  • 4100 E Heaton Ave

  • 1.00 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $44,028. The most common annual income of people living in Fresno, CA is between $35k-100k. Residents typically live in married, with kids family. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›California›Fresno County›Fresno›93725›3940 E Burns Ave

This home is located at 3940 E Burns Ave in Fresno, CA and zip code 93725 in the Roosevelt neighborhood. This 6,880 square foot home, which was built in 1963, sits on a 0.29 acre lot. Features: 16 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since October 14, 2024 and is currently priced at $895,000.

In November 2024 more than 98 listings in Fresno, CA were sold above the asking price. During the same period more than 68 listings were sold at asking price, while more than 120 were sold below. The number of listings in Fresno, CA decreased by 3.8% between October 2024 and November 2024. While the average time on the market in November 2024 was 26 days, the median list price was $391,067.

From Rocket Homes Real Estate and based on county public records data.

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