4516 N Chestnut Ave

Investment Overview

Located at 4516 N Chestnut Ave in Fresno, CA, this 1.25-acre parcel presents an excellent multifamily development opportunity within the RM-1 zoning designation. With an allowable density of 12-16 dwelling units per acre, the site has the potential to accommodate approximately 15-20 residential units, making it ideal for developers looking to capitalize on Fresno’s growing housing demand. Positioned in a well-connected area, the property offers convenient access to major roadways, essential amenities, and employment centers, enhancing its desirability for future residents and investors alike.

Investment Highlights

• Zoned RM-1
• Ideal for multifamily development
• Located in the vibrant Fresno area
• Convenient access to amenities
• Excellent investment opportunity
• Potential for high rental demand
• Strong market for multifamily properties
• Proximity to schools and parks
• Desirable residential neighborhood