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$399,000
New Listing

0 Tokay
Victorville, CA 92395

For Sale|Land|Active
County:
San Bernardino
Listed by BARRY GOODRICH of KELLER WILLIAMS REALTY [email protected]
0 Tokay0 Tokay0 Tokay0 Tokay
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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!

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Listing Snapshot
Price 
$399,000
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.5785 Acres
Year Built 
N/A
MLS® Number 
IV26222937
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
10 hours agoListing first seen on site
10 hours agoListing updated with changes from the MLS®
General Features
Acres 
0.5785
Land Lease 
No
Sewer 
Public Sewer
Special Circumstances 
Standard
Utilities 
Electricity AvailableSewer AvailableWater Available
Water Source 
Public
Zoning 
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Exterior Features
Road Frontage 
County Road
View 
Mountain(s)
Waterview 
Mountain(s)
Community Features
Community Features 
Suburban
MLS Area 
VIC - Victorville
Financing Terms Available 
Cash
Roads 
Paved


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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