W 40th St West & Ave J, Lancaster, CA 93536

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List Price
$558,600
Status
PENDING
Days on Market
173
MLS#
26003568
Subtype
Land
Lot Size
347,608
Acres
7.98
Neighborhood
03 - Lancaster West
MLS Area Major
03 - Lancaster West

Property Description

Located in highly desired west Lancaster at the NE corner of 40th St West & Ave J. Zoned R 7,000 by the City of Lancaster. Zoning allows up to 4 home sites per acre. If your builder can get Additional Dwelling Units (ADU's) approved also, then 8 homes per acre. City of Lancaster has already approved, and a builder has completed, a similar project with 2 homes per lot, just 3/4 miles to the south at 40th West & Ave J-12. Conservatively, parcel could yield 25 home sites and if each lot had an ADU, that would total 50 homes. All utilities are in the street. Major / mature housing just across Ave J to the south. County Fire Station next door on the north. Highest & best use: build now / hold for investment. ALL CASH. Buyer and buyer's agent to verify all information provided herein by listing broker.

Additional Information

Zoning
R 7,000 per City of Lancaster

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Listing courtesy of Listing Agent: Jim Patton (jim@jpbroker.com) from Listing Office: jpBroker.com.