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NEW REO LISTING!

 

Tentative Approved for 80 Condominiums & 63 Townhomes
Hesperia, CA

LOCATION: 8471-8699 E Avenue, City of Hesperia, CA 92345. Located on the southeast corner of E Avenue and Muscatel Street. Less than one mile south of Main Street and its various shopping centers and approximately 0.5 miles from C Avenue. Centrally located to three schools less than a mile away: Lime Street Elementary, Hesperia Christian School, and Sultana High School.
   
APN/SIZE: 0410-231-02 = 11+/- acres (479,160+/- SF).
   
ZONE:

Zoned Medium Density Residential within the Hesperia Main Street and Freeway Corridor Specific Plan. This zoning is for the development of multi-family housing and small lot single family residential with a density of 8 to 15 units per acre. Tentatively approved for 80 condominiums and 63 townhomes on a total of 64 lots in March 2007 (TT-18523); expirs March 17, 2013. Site Plan SPR-2007-38 was approved in March 2007, expired on March 17, 2011 and will need to be resubmitted. The TTM can be extended for six additional years.

BUYER TO VERIFY ZONING AND THAT IT WILL ALLOW BUYER'S INTENDED USE.

   
MISC:

Lender owned and tentative approved 143 unit multi-family project ideally located near three schools and in close proximity to major retailers and employment centers. Develop as approved or potential for market rate apartments or assisted living facility with a CUP.

   
PRICE:

Asking $412,500 ($2,884/Approved Unit). Subject property is lender owned and being sold "As-Is, Where-Is."

   
CONTACT:

Deanne Boublis (DRE 00970999) or Ben Wilson (DRE 01881888) at 818-787-3077 for additional information.

EMAIL REQUEST FULL PACKAGE

 

 

DISCLAIMER NOTICE TO BUYER: The above information contained herein was obtained from third parties, and it has not been independently verified by the real estate brokers. Buyer should have the experts of their choice inspect the property and verify all information. Real estate brokers are not qualified to act as or to select experts with respect to legal, tax, environment, zoning, building construction, soils-drainage, or other such matters. Please click here to view our full disclaimer.

 

Licensed in California and Nevada
CA DRE Lic. 00861992 | NV RED Lic. B.1000713.Corp

Korek Land Company, Inc.
15230 Burbank Blvd., Suite 101 | Sherman Oaks, CA 91411 | 818-787-3077 | mail@korekland.com