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$ 2,500,000
Est. payment /mo
Active
2744 N Locan AVE Fresno, CA 93737
3 Beds
1 Bath
2,196 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,196 sqft
Price per Sqft $1,138
MLS Listing ID 645432
Style Ranch
Bedrooms 3
Full Baths 1
HOA Y/N No
Year Built 2000
Lot Size 9.850 Acres
Property Sub-Type Single Family Residence
Property Description
This exceptional property, as reflected in Fresno County records, presents a unique investment opportunity in a rapidly growing area. Located within Growth Area 2, as identified in Figure IM-2 of the Fresno General Plan, the property is currently designated as Residential - Urban Neighborhood, permitting a density range of 16-30 dwelling units per acre.
The parcel is also included in the Southeast Development Area Specific Plan, which is presently in draft form. This proposed plan would redesignate the land use to Mixed Residential, allowing for a broader density range of 8-60 dwelling units per acre. Although the current application does not conform to either the existing or proposed land use designations, the property offers significant potential for future residential development.
Situated within the sphere of influence of the City of Fresno, this parcel lies directly in the path of anticipated growth and is currently zoned AE-20.
The property features a 3-bedroom, 2-bathroom residence with a domestic well. The garage has been converted into a family room (permits unknown). The home is owner-occupied and easy to show.
This is an outstanding investment opportunity with strong future upside potential. For additional information or to schedule a private showing, please contact the listing agent.
Agent Remarks:
Property to be sold as disclosed
Buyer to verify all development possibilities with the Fresno County Planning Division
Seller may complete a 1031 Exchange at no cost to the .
The parcel is also included in the Southeast Development Area Specific Plan, which is presently in draft form. This proposed plan would redesignate the land use to Mixed Residential, allowing for a broader density range of 8-60 dwelling units per acre. Although the current application does not conform to either the existing or proposed land use designations, the property offers significant potential for future residential development.
Situated within the sphere of influence of the City of Fresno, this parcel lies directly in the path of anticipated growth and is currently zoned AE-20.
The property features a 3-bedroom, 2-bathroom residence with a domestic well. The garage has been converted into a family room (permits unknown). The home is owner-occupied and easy to show.
This is an outstanding investment opportunity with strong future upside potential. For additional information or to schedule a private showing, please contact the listing agent.
Agent Remarks:
Property to be sold as disclosed
Buyer to verify all development possibilities with the Fresno County Planning Division
Seller may complete a 1031 Exchange at no cost to the .
Location
State CA
County Fresno
Zoning AE20
Interior
Cooling Central Heat & Cool
Flooring Carpet, Tile
Appliance F/S Range/Oven
Laundry Inside
Exterior
Parking Features RV Access/Parking
Garage Spaces 2.0
Utilities Available Propane
Roof Type Composition
Private Pool No
Building
Lot Description Urban
Story 1
Foundation Concrete
Sewer Septic Tank
Water Private
Schools
Elementary Schools Boris
Middle Schools Reyburn
High Schools Clovis Unified
Listed by Manny M Cuevas Realty One Group Action
NEARBY SCHOOLS & PROPERTIES
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