2744 N Locan AvenueFresno, CA 93737

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 disclosedBuyer to verify all development possibilities with the Fresno County Planning DivisionSeller may complete a 1031 Exchange at no cost to the .

Property Information

Property type

Residential

Sub-type

Single Family Residence

Style

Ranch

Year built

2000

Living area

2,196 Sq Ft

Lot size

9.85 acres

Garage spaces

2

Zoning

AE20

Days on market

244

MLS^® Listing#

645432

Property Features

Cooling

Central Air

Flooring

Carpet · Tile

Parking

RV Access/Parking

Laundry

Inside

Patio

Covered

Construction

Stucco

Roof

Composition

Utilities

Propane

Sewer

Septic Tank

Water source

Private

Parcel number

31026037

Schools

Elementary

Boris

Middle

Reyburn

High

Clovis

Directions

Google map.