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Listed by Diana Mendoza Oviedo • eXp Realty of Southern Ca, Inc
$ 49,999
Est. payment /mo
New
5 LOT 5 E Street Victorville, CA 92395
7,100 SqFt
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Square Footage 7,100 sqft
Price per Sqft $7
MLS Listing ID CRPW25267296
HOA Y/N No
Lot Size 7,100 Sqft
Property Sub-Type Unimproved Land
Source Datashare California Regional
Property Description
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, 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. 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
Interior
Fireplace No
Exterior
View Mountain(s)

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