$3,500,000
Active

2872 N Locan Avenue

Fresno, CA 93737
3070 sqft | 5 beds | 9.17 acres | #620376
Browse 2 photos
Type:Purchase
Structure:House
Zone:Residential

Description

Many opportunities for this 9.17 Acre property with 3070 square feet home. 5 Bedrooms and 3.25 bathrooms. Located within Fresno County records, presents a unique investment opportunity in a high-growth area. Situated in Growth Area 2 as per Figure IM-2 of the Fresno General Plan, the property is currently designated as Residential - Urban Neighborhood, allowing for a density range of 16-30 dwelling units per acre.The land is part of the Southeast Development Area Specific Plan, which is still in draft form. This plan proposes to change the land use designation to Mixed Residential, offering an expanded density range of 8-60 dwelling units per acre. While the current application does not align with either the existing or proposed land use, the potential for prime residential development is immense. Located within the city of Fresno's sphere of influence, this parcel is in the path of growth and is currently zoned AE20. Don't miss out on this fantastic investment opportunity! Contact the agent to set up an appointment or for any questions.

  • Property Details
      • Property SubtypeSingle Family Residence
      • CoolingCentral Heat & Cool
      • Cooling FeaturesCentral Heat & Cool
      • Utility FeaturesPublic Utilities
      • School DistrictClovis Unified
      • RoofComposition
      • High SchoolClovis East
      • FoundationConcrete
      • Parcel Number31026035
      • Middle SchoolReyburn
      • Cost3500000
      • Utility SourcePublic
      • CountyFresno
      • MLS #620376
      • MLS #620376
      • Lot FeaturesUrban
      • Lot DescriptionUrban
      • Elementary SchoolBoris
      • Acres9.17
      • Square Feet3070
      • Year Built2004
      • ZoningAE20
      • Fireplaces1
      • Bedrooms5
      • Stories1

Location

Jessie Espinosa | Century 21 Select Real Estate, TurlockReal Estate Group
$
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
$
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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Loan Amount
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