Avenue R near 20th St East

Palmdale, CA

Land for Sale - $500,000 - 2 acres

Agent Info

Harvey Holloway
Coldwell Banker Commercial Valley Realty

Property Info

  Avenue R near 20th St East
  Palmdale CA 93550
UpdatedMay 16th, 2024
Land2 acres

Property Description

2.04 +/- acres multi-family development site located in the state Opportunity Zone! RN-2 zoning allows 10-20 DU/AC and current density bonuses could increase the yield considerably! Preliminary drawings utilizing available density bonuses prepared by seller show a potential for 80 units! This is a great infill location nestled between 2 churches with over 200ft of frontage along Avenue R and SFR to the south! Avenue R is currently undergoing street widening and signal improvements to help increase its traffic capacity to better accommodate this growing area!


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