0 E S/W Corner W Ave J & 32nd St W Active Save Request In-Person Tour Request Virtual Tour
Lancaster,CA 93535
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Square Footage 103,875 sqft
Price per Sqft $2
MLS Listing ID CRSR25120464
Lot Size 2.385 Acres
Property Sub-Type Unimproved Land
Property Description
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.
Location
State CA
County Los Angeles
Exterior
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Building
Lot Description Corner Lot