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
CIMLS# | 1159719 |
Location Avenue R near 20th St East Palmdale CA 93550 | |
Updated | May 16th, 2024 |
Type | Land |
Price | $500,000 |
Land | 2 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!