0 22nd Street W,Palmdale,Los Angeles,Land

Property Description

Prime West Palmdale location! This 2.48 acre in-fill land parcel is nestled within a highly sought after neighborhood. Just south of Rancho Vista Blvd, halfway between Marie Kerr Park and the AV Mall, current home prices in the nearby neighborhoods are upwards of $800,000. This parcel is zoned ”SFR3”, which is Palmdale’s most common single-family zoning. It allows for subdivisions with a minimum lot size of 7,000 sqft. With this zoning, a tract of 8-10 homes could potentially be built. New homes in this area are in high demand. Additionally, with California’s new ADU laws, 16-20 ”build to rent” units could potentially be built on this property. Lastly, this parcel could also be suitable for someone looking to build a custom estate/mansion or horse property within a mature neighborhood, with plenty of room for an ADU. This lot can also connect to the sewer, whereas most custom homesites in the area require septic tanks. This parcel is just south of the ”White Fence Farms” neighborhood, where custom homes frequently sell for over $1,000,000. This parcel is unique in that it has frontage on 3 streets (22nd west, Indigo Sky, and Morning Dew), which provide the property with multiple access points. All utilities (water, gas, sewer, and electric) are presumed to be available at the streets. West Palmdale is a fast-growing and upscale area. New housing tracts, apartment complexes, and commercial development are sprouting up all around this area. This property could be appealing for many types of buyers, including homebuilders/subdividers, build-to-rent developers, individuals looking to build a custom home, and speculative investors who want to own a prime in-fill parcel. There are also 2 churches in the immediate vicinity of this property, and a church may be a possible use for this property. This is a highly versatile and desirable property, and at $195,000, it’s priced for a quick sale. Rarely do in-fill parcels come available in West Palmdale. Don’t miss out!