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For Sale

$1,975,000

158 S Peach Ave
Fresno, CA 93727

Attention Developers and Investors! A rare ENTITLED high density apartment development opportunity in Southeast Fresno within qualified OPPORTUNITY ZONE! Prime location with walking distance to Schools, Walmart, parks and popular dining and shopping on Kings Canyon Road. This is an 4.3 Acre land with ENTITLEMENT for an 130-Units apartment building complex. Seller spent over 1 year on planning, designing, revision, attending public hearings, getting annexation etc. Finally this 130 units apartment complex land is entitled by the City. Subject land includes 4 parcels 463-090-11/28/57/59 and currently has the Street number 144, 158 and 174 S Peach Ave. The city of Fresno has issued entitlement for this 130 units apartment complex project which includes five 3-story building (1 Bedroom-47 units, 2 Bedroom-71 units and 3 Bedroom-12 units, surface carport parking). The subject Project is conveniently located at Fresno Area Express (FAX) Public transportation system:There are 3 bus lines are within walking distance from the Project. Two of which have stations right in front of and cross street of the Project. The project is 10 mins drive from Amazon and Ulta Beauty distribution center which came to town just 3 years ago. With low cost of living, California weather, central CA location, ready job force, sufficient education resources, Fresno is where companies want to move to. Fresno continuously having high population growth and insufficient supply of workforce housing. This project is what the City needs! Property and land sell as is. Buyer to do construction permit per City requirement. Read More

Market Status
Available
Last Updated
September 24, 2021

Property Type
Land
Architecture
Lots/Acreage
MLS Area
Fsno - Fresno

Local Market Conditions

There are currently 477 properties for sale in the Fresno, CA area with the average listing price of $457,366. This represents a decrease of -0.4% over the previous week. The 2 bedroom homes saw the largest decrease in the average listing price over the previous week with a -2.8% decrease. To learn more about the Fresno, CA area, contact a local expert!

Market Snapshot for Fresno, CA

Avg. Listing Price

$457,366

Wk ending Sep 4

$-1,969

-0.4%

w-o-w

477

54

50

50

31

29

Average Listing Price for Fresno, CA
No. BedroomsNo. Beds Week Ending
(Sep 4)
w-o-w Week Ending
(Aug 28)
Week Ending
(Aug 21)
Week Ending
(Aug 14)
All PropertiesAll $457,366 -0.4% $459,335 $454,087 $442,588
1 bedroom1 BR $266,500 +0.0% $266,500 $266,500 $266,500
2 bedrooms2 BR $246,005 -2.8% $252,977 $240,973 $224,284
3 bedrooms3 BR $391,229 -0.1% $391,531 $384,219 $382,364
4 bedrooms4 BR $564,616 +0.2% $563,515 $566,645 $576,663

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Listing Provided By:

Betty Wang

Pinnacle Real Estate Group

Phone
This $1,975,000 Land at 158 S Peach Ave in Fresno, CA is presented by Betty Wang. This $1,975,000 Land, located in the 93727 zip code, has the following property features: MLS Area. This 158 S Peach Ave Land is listed under MLS listing number AR21099926 and has a listing price of $1,975,000. You can find more Fresno homes for sale here.

Data Provided by California Regional Multiple Listing Service

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