| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 71st | Best |
| Demographics | 53rd | Good |
| Amenities | 55th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 5700 E Balch Ave, Fresno, CA, 93727, US |
| Region / Metro | Fresno |
| Year of Construction | 1980 |
| Units | 74 |
| Transaction Date | 2017-11-28 |
| Transaction Price | $50,000 |
| Buyer | SSG AFFORDABLE LP |
| Seller | GLEN SUNNYSIDE |
5700 E Balch Ave, Fresno CA Multifamily Investment
Neighborhood occupancy is strong and renter demand appears durable, according to WDSuite’s CRE market data, supporting income stability for well-managed assets. This inner-suburban Fresno location offers practical connectivity and a tenant base oriented toward value and convenience.
This Inner Suburb pocket of Fresno ranks 31 out of 246 metro neighborhoods (A rating), indicating competitive positioning among Fresno locations for multifamily. Neighborhood occupancy is high relative to national norms, and the area’s renter-occupied share sits above the national average — a constructive signal for tenant depth and leasing velocity at the neighborhood level, not the property.
Daily-needs access is a relative strength: neighborhood grocery and pharmacy density track in the upper national percentiles, while restaurants are also comparatively plentiful. By contrast, cafes and park acreage are thinner, which tilts the amenity mix toward essentials rather than lifestyle offerings. For schools, the neighborhood’s average rating sits modestly above the national midpoint, which can aid family retention for larger-unit product.
Within a 3-mile radius, recent population and household growth point to a larger tenant base, with projections indicating continued expansion through the forecast period. As households increase and average household size edges down slightly in the outlook, the mix supports steady absorption of multifamily units and helps underpin occupancy stability.
Home values in the neighborhood trend above many U.S. areas on a value-to-income basis, which reinforces renter reliance on multifamily housing and can support pricing power where unit quality and management execution are strong. Median contract rents are around the national midpoint, keeping rent-to-income levels manageable from an investor standpoint and helping reduce lease turnover risk.
Safety trends in this Fresno neighborhood sit around the national middle, with overall conditions broadly comparable to the metro median. Property offenses have eased year-over-year, placing the improvement trend in a stronger national bracket, while violent offense levels track closer to mid-national percentiles. These figures are neighborhood-level indicators and can inform operational planning (lighting, access control, and partnership with local patrols) to sustain resident confidence.
Regional employers within commuting range provide a stable base of industrial and food-processing jobs that support workforce housing demand, notably at Con Agra Foods and International Paper.
- Con Agra Foods — food processing (26.2 miles)
- International Paper — paper & packaging (41.7 miles)
5700 E Balch Ave combines a 74-unit scale with a neighborhood that ranks competitively among Fresno peers and maintains high occupancy at the neighborhood level. Essentials-focused amenities (groceries, pharmacies) and a renter-leaning housing mix support durable leasing, while home values sitting on the higher end relative to incomes tend to sustain rental demand rather than shift households to ownership.
Within a 3-mile radius, population and households have grown and are projected to expand further, pointing to a larger renter pool and support for occupancy. Median rents sit near the national midpoint; coupled with an area rent-to-income profile that is manageable, this backdrop favors retention if operators maintain product quality. According to CRE market data from WDSuite, these neighborhood dynamics compare favorably to many U.S. inner-suburban submarkets, though investors should account for mixed-but-improving property crime trends and a thinner supply of lifestyle amenities such as parks and cafes.
- Competitive Fresno neighborhood rank with historically strong occupancy at the neighborhood level
- Essentials-rich amenity mix (groceries, pharmacies) supporting daily convenience and retention
- 3-mile population and household growth expanding the renter pool and supporting lease-up stability
- Ownership costs relatively high versus incomes, reinforcing reliance on multifamily and pricing power for well-run assets
- Risks: property crime requires active management; limited parks/cafes may cap lifestyle appeal versus amenity-rich submarkets