5 LOT 5 E Street, Victorville, CA 92395
List Price: $45K
Listing Status: Active
Original List Price: $50K
0Days on Market: 139
0 Bedrooms · 0 Bathrooms
Property Type: Land
Lot Size: 7,100 sq ft
MLS Number: PW25267296
About This Property
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.
Property Photos
