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3185 N Valentine Ave - Dayton and Valentine Land

3.03 Acres of Residential Land Offered at $1,195,000 in Fresno, CA 93722

Financial Summary (Pro forma - 2024) Click Here to Access

Annual Annual Per AC
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Pro forma - 2024) Click Here to Access

Gross Rental Income
Annual -
Annual Per AC -
Other Income
Annual -
Annual Per AC -
Vacancy Loss
Annual -
Annual Per AC -
Effective Gross Income
Annual $99,999
Annual Per AC $9.99
Taxes
Annual -
Annual Per AC -
Operating Expenses
Annual -
Annual Per AC -
Total Expenses
Annual $99,999
Annual Per AC $9.99
Net Operating Income
Annual $99,999
Annual Per AC $9.99

Property Facts

Price $1,195,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 3.03 AC

1 Lot Available

Lot

Price $1,195,000
Price Per AC $394,389
Lot Size 3.03 AC

Description

STRONG MULTIFAMILY FUNDAMENTALS Fresno is experiencing strong rent, population and income growth. NEXT TO FREEWAY 99 The site lies close to Freeway 99, a major North-South Arterial to Amazon Distribution Center to the south and El Paseo Marketplace Regional Shopping Center to the north. CLOSE PROXIMITY TO HIGHER EDUCATION AND EMPLOYMENT The site is only 5 miles from Fresno City College and which has almost 15,000 students and over 3,600 jobs. Additionally, there are several major employers minutes away. STRONG CITY SUPPORT, STREET ACCESS The City of Fresno is on board for providing multifamily housing. Seller has approval to built 48 units.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
433-090-24S
Land Assessment
$168,187 (2023)
Improvements Assessment
$0 (2023)
Total Assessment
$168,187 (2023)

zoning

Zoning Code RM-1 (RM-1 Multifamily)
RM-1 (RM-1 Multifamily)
  • Listing ID: 31714999

  • Date on Market: 5/6/2024

  • Last Updated:

  • Address: 3185 N Valentine Ave, Fresno, CA 93722

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