$2,000,000
For Sale

Pearblossom Highway

Palmdale, CA 93552
5.00 acres | #IV23091507
Listing OfficeCOLDWELL BANKER COMMERCIAL SC
Browse 5 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

• LOCATION: Palmdale - Los Angeles County, CA
• TOTAL SITE AREA: ±5 Acres
• APN(s): 3052-027-027
• PURCHASE PRICE: $2,000,000 ($9.18 SF)
• PRICE PER AC: $400,000
• ZONING: MXD – RU
The subject property consists of 5 acres located on the southwest corner of Pearblossom Highway and 47th E Street in Unincorporated Los Angeles County, California. The property is part of the Antelope Valley Plan. The property is relatively flat in topography and has significant frontage to 47th St E and Pearblossom Hwy. The land to the east of the property is owned by Antelope Valley Union High School District with plans for future high school.
The subject property is zoned MXD – RU (Rural Mixed Use Development Zone) with a MU-R (Mixed Use-Rural) land use designation which allows for a wide range of potential uses. The property has a recently expired Tentative Map for a large scale mixed use project. Current zoning will allow for the development of single-family homes with a maximum density of up to 5 Dwelling Units per Net Acre.

  • Property Details
      • Lot DescriptionTwoToFiveUnitsAcre
      • Utility FeaturesWaterNotAvailable
      • CountyLos Angeles
      • Original List Price$2,000,000
      • MLS #IV23091507
      • MLS #IV23091507
      • Property TypePurchase
      • Cost2000000
      • ViewDesert
      • Property SubtypeLand
      • Acres5

Location

Gary ElminoufiReal Estate Group
$
years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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