LOCATION, LOCATION, LOCATION. Great Development Opportunity in an OPPORTUNITY ZONE! This 5.26 acres at the northeast corner of 3rd Ave & Willow Street in the city of Hesperia. Seller has Submitted plans to the City Of Hesperia and is in phase 1 of planning to build 92 units on 229,339 sq ft lot. The 92 units consists of (40) 1 Bed -1 Bath units each at 875 sq.ft, (52) 2 Bed - 2 bath units each at 1077 sq.ft. The rent growth over the last year is around 2.8%, while the vacancies are at 1.6%. This property also features a kids playground, pool, dog park and community center which is included in the site plan. Buyer to work with city on future usage. Houses surround this plot. Many new developments in the area. Near 15 freeway. Directions: 1) North Bound on 1-15, 2) Exit main street right 3) Left on 3rd Ave. 4) Lot on the NE corner of 3rd Ave & Willow St. Price includes architectural and engineering contract. Additional architectural plans available upon request. Don't miss out on this rare opportunity to develop a desirable community in the heart of Hesperia.
MLS #
CRGD22163974
MLS Source
California Regional MLS
Days on Site
495
Buyer's Brokerage Compensation*
3.00%
Fencing
None
HOA Fee
$0
Zoning
PRKG, LZ
0 Willow St is in Hesperia, CA 92345. This Land is currently priced at $1,590,000.
This address can also be written as 0 Willow St, Hesperia, CA 92345.©2023 California Regional MLS. All rights reserved. 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. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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* The offer of compensation is made subject to the MLS rules where the listing is filed. Please contact your agent for any questions concerning this subject matter.
This listing information is up-to-date as of January 26, 2023. For the most current information, please contact Allen Kodzhavakyan