tomo logo

$2,100,000

Beds
3
Baths
2.0
sq ft
1,749

5942 S Cedar Ave, Fresno, CA 93725

5942 S Cedar Ave

Fresno, CA 93725

  • <1 day on market
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!

Details

Property type

Single Family Residence

Est. home value

$511,626

Lot size

11.03 acres

Price per sq ft

$1,201

Year built

1965

Price History

03/05/2025
FresnoMLS

FresnoMLS #626339

Listed
$2,100,000
+320%
04/26/2022
FresnoMLS

FresnoMLS #571857

Sold
$500,000
+5.26%
07/19/2021
FresnoMLS

FresnoMLS #561671

Sold
$475,000

Schools & Community

Elementary school: 

Calwa

Middle school: 

Terronez

High school: 

Sunnyside

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$1,581,020
Asking price
$2,100,000
Closing costs (~8% of asking)
-$168,000
Est. remaining loan balance
-$350,980
Cash to seller
$1,581,020

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

February 2022

Original loan amount

$375,000

Est. remaining balance

$350,980

Interest rate

3.05%

Loan type

New Conventional, 30 year

Seller

Sachin Dua

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/06/2025 at 12:50 AM

Listing updated: 03/05/2025 at 12:50 PM

Listed by: Hirdey P. Singh, Rod Aluisi Real Estate

MLS: FresnoMLS #626339

FresnoMLS logo

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