$7,124 Closing Credit¹
#625458, Sarah Gillespie, Listing Office: Executive Realty Associates
$3,500,000 List price
2872 N Locan Ave Fresno, CA 93737
5 beds
3 baths
3,070 sqft
9.2 acres
$1,140 / sqft
House
Property details
About 2872 N Locan Ave
Many opportunities for this 9.17 Acre property with 3070 square feet home. 5 Bedrooms and 3.25 bathrooms. 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.
Highlights
Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air
Size3,070 sqft
Lot size9.17 Acres
Year built2004
MLS #620376
Summary
- MLS Number: 620376
- MLS Name: Fresno Multiple Listing System
- Office Name: Bottom Line CRE Inc.
- Office Phone: (559) 917-3207
- Office Email: goonp@bottom-line.com
- 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 2025 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: 3/14/2025, 1:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$3,500,000
2872 N Locan Ave
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Seller rebate
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jul 01, 2014 | Home Sold | $249,000 |
| Dec 15, 2011 | Home Sold | $360,000 |
| Jan 28, 2003 | Home Sold | $177,000 |
| Mar 24, 1988 | Home Sold | $50,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $382,932 | $2,944 |
| 2023 | $375,424 | $2,944 |
| 2022 | $368,064 | $2,593 |
| 2021 | $360,848 | $2,519 |
| 2020 | $357,149 | $2,498 |
| 2019 | $350,147 | $2,604 |
| 2018 | $343,283 | $2,604 |
| 2017 | $336,553 | $4,222 |
History based on county public records data.
Nearby schools
8
Young Elementary School
Public District KG-6
0.3 mi
•3140 N Locan Ave
7
Boris Elementary School
Public District KG-6
0.7 mi
•7071 E Clinton Ave
8
Oraze Elementary School
Public District KG-6
1.1 mi
•3468 N Armstrong Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
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. Residents typically live in married, no kids family. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
15%
<35k
40%
35k-100k
33%
100k-200k
12%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
23%
Single, No Kids
9%
Single, with Kids
36%
Married, No Kids
32%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
17%
<11 yrs old
9%
12-17 yrs old
26%
18-34 yrs old
36%
35-64 yrs old
12%
65+ yrs old
What do the neighbors do for fun?
Skiing/snowboarding
College Football
PGA/LPGA
Where do the neighbors shop?
BJs Wholesale Club
Best Buy
Stein Mart
Where do the neighbors go to eat?
Panera
Texas Roadhouse
Bob Evans
What do the neighbors drive?
Infiniti
Ram
Lincoln
What do the neighbors listen to?
Adult Hits
Contemporary Christian
News/Talk/Information
All data provided by Home Junction and Claritas
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Frequently asked questions
About 2872 N Locan Ave
This home is located at 2872 N Locan Ave in Fresno, CA and zip code 93737 in the Southeast Growth Area neighborhood. This 3,070 square foot home, which was built in 2004, sits on a 9.17 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 21, 2024 and is currently priced at $3,500,000.
While more than 64 listings in Fresno, CA in February 2025 were sold above asking price, there were more than 51 listings sold at asking price, and more than 100 were sold below. The number of homes for sale in Fresno, CA increased by 10% between January and February 2025. The median list price of listings available in February 2025 was $397,972, while the average time on the real estate market was 50 days.
From Rocket Homes Real Estate and based on county public records data.