Calwa Real Estate

Calwa Real Estate

Welcome to Calwa, a charming neighborhood located in Fresno, California. This close-knit community offers a perfect blend of suburban tranquility and urban convenience, making it an ideal place to call home.

Calwa is situated in Fresno County, just a short drive away from the bustling city of Fresno. Residents of Calwa enjoy easy access to a wide range of amenities, including shopping centers, restaurants, and entertainment options. The neighborhood is known for its tree-lined streets, well-maintained parks, and friendly atmosphere.

In Calwa, you'll find a variety of housing options to suit your needs, from cozy single-family homes to modern apartments. Whether you're a young professional looking for a vibrant community or a family seeking a safe and peaceful environment, Calwa has something for everyone.

The neighborhood is also conveniently located near major highways, making it easy to commute to other parts of Fresno or explore the beautiful natural surroundings of California. With its affordable housing prices and strong sense of community, Calwa is a hidden gem waiting to be discovered.

Come and experience the charm of Calwa – where small-town charm meets big-city convenience. Find your perfect home in this welcoming neighborhood and start enjoying the best that Fresno, California has to offer.

Newest Listings in Calwa

$1,175,000
16 Beds 8 Baths 647009 MLS
Eight Unit Multifamily Investment Opportunity. Great Income, Modern Upgrades, Strong Rental Demand, Brand New Roof, Brand New Paint, newer AC units.This 8 unit multifamily asset offers a full 2 Bedroom, 1 Bath configuration, a consistently high demand layout in the Fresno rental market. Every residence has received new interior paint within the last year, creating a clean and uniform presentation across the property. The building reflects ongoing ownership care, with a mix of upgraded interiors, modernized kitchens and baths, and strong in place rents. This is a stabilized, income producing asset with clear upside through continued modernization of legacy units.Unit Mix and Interior Condition:Unit 1: $1,400. Fresh interior paint, new floors.Unit 2: $1,050. New flooring. Clean interior profile.Unit 3: $1,200. New flooring. Fully remodeled kitchen with granite and new cabinets. New bathroom.Unit 4: $1,175. New bathroom. New flooring. New stove.Unit 5: $1,250. Full renovation completed one year ago. Modern kitchen, bath, flooring, and finishes.Unit 6: $1,541. New windows. New paint. New stove. (Hosing Voucher)Second Building (Units 7 and 8):Unit 7: $1,090. Unit 8: $1,025. New bathroom. New kitchen with cabinets, granite, and stove. New flooring and new paint.Financial Summary:Total Monthly Income: $9,731.00Total Annual Income: $116,772Operating Expenses (Annual):Insurance: $4,700Water and Sewer: $3,000Trash: $2,800Electric and Gas (Common): $900Garden Care: $600Pest Control: $600Investment Highlights:Brand new Roof.Brand new outdoor paint.All units are 2 bed and 1 bath, the strongest rental configuration in this submarket.Uniform interior paint across all eight units within the last year.Multiple upgraded interiors with new kitchens, granite counters, cabinets, flooring, and bathrooms.Stabilized rent roll with strong in place income.Clear value add runway through modernization of legacy units.This 8 unit asset is ideal for investors seeking an income producing property with a balanced mix of renovated units and value add potential. There is room for improvements in the rents.

3940 E Burns Avenue, Fresno

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Based on information from the Fresno Association of REALTORS® as of . 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.