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Listed by Douglas Lee • COMPASS
$ 249,950
Est. payment /mo
Active
0 Vac/Vic 30th Ste/Ave R4 Palmdale, CA 93550
2.16 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID AR-25019516
Lot Size 2.160 Acres
Property Description
Traditional non-distressed, property. Cash or finance ok! Recently appraised on February 15, 2023 for $900,000. Property is zoned RN2, which allows a minimum of 20 units (10 units /acre), but a maximum of 40 units (20 units/ acre). Incredible opportunity to purchase a FLAT empty lot that is surrounded by single family homes. Property boasts over 90,000 square feet and can be subdivided into smaller individual lots or possibly develop multifamily. Because the property is surrounded by homes, the property should be near all the utilities: electric, gas, water and sewage. Depending on how aggressive the offer price is, seller may be open to providing seller financing. Buyer to verify with the city and submit all proposals to building and safety. Buyer understands that in order to build, they will need plans to be ready to issue (RTI). Be sure to checkout the supplements to see the appraisal report. The sale is for two lots ending with APNs 26 and 27.
Location
State CA
County Los Angeles
Zoning PDR3DP*
Exterior
Community Features Suburban
Utilities Available See Remarks
View Y/N Yes
View City Lights
Building
Lot Description Lot Over 40000 Sqft, Rectangular Lot, Value In Land, 2-5 Units/Acre