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Ave I Pav Vic 23th Ste, Lancaster, CA 93535

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For Sale
Sale Pending

$294,999

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Vacant Land
    Property type

Explore this Property

Incredible MDR zoned land available for purchase. Directly adjacent to an existing large subdivision and surrounded with developing potential. Lancaster Planning & Development zoned this lot for 6-15 units per acre, but also stated that they will allow more units if desired. That could translate into $90,000.00 a month in total unit rental revenue, or $11,250,000.00 in gross sales revenue. Those figures can increase or decrease depending on how the units are built out. One of the best advantages of this parcel is that it already has direct access by two paved roads! Most undeveloped land in this area doesn't come with that kind of advantage. If you are a developer looking for land or an investor looking for a great piece to build your portfolio... this is the land you are looking for. Listed well below current market value so get your offers in today!
MLS# 19011508

Listed By CENTURY 21 Doug Anderson

Property Features

  • Heating - Fuel Type
    Other
  • Style
    Other Style

Map and Directions

Directions to Ave I Pav Vic 23th Ste, Lancaster, CA 93535

Home seller CENTURY 21 Doug Anderson

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Doug Anderson

(661) 945-4521
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Data powered by Attom Data Solutions. Copyright© 2024. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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