E Avenue East
$950,000
4,307,453 / 98.89
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....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.
- Listed by Mark Mestepey • DRE #01991537 • Castlestone Properties, Inc.
Property Details for E Avenue East
Area
11 - Lake LA to Largo Vst
ZoningLCA12*
Cross StreetE Ave Q/170th St E
LISTING UPDATED: 10/21/2024 10:23 PM
Property Details for E Avenue East
Status | Active |
---|---|
MLS # | 24000478 |
Days on Market | 311 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Land |
MLS Type | Lots and Land |
Year Built | - |
Lot Size | 98.89 AC |
County | Los Angeles County |
Building Information for E Avenue East
Lot Size98.89 AC
Property Information for E Avenue East
Property History for E Avenue East
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near E Avenue East
This home is within Antelope Valley Union High School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 8 | |||
Public - | 5 to 8 | |||
Public - | 9 to 12 | |||
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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