9787 11th Ave - High Density Residential Opportunity 1.69 Acres of Residential Land Offered at $803,339 CAD in Hesperia, CA 92345
INVESTMENT HIGHLIGHTS
- High Density Residential Zoning
- Already Income Producing Unit On Property
EXECUTIVE SUMMARY
Close To Main St, 15-Freeway, and Downtown
Already Included Income Producing Unit $1,650 Per Month
FINANCIAL SUMMARY (ACTUAL - 2022) |
ANNUAL (CAD) | ANNUAL PER AC (CAD) |
|---|---|---|
| Gross Rental Income |
$27,472
|
$16,255.45
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$27,472
|
$16,255.45
|
| Net Operating Income |
-
|
-
|
PROPERTY FACTS
| Price | $803,339 CAD |
| 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 | $803,339 CAD |
| Price Per AC | $475,348.72 CAD |
| 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 $20K 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.***
