Property Details
About this Property
Presenting a unique chance to acquire a multifamily property at 21905 Powhatan Rd, Apple Valley, CA, featuring 13 existing units with significant expansion potential. This strategically located property boasts additional land zoned under the recently approved Village Specific Plan, allowing for the development of up to 92 units, while retaining its grandfathered multifamily zoning status. Key Features: - Current Units: 13 well-maintained multifamily units, providing immediate rental income. - Development Potential: Additional land available for the construction of up to 92 units, offering a lucrative opportunity for expansion. - Zoning Advantages: Recently transitioned to the Village Specific Plan, yet the property benefits from grandfathered multifamily zoning, ensuring a seamless development process. - Infrastructure Ready: City water and sewer lines are already plumbed to the property, simplifying the construction of new units and reducing upfront development costs. - Prime Location: Situated in the growing community of Apple Valley, this property is conveniently located next to a park and community center, near shopping, schools, and recreational facilities, making it attractive to prospective tenants. This property represents an exceptional investment opportunit
MLS Listing Information
MLS #
CRCV24208870
MLS Source
California Regional MLS
Days on Site
28
Parking, School, and Other Information
Garage/Parking
Garage: 0 Car(s)
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 7 | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
21905 Powhatan Rd is a Residential Income in Apple Valley, CA 92308. This – square foot property sits on a – Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,600,000 and was built in 1972. This address can also be written as 21905 Powhatan Rd, Apple Valley, CA 92308.
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This listing information is up-to-date as of October 16, 2024. For the most current information, please contact John Stephens
