Homes for sale - 21905 Powhatan RD, Apple Valley, CA 92308

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JLee Broker

[email protected] +1(650) 857-1000

Listed by John Stephens • KW COMMERCIAL

$2,600,000

Est. payment - /mo

4 Sqft Lot

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UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRCV24208870

Originating Board California Regional MLS

Year Built 1978

Lot Size 4 Sqft

Property Description

Presenting a unique chance to acquire a multifamily property at 21905 Powhatan Rd, Apple Valley, CA, featuring 13 existing units with significant expansion potential. This strategically located property boasts additional land zoned under the recently approved Village Specific Plan, allowing for the development of up to 92 units, while retaining its grandfathered multifamily zoning status. Key Features: - Current Units: 13 well-maintained multifamily units, providing immediate rental income. - Development Potential: Additional land available for the construction of up to 92 units, offering a lucrative opportunity for expansion. - Zoning Advantages: Recently transitioned to the Village Specific Plan, yet the property benefits from grandfathered multifamily zoning, ensuring a seamless development process. - Infrastructure Ready: City water and sewer lines are already plumbed to the property, simplifying the construction of new units and reducing upfront development costs. - Prime Location: Situated in the growing community of Apple Valley, this property is conveniently located next to a park and community center, near shopping, schools, and recreational facilities, making it attractive to prospective tenants. This property represents an exceptional investment opportunit

Location

State CA

County San Bernardino

Area Appv - Apple Valley

Interior

Laundry Laundry Area

Exterior

Garage Spaces 27.0

Pool None

Building

Lot Description Grade - Level

Story One Story

Water District - Public

Others

Tax ID 3087351060000

Special Listing Condition Not Applicable

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JLee Broker

+1(650) 857-1000

Broker | License ID: 00851314

Broker License ID: 00851314

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21905 Powhatan RD Apple Valley, CA 92308

JLee Broker

Key Details

Location

Interior

Exterior

Building

Others

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