tomo logo

$2,800,000

Beds
6
Baths
4.0
sq ft
4,332

4961 E Central Ave, Fresno, CA 93725

4961 E Central Ave

Fresno, CA 93725

  • <1 day on market
This stunning custom-built home sits on over 18 acres of land, offering endless possibilities as both a lucrative investment and a primary residence. Situated in a prime location, the property is currently zoned AE20 and holds potential for future development.The main residence on Central Ave boasts vaulted ceilings with exposed wood beams, recessed lighting throughout, a wet bar, and an open floor plan featuring a spacious center island kitchen with beautiful wood cabinetry and tile flooring. Additional highlights include a three-car garage, a large shop on the property, and vast agricultural land ideal for crops. With two single-family homes on the lot, this property presents incredible opportunities.The 2nd home on the property located at 4009 S Clovis Ave is a charming three-bedroom, one-bath residence with lovely wood flooring throughout. It could serve as an ideal in-law suite or rental property to generate cash flow.. With a little TLC, this home has the potential to shine once again. Take advantage of the many possibilities and the income producing potential!

Details

Property type

Single Family Residence

Est. home value

$1,232,140

Lot size

17 sq ft

Price per sq ft

$647

Year built

1993

Price History

03/11/2025
FresnoMLS

FresnoMLS #626610

Listed
$2,800,000

Schools & Community

Elementary school: 

Marshall

Middle school: 

Sutter

High school: 

Fowler

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Pemco Holdings Llc

Loan start date

March 2021

Original loan amount

$570,000

Est. remaining balance

Not provided

Interest rate

2.73%

Loan type

Purchase Money Mortgage

Seller

Tejinder Singh and Sher Singh

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/12/2025 at 4:05 AM

Listing updated: 03/11/2025 at 12:10 PM

Listed by: Richard A. Jackson Jr, Real Broker

MLS: FresnoMLS #626610

FresnoMLS logo

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