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Deeply rooted in the historic Tower District, the California Arts Academy building, originally known as the Severance building, has served as a cornerstone of the Fresno performing arts community for decades. The building was constructed in 1930 by C.B. Severance as a dance studio and home for his family. The residence was on the main floor and upstairs was a grand ballroom. In 2005 the building was sold to the California Arts Academy and in 2007 the property underwent a massive $1 million plus renovation. The main floor was reconfigured into 5 versatile private studios and rooms of various sizes plus a prep kitchen and high capacity multiuser restrooms. (5 stalls in women's restroom and 1 stall in men's with 3 urinals). The upper level maintains its original grandeur with a sweeping ballroom, period chandeliers, maple flooring plus a 2nd small prep kitchen and 2 private bathrooms. Whether utilized as a premier dance and theatre conservatory or reimagined as a multi-tenant creative hub of all-inclusive mini office suites, this landmark offers exceptional character and charm all in a very central Tower location. There are also several additional large storage rooms plus a basement. Call for a private tour today!
Listing agent: Michael Garabedian DRE #01189466 michaelg@londonproperties.com, Listing office: London Properties
MLS data updated 11/3/2026, 12:31:34 AM PT
Source: CRMLS, MLS #: FR26028370
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
May 18, 2026
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$915,000Closed sale · May 18, 2026ZIP 93728 · May 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.