0 East E Avenue

Palmdale, CA 93591

$950,000
Price
4,307,453 / 98.89
Lot Size / Acres
a view of parking
a sign that is on the wall
a view of an ocean and beach
a view of ocean and a mountain
a view of beach and snow

Description

Exceptional development site in Lake LA, on the popular "Palmdale side" of the area. At just under 100 acres (100 acres gross), this rectangular infill parcel is ripe with opportunity, and is one of the few large, undivided land parcels within the area. Attractive seller financing available. The parcel has paved streets on 3 sides, with one of them being 170th St E, which is the main north-south thoroughfare through Lake LA. It has a hard corner at 170th and Ave Q, which is another main street. The...Exceptional development site in Lake LA, on the popular "Palmdale side" of the area. At just under 100 acres (100 acres gross), this rectangular infill parcel is ripe with opportunity, and is one of the few large, undivided land parcels within the area. Attractive seller financing available. The parcel has paved streets on 3 sides, with one of them being 170th St E, which is the main north-south thoroughfare through Lake LA. It has a hard corner at 170th and Ave Q, which is another main street. The north side of the parcel is abutted by an existing housing tract, with 4 feeder streets that can be easily extended onto this property, allowing a developer to "complete" the housing tract to the north of the parcel, which is essentially in an unfinished state at the moment. Potential mobile home park development site. There may even be commercial potential with this property, owing to the frontage on 170th street and the hard corner of 170th/Q. Some or all of the lot may be re-zoned to commercial, and it could make a great location for a gas station or shopping center. Water, electricity, and gas services are all available. There are also nice views of the buttes to the west and mountains to the south. Home values are strong in Lake LA, with existing homes in the area selling in the $400,000+ range, and new homes are likely to sell in the $500,000+ range. This property sold for $1,240,000 in 2008, when home prices in this area were roughly half of what they are currently. Possibilities for a housing developer include subdividing the property to mirror the existing street layout to the north and selling off the individual parcels, building a housing tract of new construction homes and selling them for $500,000+, or even building a tract of ''Build to Rent'' homes with ADU's to double the density. At $9,500 per acre, this property is a great price for a nearly 100 acre infill parcel with main street frontage, and that is nestled within existing housing tracts, as opposed to a raw desert parcel with no street frontage or utilities. Buildable infill parcels of this nature are rarely available, and a large contiguous parcel on the "Palmdale side" of Lake LA presents a tremendous opportunity.
  1. Listed by Mark Mestepey • DRE #01991537 • Brokerage DRE #01218435 • Castlestone Properties, Inc. • 818-624-0099

Property Details for 0 East E Avenue

View
Mountain(s)
Lot Size Source
Assessor
Assessor Parcel Number
3075-005-001
New Construction
No
Pool
No
View
Yes
Association
No
Association Fee
$.00
LISTING UPDATED: 04/17/2024 05:21 AM

Property Details for 0 East E Avenue

StatusActive
MLS #SR24010300
Days on Market309
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLot/Land
Year Built-
Lot Size98.89 AC
CountyLos Angeles County

Building Information for 0 East E Avenue

Lot Size98.89 AC

Property Information for 0 East E Avenue

Income / Expense / Tax Details
Tax / Assessment Info
  • Tax Census Tract: 9001.04
  • CFD/Mello-Roos Fee: $152
  • Tax Lot: 21
Community / Development
Community / Development
  • Community Features: Rural, Suburban
Property / Structure Info
Distance To
  • Distance To Water: At property
Land/Lot Info
  • Lot Features: Lot Over 40000 Sqft
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Water Source: Public
Parking Info
  • Carport Spaces: 0

Property History for 0 East E Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 0 East E Avenue

This home is within Antelope Valley Union High School District.
Rating
School
Type
Grades
Distance
Lake Los Angeles Elementary School
Public - K to 8
Keppel Academy
Public - 5 to 8
Littlerock High School
Public - 9 to 12
Desert View Community Day School
Public - K to 8
Rating
School
Distance
Lake Los Angeles Elementary School
PublicK to 8

Keppel Academy
Public5 to 8

Littlerock High School
Public9 to 12

Desert View Community Day School
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 0 East E Avenue, Palmdale, CA 93591

0 East E Avenue is a 98.89 ac of land for sale in Palmdale, CA 93591. This property was listed for sale on January 18, 2024 by Castlestone Properties, Inc., it's currently listed at $950,000. This listing's school districts are Antelope Valley Union High School District, Keppel Union Elementary School District. Nearby schools include Lake Los Angeles Elementary School, Keppel Academy and Littlerock High School. 0 East E Avenue is a 0-bed, 0-bath, 98.89 ac of land on a 4,307,453 sq. ft. / 98.89 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Castlestone Properties, Inc., Mark Mestepey, DRE #01991537

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.