0 Vac/20th Ste/Vic Avenue H5 Street

Lancaster, CA 93535

$800,000

Listed Price
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straighten $1 / sqft

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Property Description

17.5 acres of R-7000 land in Lancaster, CA. Two adjacent parcels fronting on 20th Street East between Avenues H-4 and H-8. $800,000 PRICE IS FOR BOTH PARCELS COMBINED. Price per acre is $45,714. They are located directly across the street from the Pacific Marigold development, formerly known as Falcon Pointe. A combined 160 new homes have been built and sold and sales are on-going. Prices are $499,900 to $557,990. The first parcel (APN 3154-001-049) is 10 gross acres. The second parcel (APN 3154-001-050) is 7.5 gross acres. The combined acreage is flat and level with a total frontage of 660 feet on 20th Street East. Utilities are in the street. The zoning is R-7000 which allows up to 4 homes per acre. Up to 68 new homes can be built along with an ADU for each. Buyers are advised to consult with the City of Lancaster Planning Department for further information and requirements. The two parcels are separately owned, but must be sold together. Both had previous tentative tract maps filed. The associated reports and studies will need to be up-dated, but can be provided to a Buyer. Sellers will consider up to a one year escrow to enable a qualified Buyer sufficient time to process a a TTM and secure entitlements. Terms to be negotiated.

Interior Features

Bedroom Information
Bedrooms N/A
Bathroom Information
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Listing Information

Address 0 Vac/20th Ste/Vic Avenue H5 Street
City Lancaster
State CA
Zip 93535
County Los Angeles
Listing Agent Joseph De Martinis DRE#00840658
Courtesy Of Joseph De Martinis
MLS SR24029823
List Price $800,000
Status Active
Type Land
Structure Size N/A
Lot Size 404,892
DOM 1

Exterior Information

Maps

Listing information courtesy of: Joseph De Martinis, Joseph De Martinis . *Based on information from the Association of REALTORS/Multiple Listing as of Feb 13th, 2024 at 8:49 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.