3 months on rocket

2860 N Locan Ave, Fresno, CA, 93737

$3,495,000

9.85 Acres
Land

Location

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Property Highlights

Home TypeAgriculture
MLS #618013
Lot Size9.85 Acres
StatusActive

About 2860 N Locan Ave

This outstanding 9.85 acre vacant land opportunity, 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 Features

Listing Office:

  • Office Name: Gentile Real Estate
  • Office Phone: (559) 434-4999
  • Listing Agent: Nancy Vartanian

Lot Features

Lot Information:

  • Lot Size: 9.85 Acres

Other

Directions Information:

  • Directions: East of shields.

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,495,000

Tax Information:

  • Annual Amount: $3,134
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Fresno, CA.

Med. Sold Price

$391K

Med. Price/SqFt

$248

Avg. Days On Market

26

# of Sold Homes

286

2860 N Locan Ave vs Fresno

108 DAYS ON ROCKET

+82 Days

$3,495,000

+$3.1M More

KEY TAKEAWAY

This property is $3.1M more than the Median Sold Price in Fresno, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Fresno Multiple Listing System
  • MLS Number: #618013

Listing Office:

  • Office Name: Gentile Real Estate
  • Office Phone: (559) 434-4999
  • Listing Agent: Nancy Vartanian

Based on information from the Fresno Association of REALTORS® (alternatively, from the Fresno MLS). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be
interested in purchasing.

Copyright 2024 Fresno Association of Realtors. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/23/2024, 11:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 17, 2002Home Sold
$168,000
Mar 24, 1988Home Sold
$50,000

Tax History

YEARPROP. TAXASSESSMENT
2021$3,134$224,776
2020$3,133$222,472
2019$2,997$218,111
2018$2,997$213,835
2017$2,797$209,643

History based on county public records data.

Payment Calculator

$17.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$10.5K

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1186699
7
/10
  • Boris Elementary School

  • 7071 E Clinton Ave

  • 0.67 miles

  • Public District Grades KG-6

school-card-donut-1186700
8
/10
  • Oraze Elementary School

  • 3468 N Armstrong Ave

  • 1.25 miles

  • Public District Grades KG-6

school-card-donut-1186701
8
/10
  • Reagan Elementary School

  • 3701 Ashlan Ave

  • 1.45 miles

  • Public District Grades KG-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $94,475. The most common annual income of people living in Fresno, CA is between $35k-100k. The most common type of family is married, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2860 N Locan Ave

What is the listing price of this property?

The listing price of 2860 N Locan Ave property is $3,495,000.

What type of property is this?

The property 2860 N Locan Ave is land located in Fresno, California, 93737.

Is this property for sale now?

Active Listing: 2860 N Locan Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $3,134 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on December 17, 2002 for $168,000. (source: MLS/tax record).

How much acreage is this property?

The property 2860 N Locan Ave is 9.85 acres.
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Rocket HomesCaliforniaFresno CountyFresno937372860 N Locan Ave

This home is located at 2860 N Locan Ave in Fresno, CA and zip code 93737 in the Southeast Growth Area neighborhood. This home sits on a 9.85 acre lot. It has been listed on Rocket Homes since September 06, 2024 and is currently priced at $3,495,000.

In November 2024, from all listings sold in Fresno, CA there were more than 98 sold above asking price, over 120 sold below and more than 68 were sold right at the asked price. The inventory of homes for sale in Fresno, CA between October 2024 and November 2024 decreased by 3.8%. While the average time on the market in November 2024 was 26 days, the median list price was $391,067.

From Rocket Homes Real Estate and based on county public records data.

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