ActiveLand · sale

0 E S/W Corner W Ave J & 32nd St W

Lancaster, CA 93535

$259,000

  • 2.38 acres

Listed by Castlestone Properties, Inc. · MLS #SR25120464

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0 E S/W Corner W Ave J & 32nd St W, Lancaster, CA 93535 · MLS #SR25120464

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A FEW THINGS TO NOTICE

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Property size

2.38 acres listed.

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THE PROPERTY

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Prime development opportunity in West Lancaster! Seller will consider seller financing with 50% down to well-qualified buyers! This is a strategic in-fill corner lot, at the signalized southwest corner of W Ave J and 32nd St W. This 2.38 acre parcel is zoned R-7000, meaning that the property can be subdivided into lots of around 7,000 sqft each. The seller previously obtained a tract map (TTM 54382), now expired, yielding 9 lots with frontage running along 32nd West. A developer could therefore purchase this property, re-apply for the tract map, and build 9 new construction homes. New homes in West Lancaster are selling for over $500,000 at this time. Another option is for a developer to utilize the new ADU laws and build 18 ''build to rent'' homes on the 9 lots. Water, sewer, gas, and electricity connections are all present. The location is superb, as corner lots are highly desirable. It's in the heart of West Lancaster, across the street from the Central Christian Chruch and right down the street from the Valley Central shopping center and the 14 freeway. This area is rapidly growing, and new home tracts are sprouting up all around. This property could also be suitable for the construction of a single custom home, along with guest houses, pool, etc. It is priced similarly to 2.5-acre custom home lots in the high-end equestrian areas of Palmdale/Lancaster. With all utilities available at the street, a custom home could be an attractive alternative use. This parcel is truly a gem; an in-fill corner lot within a prime area of West Lancaster. This would be a perfect acquisition for a small tract developer, a build-to-rent developer, someone looking to combine this parcel with the adjacent vacant parcels, or someone looking to hold quality land for future appreciation. Don't miss out!

THE NEIGHBORHOOD

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0 E S/W Corner W Ave J & 32nd St W, Lancaster, CA 93535

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THE DETAILS

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Property type
Land
Category
Land
Zoning
LRR10000*
Parcel
3153017006
HOA fee
$0.00

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Listing information

MLS #SR25120464 · California Regional MLS

Listing brokerage: Castlestone Properties, Inc.
Listing agent: Mark Mestepey

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.