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- LoopNet Team
44900-44938 20th St E
Lancaster, CA 93535
Lancaster | 15.77 Acres | Mixed Use/Res. · Land For Sale · 15.77 AC
Investment Highlights
- Excellent Multifamily/Retail/Commercial Development Opportunity!
- Only $2.4/SF!
- Mixed-Use Zoning
- 687,485 SF
- Terms available
PROPERTY FACTS
| Property Type | Land | Total Lot Size | 15.77 AC |
| Property Subtype | Residential |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 15.77 AC |
Description
L-shaped lot located at the NEC of 20th Street E and Lancaster Blvd. 20th Street E. Parcel 060 is currently improved with a 1,729+/- SF home from 1954 - to be sold "AS IS". Zoned MU-N (Mixed Use - Neighborhood). Conceptual site plan for 10 of the 15-Acres includes 164 residential units, 2 to 3 story on grade, plus 10,000 SF of commercial/retail. Infill location with Richmond American Homes-Seasons at 20th Street to the north, KB Homes-Sonora to the east, Discovery School (K-8) less than 1-block to the west, houses of worship and existing commercial nearby. The aerospace industry has created a strong demand for new for-rent and for-sale housing. This is an excellent opportunity to fill this demand! Over 30% Price Reduction!
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $312,488 | Total Assessment | $312,488 |
PROPERTY TAXES
zoning
| Zoning Code | MU-N/LRA22* (Mixed - Use Residential) |
| MU-N/LRA22* (Mixed - Use Residential) |
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