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Level Multi-Family Development Lot
For Sale
$85,000

505 W Ashlan Ave, Fresno, CA 93705

Land, Fresno, CA

Property SizeContact for details
Lot Size0.37 Acres
Days on Market77

Property Features for 505 W Ashlan Ave

General Information

Property type Land
Property subtype Apartment
Zoning description RM1
Lot features Corner, Less than 1 Acre
High school district Fresno Unified
Directions From Blackstone west on Ashlan to the Southwest corner of Ashlan and Fruit.
Subdivision 705
Standard status Active
APN 43402057
Lot size 0.37 Acres
Listing Agency: Universal Realty Services, Inc.
Listed By: Donna Deegan · License #02075026
Added: Jun 9 Changed: Aug 24 Last Checked: Aug 24 at 5:06PM
MLS# 650220

Copyright © 2026 Fresno Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This is a level, build-ready development lot located on the southwest corner of Ashlan Ave and Fruit Ave in Fresno. The property is sized at 0.3673 acres and is currently zoned RM1 for multi-family use. Public remarks also note it has been commercially zoned in the past, providing flexibility to be verified with the appropriate local authorities.

The site is positioned in a bustling traffic area, which can support a range of development concepts depending on permitted uses. The owner is ready to sell and is inviting offers.

For buyers seeking a straightforward lot with an existing RM1 multi-family zoning designation, the property offers a clean starting point for planning and approvals. Because the remarks reference prior commercial zoning, prospective purchasers should confirm current zoning requirements and any permitted development pathway before moving forward.

Key Highlights

  • 1/3‑acre, level lot at the southwest corner of Ashlan and Fruit in Fresno
  • RM1 multi‑family zoning (previously commercially zoned)
  • Lot is described as ready for your build

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Dental Office Real Estate Agency Hair Salon Skin Care Clinic Nail Salon Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

308
Businesses Nearby

Demographics for 93705, CA

38,125
Population
13,408
Households
2.8
Avg Household Size
31
Median Age
16%
College-Educated
75%
High-School Grad
4.9 sq mi
ZIP Area
7,781
Density / Sq Mi
$55,152
Median Household Income
$35,979
Median Earnings
$1,254
Median Rent
$281,300
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Level lot zoned RM1 multi-family on a busy corner, ready for a new build.
Where is this residential land & home lot located?
The property is located at 505 W Ashlan Ave Fresno, CA.
What is the asking price?
The asking price for this property is $85,000.
What are key features of this property?
This property features: 1/3‑acre, level lot at the southwest corner of Ashlan and Fruit in Fresno; RM1 multi‑family zoning (previously commercially zoned); Lot is described as ready for your build
More about this property
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