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9787 11th Ave - High Density Residential Opportunity

1.69 Acres of Residential Land Offered at $814,757 CAD in Hesperia, CA 92345

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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 $1,650 Per Month

Financial Summary (Actual - 2022)	Annual (CAD)	Annual Per AC (CAD)
Gross Rental Income	$27,847	$16,477.35
Other Income	-	-
Vacancy Loss	-	-
Effective Gross Income	$27,847	$16,477.35
Net Operating Income	-	-

Financial Summary (Actual - 2022)

Gross Rental Income (CAD)
Annual	$27,847
Annual Per AC	$16,477.35

Other Income (CAD)
Annual	-
Annual Per AC	-

Vacancy Loss (CAD)
Annual	-
Annual Per AC	-

Effective Gross Income (CAD)
Annual	$27,847
Annual Per AC	$16,477.35

Net Operating Income (CAD)
Annual	-
Annual Per AC	-

Property Facts

Price	$814,757 CAD	Property Type	Land
Sale Type	Investment or Owner User	Property Subtype	Residential
Sale Conditions	Build to Suit	Total Lot Size	1.69 AC
No. Lots	1

Price	$814,757 CAD
Sale Type	Investment or Owner User
Sale Conditions	Build to Suit
No. Lots	1
Property Type	Land
Property Subtype	Residential
Total Lot Size	1.69 AC

1 Lot Available

Lot 254

Price	$814,757 CAD	Lot Size	1.69 AC
Price Per AC	$482,105 CAD

Price	$814,757 CAD
Price Per AC	$482,105 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.***

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