$950,000

2328 S Cherry Ave Fresno, CA 93706

Estimated payment $6,152/month

Total Views 6,401
4.19 Acres
$226,730 Price per Acre
182,516 Sq Ft Lot

About This Lot

Exceptionally unique opportunity to own and develop a multi-purpose/multi-zone RS-5. +/-4.19 acre parcel of land, perfectly positioned adjacent to the CA-41 and CA-99 offering exceptional visibility for several unique ventures. Nestled right on the border of the vibrant city of Fresno, this property boasts multi residential zoning parcel that's very hard to find. Privacy and security are paramount here, as the property is fully fenced in. We purchased this property in an effort to combat the housing crisis by building a comprehensive assisted living and housing complex to house 250 individual. Whether your vision involves separate housing units, a supportive housing community with over 250 bed, or any future development, this versatile property stands as an ideal canvas for any residential/business project. This piece of land is part of a duplicate project we are currently developing in the cities of Palmdale (LA County) and Bakersfield (Kern County).All three land development projects made possible with similar plans, land use, and size. Please see attached documents. This listing includes complete plans for our 250 bed assisted living facilities and apartments. It cost over 150k to get these plans developed and currently approved in Bakersfield.

Listing Agent

Mezdan Mota

The Dana Real Estate & Investments Inc. License #01833661 Listed on: 04/17/2025

Property Details

Property Type

  • Land

Lot Details

  • 4.19 Acre Lot
  • Property is zoned RS-5

Additional Features

  • Views of a landmark
  • Property is located within a water district

Listing and Financial Details

  • Assessor Parcel Number 478-203-26

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Advertising Remarks: Multi-Zoned Land, RS-5 Zoning, Development Opportunity, Assisted Living Project, Investment Property, Residential Land, Multi-Use Property, High Visibility, CA-41 Access, CA-99 Access, Near Fresno Border, Fully Fenced Property, +/-4.19 Acres, Multi-Family Zoning, Housing Development, Land for Sale, Infrastructure Plans Included, Approved Plans, 250 Bed Facility, Expansion Potential, Palmdale Project, Bakersfield Project, Mixed-Use Land, Supportive Housing, Rare Zoning, Prime Location, Builders Dream, Investor Alert, Land with Plans, Unique Opportunity
  • Lot Acreage: 4.1900
  • Number Of Photos: 18
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Public Street: Yes
  • View: Landmark
  • View: Yes

Utilities

  • Cable: No
  • Electric: In Street
  • Telephone: No
  • Water: In Street, District

Lot Info

  • Assessor Parcel Number: 478-203-26
  • Lot Size Area: 182516

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2025 04/17/25 For Sale $950,000 +18.8% --
12/20/2023 12/20/23 Sold $800,000 -11.0% $4 / Sq Ft
08/25/2023 08/25/23 Pending -- -- --
10/12/2022 10/12/22 Price Changed $899,000 -10.1% $5 / Sq Ft
03/15/2022 03/15/22 For Sale $1,000,000 -- $5 / Sq Ft
Source: The MLS

Source: The MLS

MLS Number: 25526811

The MLS