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2.57
acres of R-2 Multi-family in Palmdale |
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Location- |
@ 5th St East & Ave R-8 | |
Area- |
Palmdale | |
Acres- |
2.57 acres (111,949 sq feet) |
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APN- |
3010- 019- 008 & 012 |
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Zoning- |
R-2 (6 -10 units per acre) | |
Topography- |
flat & level | |
Dimensions- |
both parcels, 380’ x 465’ deep | |
Utilities- |
on 5th St East & Ave R-8 | |
Price- |
$550,000 ($4.91 psf) | |
Existing Notes- |
free & clear | |
Terms- |
all cash | |
Remarks- |
Two contiguous R-2 parcels totaling 2.57 acres. R-2 zoning allows
for multi-family construction use, allowing 6.1 to 10 units per acre.
All utilities are on 5th St East or Ave R-8. Single family homes are
located across Ave R-8 and 5th St East. Parcels are in the City of
Palmdale. For residents in area that commute, the Freeway 14 is under
2 miles away. Nearest retail locations for everyday items would be
at 5th St East and Palmdale Blvd, less than 1 mile to the north. Parcel
12 fronts both 5th St East & Ave R-8 with a 60 foot wide leg coming
off of Ave R-8. Parcel 8 also has legal access to Mesilla Ave on the
east, which is unimproved at this time. Highest
& Best use: develop now / land bank |
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Safety and Cautions- |
Anyone inspecting, or walking on the property, off the road, should be aware that rattlesnakes and other desert wild life could be in the area. Be careful and use common sense! | |
Directions to Property- |
From
the AV Fwy, exit at Ave S. Go east on Ave S for 7/10 of a mile to 5th
St East. Turn left (N) on 5th St East and go 1/2 mile. Stop.
You are now at Ave R-8. Subject parcel wraps around the house at the
NE corner of 5th St East & Ave R-8. |
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