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$1,200,000   Price Analysis
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158 S Peach Ave
Fresno, CA 93727
Unknown bed 0 bath unknown SqFt ($0/SqFt)
4.3 acre lot.
Listed 2024-07-22, Taxes $1,990
Ⓧ USDA Ineligible
due to property

near Fresno

Calling all Developers and Investors!

Offered up is a rare ENTITLED high-density apartment development opportunity in Southeast Fresno, within a qualified OPPORTUNITY ZONE. Prime location within walking distance to schools, Walmart, parks and popular dining and shopping on Kings Canyon Road. This is a 4.3 Acr lot with city approved ENTITLEMENT for a 130-unit apartment building complex. Seller spent over 1 year on planning, designing, revision, attending public hearings, getting annexation, etc. Lastly, this 130-unit apartment complex is made up of 4 parcels.

463-090-11, 463-090-28, 463-090-57, 463-090-59 and currently has the street numbers 144, 158 and 174 S Peach Ave. The city of Fresno has issued entitlement for this 130-unit apartment complex project , which includes five 3-story buildings (1 Bedroom-47 units, 2 Bedrooms-71 units and 3 Bedrooms-12 units, along with surface carport parking). The subject project is conveniently located at Fresno Area Express (FAX) Public transportation system. There are 3 bus lines within walking distance from the project. Two of which have stations right in front of and across the street from the project. The project is a 10 minute drive from Amazon and Ulta Beauty Distribution Center. Everything is in place to have this Shovel ready in 6 to 8 months.


Presented by Gregory L. Mouw at
Real Broker.


Property MLS #615806 from Fresno

Level
1 - 5 Acres
Lot Description: Level, 1 - 5 Acres
Lot Dimensions Source: SqFt
Lot Size Acres: 4.3
Lot Size Square Feet: 187308

Association: No
Calculated Total Monthly Association Fees: 0

City Region: Fresno
Source Listing Status: Active
County: Fresno
Cross Street: Peach and Tulare
Source Property Type: Land
Area: 727
Source Neighborhood: 727
Parcel Number: 46309059
Postal Code Plus 4: 3944
Property Subtype: Apartment, Commercial
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $148,400
$148,400
$1,990
2021$unknown + $145,491
$145,491
$1,888
2020$unknown + $61,200
$61,200
$852
2019$unknown + $60,000
$60,000
$820
2018$3,169 + $14,413
$17,582
$302
2017$3,107 + $14,131
$17,238
$296
2016$3,047 + $13,854
$16,901
$280
2015$6,122 + $13,646
$19,768
$230
2014$6,003 + $13,379
$19,382
$226
2013$5,976 + $13,319
$19,295
$225
2012$5,859 + $13,058
$18,917
$220
2010$5,745 + $12,802
$18,547
$218
2009$5,717 + $13,255
$18,972
$221
2009$5,703 + $13,223
$18,926
$221
2008$5,605 + $12,996
$18,601
$204
2007$5,496 + $12,742
$18,238
$205

Listed 2024-07-22
$1,200,000
Fresno
Listing removed 2023-11-22
$0
Fresno
Listed 2023-11-20
$1,450,000
Fresno
Listing removed 2022-08-09
$0
Fresno
Listed 2022-02-08
$1,875,000
Fresno
Listing removed 2022-01-15
$0
Fresno
Listing removed 2021-11-19
$0
CRMLS
Listed 2021-07-28
$1,975,000
Fresno
Price Changed 2021-07-06
$1,975,000
CRMLS
Listed 2021-05-11
$2,880,000
CRMLS
Sold 2020-02-10
$267,000
Public Record
Sold 2018-10-25
$237,500
Public Record

Access: City Street

Gas: Public Utilities
Sewer: Public Water, Public Sewer

Improvements: Street Lights, Sidewalks

Easterby Elementary School is a public elementary school located approximately 0.1 miles away.
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Kings Canyon Middle School is a public middle school located approximately 0.2 miles away.
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Sunnyside High School is a public high school located approximately 0.6 miles away.
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Campus Christian Academy is a private elementary, middle and high school located approximately 0.5 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.