$27,250
$29,950
9.0%For more information regarding the value of a property, please contact us for a free consultation.
5 LOT E ST Victorville, CA 92395
7,100 Sqft Lot
Key Details
Sold Price $27,250
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID HD24216704
Sold Date 11/13/24
HOA Y/N No
Lot Size 7,100 Sqft
Property Description
Medium Density Residential Lot, 7100 sq ft (APN: 0478-162-04) GPS: 34.539744, -117.29485 This residential lot is located in Victorville, CA. Victorville is located at the southwestern edge of the Mojave Desert, 81 miles northeast of Los Angeles, 148 miles north of San Diego and 188 miles southwest of Las Vegas. The property sits within the Old Town Specific Plan and the city has zoned the property as Residential Medium Density (RM) This district provides for both attached and detached multi-family residential dwelling units. Clustered single-family units, duplexes, triplexes, quadplexes, townhomes, rowhouses, condominiums, brownstones, stacked flats, and small apartment complexes are appropriate for this area. The city allows up to a maximum 15.0 du/acre. Utilities are in the street ready for your use. Victorville, CA is an attractive option for property buyers for many reasons, including its designation as a CDFI Opportunity Zone, which offers unique tax benefits. Located in the High Desert region of San Bernardino County, Victorville has a prime location along Interstate 15, making it a convenient hub for commuters to cities like Los Angeles and Las Vegas. The city's affordable housing market and growing economy—bolstered by new developments, shopping centers, and local businesses—make it appealing for both first-time buyers and investors. The CDFI Opportunity Zone designation adds an extra incentive by providing significant tax benefits, such as deferring or reducing capital gains taxes, making Victorville a smart choice for long-term investment. Buyers can not only benefit from tax savings but also contribute to the revitalization of underserved areas, which can boost property values over time. This property does not yet have an address. While the boundary lines on the map offer a glimpse, they are only approximate. A Buyer should verify boundaries, zoning and utilities, ensuring every aspect aligns with their vision for the property.
Location
State CA
County San Bernardino
Area Vic - Victorville
Zoning RM
Interior
Fireplace No
Exterior
Fence None
Community Features Urban
Utilities Available Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
View Y/N Yes
View Mountain(s), Valley
Present Use Unimproved
Building
Lot Description Level, Rectangular Lot
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 0478162040000
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
Special Listing Condition Standard
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Bought with Jaime Arteaga • MGR REAL ESTATE, INC.
The Wilkas Group - Lenore & Alexander Wilkas
Real Estate Advisors | License ID: 01343201 & 01355442