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Listed by Jung Lyu • Jung Lyu, Broker
$995,000
Est. payment /mo
2.28 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID TR-26084871
Lot Size 2.280 Acres
Source California Regional Multiple Listing Service (CRMLS)
Property Description
Prime development opportunity – 36-unit apartment project with civil plans approved and building permits in final plan check.
Rare chance to acquire a nearly shovel-ready multifamily site with significant progress completed, allowing a developer to bypass much of the typical 12–18 month entitlement and approval process. Project includes approved plans for a 36-unit apartment complex with 81 parking spaces (approx. 2.25 spaces per unit), along with completed architectural, structural, and engineering work.
Civil drawings have been approved, and building permits are in the final stages of review and nearing issuance, substantially reducing development timeline, risk, and carrying costs. Utilities and infrastructure approvals are in place, positioning the project for a streamlined path to construction.
Ideal for developers seeking a high-upside opportunity with major pre-development milestones already achieved in a market where entitlement timelines and uncertainty can delay projects.
This offering provides immediate value with the ability to close and move toward construction in the near term. Perfect for investors, builders, or developers looking to capitalize on a near-ready multifamily development.
Buyer to verify all plans, permits, zoning, and development details with the city.
Rare chance to acquire a nearly shovel-ready multifamily site with significant progress completed, allowing a developer to bypass much of the typical 12–18 month entitlement and approval process. Project includes approved plans for a 36-unit apartment complex with 81 parking spaces (approx. 2.25 spaces per unit), along with completed architectural, structural, and engineering work.
Civil drawings have been approved, and building permits are in the final stages of review and nearing issuance, substantially reducing development timeline, risk, and carrying costs. Utilities and infrastructure approvals are in place, positioning the project for a streamlined path to construction.
Ideal for developers seeking a high-upside opportunity with major pre-development milestones already achieved in a market where entitlement timelines and uncertainty can delay projects.
This offering provides immediate value with the ability to close and move toward construction in the near term. Perfect for investors, builders, or developers looking to capitalize on a near-ready multifamily development.
Buyer to verify all plans, permits, zoning, and development details with the city.
Location
State CA
County San Bernardino
Area Hsp - Hesperia
Zoning MDR
Exterior
Community Features Valley
View Y/N No
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Building
Lot Description 36-40 Units/Acre
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Nearby Locations
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John R Thompson
Broker/Owner | License ID: 01200900
Broker/Owner License ID: 01200900