Active

3207 N Valentine Avenue

Fresno, CA 93722

$900,000 $3,794/Mo

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Overview

Bed

Bath

770

Sqft

175,982

Sqft(Lot)

Description

3207 N. Valentine Avenue offers a rare opportunity to acquire ±4.04 acres of RM-1 zoned land in the growing Northwest Fresno submarket. The rectangular parcel sits within an established residential corridor and is zoned RM-1 (Residential Multi-Unit – Low to Medium Density), allowing for up to 16 units per acre by right, with additional density potential under California State Density Bonus Law. This means developers could unlock even more units by incorporating affordable housing elements, increasing both revenue and impact. 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 i deal 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.

Property Details

Property Type : Residential Income

Price : $900,000

AD Id : 68390811

MLS Id : CV25194758

Lot Size : 175,982 Sqft

Living Area Size : 770

Year Built : 1940

County : Fresno

Map

What's Nearby

Nearby Areas

Features

Water/Sewer

Water Source: Public Sewer: Unknown

Building Information

Year Built: 1940 Building Area Total: 770
Pool Features

None

Laundry Features

See Remarks

Lot Details

Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 4.04
Lot Size Source: Assessor Lot Size Square Feet: 175982

Listing Price Information

Original List Price: 900,000 Listing Contract Date: 2025-08-28
Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 43306009

Other Property Info

Source Listing Status: Active Source Neighborhood: Postal Code Plus 4: 4839 Directions: W/HWY 99 Zoning: AE-5 Source Property Type: Residential Income Property SubType: Single Family Residence
Building and Construction

Property Age: 86 Common Walls: No Common Walls Structure Type: Single Family Residence Year Built Source: Assessor Entry Level: 1 Entry Location: 1 Levels or Stories: One Building Total Stories: 1

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
N Forestiere Avenue, Fresno, CA, 93722	$420,000	3	2	1,886	1,886 SqFt
N Barcus Avenue, Fresno, CA, 93722	$650,000	5	3	3,167	3,167 SqFt
W Ashcroft Avenue, Fresno, CA, 93722	$359,000	3	2	1,125	1,125 SqFt
N Hanna Avenue, Fresno, CA, 93722	$449,000	3	2	1,792	1,792 SqFt
W Alamos Avenue, Fresno, CA, 93722	$374,777	4	2	1,368	1,368 SqFt
W Saginaw Way, Fresno, CA, 93722	$430,000	4	2	1,798	1,798 SqFt
N Cornelia Avenue, Fresno, CA, 93722	$299,777	3	2	1,155	1,155 SqFt
W Cardiff Avenue, Fresno, CA, 93722	$354,500	3	2	1,103	1,103 SqFt
N Gorma Avenue, Fresno, CA, 93722	$320,000	3	2	1,670	1,670 SqFt
W Los Altos Avenue, Fresno, CA, 93722	$485,000	3	2	1,880	1,880 SqFt

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ByOwner last updated this listing 06/18/2026 @ 05:11

MLS: CV25194758 LISTED BY: Terri Barrett, RE/MAX TIME REALTY 909-373-0880 SOURCE: CRMLS