2744 N Locan Avenue Fresno CA 93619 MLS #627445

This exceptional property, 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.The property includes a 3-bedroom, 2-bath home with a domestic well, and the garage has been converted into a family room (permits unknown). The property is owner-occupied and easy to show.Don’t miss out on this fantastic investment opportunity! Contact the agent to set up an appointment or for any questions.Agent-Only Rmrks Property Sold as disclose.Buyer to verify with Fresno County planning division proposed housing developing.Seller may be participating on a 1031 Exchange at no cost to buyer.