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J Ave - Residential Land

38.14 Acres of Residential Land Offered at £5,169,780 in Lancaster, CA 93535

Investment Highlights

  • Entitlement Opportunity
  • Located on Main East / West Corridor (Ave J) with Freeway Access
  • Adjacent to new single-family developments with home sales $600,000+
  • Walking Distance to Retail and Schools

Executive Summary

An opportunity to acquire 38.14 Acres of land on Avenue J and 25th Street E with all utilities. Ideal for a Single Family residential development, R-7000 zoning allows for 160+ SFR lots.
The Antelope Valley remains a desirable housing market as people select the Lancaster area to find some of the most affordable housing in Los Angeles County making the site valuable for a investor or developer that understands the future potential.

Property Facts

Price £5,169,780
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 38.14 AC
Opportunity Zone Yes

1 Lot Available

Lot

Price £5,169,780
Price Per AC £135,547
Lot Size 38.14 AC

Description

• Four parcels totaling 38 acres with utilities in the street • Hard corner intersection with excellent visibility and minutes to Freeway off-ramp • R-7000 zoning allowing 7,000 SF Minimum Lot size or (2.1 to 6.5 DU/Acre) • Adjacent to KB Home Sonora Development 160 lots on 40 acres(Homes Starting at $525K) • 120 Acres of new Residential communities (KB Homes) completed to the east of site

zoning

Zoning Code R-7,000 (General Plan: Urban Residential (UR) density: 2.1 to 6.5 dwellings per acre maximum height:35’ minimum lot size:7,000 SF)
R-7,000 (General Plan: Urban Residential (UR) density: 2.1 to 6.5 dwellings per acre maximum height:35’ minimum lot size:7,000 SF)
  • Listing ID: 34190290

  • Date on Market: 13/12/2024

  • Last Updated:

  • Address: J Ave, Lancaster, CA 93535

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