2000 E Lancaster Blvd, Lancaster, CA 93535
2000 E Lancaster Blvd, Lancaster, CA 93535
2000 E Lancaster Blvd, Lancaster, CA 93535
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Eric & Janelle Boyenga

Eric & Janelle Boyenga

+1(408) 373-1660
Listed by Mark Mestepey, DRE #01991537 • Castlestone Properties, Inc.
$2,500,000
Est. payment /mo
8.88 Acres Lot
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Key Details

Property Type Vacant Land

Sub Type Other Residential Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRSR26135269

Lot Size 8.882 Acres

Property Sub-Type Other Residential Land

Source California Regional MLS

Property Description

One of the most prolific multifamily development sites in the Antelope Valley. Rarely do institutional developer-grade parcels of this stature hit the open market, and it's also available with attractive seller financing. The subject property provides 8.8 acres of prime-in fill land on the east side of Lancaster, with the city's coveted Mixed Use-Neighborhood (MU-N) zoning. Sitting at the northwest corner of Lancaster Blvd and 20th St E, this parcel is coming to market amidst a historic affordable housing building boom in the Antelope Valley. With strong support from the City of Lancaster and the state, ample LIHTC financing and tax credit availability, and strong renter demand, multiple large-scale affordable housing projects are coming online. This parcel is primed for a developer to join the boom and build a substantial project. Lancaster's MU-N zoning is highly flexible, as it's believed to allow for residential-only projects with no specific density maximums, and a height maximum of 4-5 stories (buyer to verify all information with the city). Typical multifamily products in the AV tend to be 2-3 stories. With 8.8 net acres and this unique zoning, this location should accommodate anywhere from 100-400 units, depending upon the developer's desired intensity. The seller had pre

Location

State CA

County Los Angeles

Area Lac - Lancaster

Zoning PRKG,LSR

Exterior

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Building

Water District - Public

Others

Tax ID 3147002046

Special Listing Condition Not Applicable

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Eric & Janelle Boyenga

Eric & Janelle Boyenga

+1(408) 373-1660

Agent DRE01254724 / 01254725

Agent DRE01254724 / 01254725

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