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33347138
33347137

1905 East Pontiac Way, Fresno, CA 93726

GH
CA 02246296
Fresno Income Properties
Listed by Fresno Income Properties
$5,670,000
15 days on market
Updated 15 days ago
Opportunity zone

1905 East Pontiac Way

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 28,728
Units 1
Occupancy 97%
Price per SqFt $197
Year Built 1978
Buildings 5
Acreage 1.170
Zoning R4
Parking Spaces per unit

Assumable 4.30% Loan | Near 100% Occupancy | Central Fresno

Marketing description

Acquire Blue Haven Apartments with a significant built-in financing advantage: an assumable loan of $2,242,238 at a fixed 4.30% interest rate maturing April 2040 — locking in below-market debt on day one, in a rate environment where comparable financing would cost materially more.

This 42-unit Fresno multifamily community is fully operational and income-producing, with occupancy set to hit 100% in the near term — tenants are already lined up and prepared to take occupancy on the remaining units.

The portfolio consists of 40 one-bedroom and 2 two-bedroom units across a gated, amenity-rich campus featuring a pool, on-site laundry, professional landscaping, and resident management — the kind of stabilized infrastructure that attracts and retains tenants without the heavy lift.

For the investor, the math is straightforward: step into a near-fully-occupied, cash-flowing asset, assume the existing note, and deploy your equity where it works hardest. Whether you're building scale, completing a 1031 exchange, or simply looking for a Central Valley foothold with real upside potential, Blue Haven is positioned to perform from day one.

All tours by confirmed appointment only. Please do not walk the grounds or disturb tenants. Contact your agent for rent roll, financials, and loan assumption details.

Investment highlights

ASSUMABLE FINANCING | $2,242,238 at 4.30% fixed through April 2040

NEAR 100% OCCUPANCY | Tenants lined up to fill remaining units

STRONG IN-PLACE INCOME | Reach out For details

42 UNITS | 40 one-bedroom and 2 two-bedroom across 5 buildings

GATED COMMUNITY | Pool, on-site laundry, professional landscaping, resident manager

1031 EXCHANGE READY | Stabilized asset, clean transition, priced to move

CENTRAL FRESNO LOCATION | Blackstone and Ashlan corridor, strong rental demand

OFFERED AT $5,670,000 | $135,000 per unit | $197/sqft

Listing Contacts

GH
CA 02246296
Fresno Income Properties
Listed by Fresno Income Properties

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Zoning

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RMX MixedMixed UseRegional Mixed Use
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Last updated Apr 30, 2026 For deeper zoning details, reports are available at Zoneomics

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Additional Information

Name
Gor Hovhannisyan
License
02246296
Brokerage
Fresno Management Company
Brokerage Phone
5594585406
Title
Real estate salesperson
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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