4.04 Acres Lot
4.04 Acres Lot
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV25194758
HOA Y/N No
Year Built 1940
Lot Size 4.040 Acres
Property Sub-Type Single Family Residence
Property Description
Strategic Location and Site Features
The site has direct frontage along N. Valentine Avenue and benefits from immediate proximity to Highway 99, providing strong access to regional transit and employment centers. The parcel is flat and efficiently shaped, making it ideal for phased development, build-for-rent townhome communities, cottage courts, or other low-to-mid density rental housing formats.
An existing ±770 SF single-family residence is currently tenant-occupied and generating $1,000/month in rental income, offering holding income during entitlement or predevelopment phases. All utilities are believed to be nearby, and the site is located within a designated Priority Area per Fresno's General Plan, which may offer further incentives or streamlined processing for housing (buyer to verify with city planning).
Infill Multifamily Potential with Flexibility
RM-1 zoning supports a wide variety of housing types including duplexes, fourplexes, small apartment buildings, attached townhomes, and cottage-style developments. Development standards support up to 64 units by right and allow for a 40-foot height limit, 50% lot coverage, and 20% required open space, making this site highly efficient to design. Surrounded by compatible residential uses, schools, and light commercial/industrial uses to the north, this site offers a buffer zone between existing density and future growth corridors.
Investment Highlights
This is a rare opportunity to acquire a clean, developable site with both existing income and long-term upside in a city with strong housing demand and limited entitled land. Whether you're a merchant builder, build-to-rent operator, or long-term investor, 3223 N. Valentine checks all the boxes: zoning flexibility, utility access, regional connectivity, and tenant-ready entitlement potential. Buyer to verify all property details, including zoning, utility access, density bonuses, and incentive eligibility.
Location
State CA
County Fresno
Zoning AE-5
Interior
Fireplace No
Laundry See Remarks
Exterior
Pool None
Community Features Urban
Private Pool No
Building
Lot Description Value In Land
Story 1
Entry Level One
Sewer Unknown
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 43306009
Energy Description 9999.0
Acceptable Financing Submit
Listing Terms Submit
Special Listing Condition Standard
Nearby Locations
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