ActiveLand · sale

0 Tokay

Victorville, CA 92395

$399,000

  • 0.58 acres

Listed by KELLER WILLIAMS REALTY · MLS #IV26222937

Listing status & updates
MLS last changed
Not supplied by this listing source
Availability last checked
No per-listing check is recorded

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PROPERTY QUESTIONS & SHOWINGS

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0 Tokay, Victorville, CA 92395 · MLS #IV26222937

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A FEW THINGS TO NOTICE

What stands out.

Property size

0.58 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

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**Rare Multifamily Development Opportunity – Fully Approved 8-Unit Apartment Project!**



A rare opportunity for developers and investors to secure a vacant lot with plans and approvals already in place for an 8-unit apartment complex. One of this property's most significant advantages is its unique sewer elevation positioning, reportedly making this the last remaining opportunity in the area to develop a multifamily building of this type. This distinctive infrastructure advantage makes the property an especially compelling opportunity for those looking to capitalize on limited multifamily development potential.



Save valuable time and move closer to construction with plans and drawings already completed and approvals in place, potentially eliminating up to two years of planning and approval work. The proposed project offers the potential for eight rental units, each projected to command approximately $2,200 per month, representing a combined potential rental income of $17,600 per month at full occupancy.



Opportunities to acquire a development site with this level of preparation and potential are increasingly difficult to find. Whether you're an experienced investor or a developer looking for your next project, this property offers a unique opportunity to move forward with much of the groundwork already completed.



**Plans and drawings are available under the Supplements tab.** Contact us today for additional information and take a closer look at this exceptional multifamily development opportunity!

THE NEIGHBORHOOD

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0 Tokay, Victorville, CA 92395

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THE DETAILS

The details, all in one place.

Property type
Land
Category
Land
Utilities
ElectricityAvailable,SewerAvailable,WaterAvailable
Zoning
r
Parcel
3093491100000
HOA fee
$0.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

Investor outlook Ownership planning and property management

ERA PROPERTY MANAGEMENT

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Your plans for a property go beyond the purchase. Talk with ERA about the management services available for your property type and market.

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    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

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Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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Listing information

MLS #IV26222937 · California Regional MLS

Listing brokerage: KELLER WILLIAMS REALTY
Listing agent: BARRY GOODRICH

Listing status: Active. MLS last changed: not supplied. Availability last checked: not recorded. 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.