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Investment Highlights

  • High Density Residential Zoning
  • Already Income Producing Unit On Property

Executive Summary

One of the few parcel with HIGH DENSITY RESIDENTIAL ZONING
Close To Main St, 15-Freeway, and Downtown
Already Included Income Producing Unit $1,800 Per Month

Financial Summary (Actual - 2022)

Annual Annual Per AC
Gross Rental Income $21,000 $12,426.04
Other Income - -
Vacancy Loss - -
Effective Gross Income $21,000 $12,426.04
Net Operating Income - -

Financial Summary (Actual - 2022)

Gross Rental Income
Annual $21,000
Annual Per AC $12,426.04
Other Income
Annual -
Annual Per AC -
Vacancy Loss
Annual -
Annual Per AC -
Effective Gross Income
Annual $21,000
Annual Per AC $12,426.04
Net Operating Income
Annual -
Annual Per AC -

Property Facts

Price $579,000
Sale Type Investment or Owner User
Sale Condition Build to Suit
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use Multifamily
Total Lot Size 1.69 AC
Zoning HDR - High Density Residential

1 Lot Available

Lot 254

Price $579,000
Price Per AC $342,603.55
Lot Size 1.69 AC

TOWN OF HESPERIA W 223 FT LOT A BLK 254 1.69 AC M/L

Description

***Come VIEW and MAKE an OFFER TODAY! HIGH DENSITY RESIDENTIAL LAND opportunity in Hesperia, CA that already includes income producing rental unit. Located one block north of Main St the 1.69 Acre property is right in the center of town and is adjacent to all utilities. The HIGH DENSITY RESIDENTIAL zoning allows for the maximum amount of units to be built per acre in the city of Hesperia. This site is ideal for multifamily or apartment units. In addition there is a 1,898sf 3Bed 2.5Bath home already built that is occupied producing nearly $21K a year in rental income. A definite mush see for any investor/developer looking to start a new project in an area that desperately needs rental inventory.***

Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
0407-251-09
Land Assessment
$53,479 (2025)
Improvements Assessment
$213,910 (2025)
Total Assessment
$267,389 (2025)
  • Listing ID: 21703644

  • Date on Market: 12/9/2020

  • Last Updated:

  • Address: 9787 11th Ave, Hesperia, CA 92345

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