$395,000

0 Olive Street

Hesperia CA, 92345

Description

5.27 acres available for development, zoned R3 - Medium Density Residential, this specific plan is established to provide areas for multi-family housing such as courtyard apartments, condominiums and walk-up townhomes. This zone also permits single family residences in small lot subdivisions. Located one block south of Main Street and all its amenities, in close proximity to schools, parks, medical center, and Hesperia Golf Course and Country Club, this property has sewer and water located adjacent on Olive and E Ave. Additional contiguous properties are also available. The High Desert is now the future home of the recently approved High Speed Train from Apple Valley to Las Vegas, including their Maintenance Facilities. This project is expected to break ground in the Victor Valley during 2021 and be completed in 2023. Over the course of the next three years, the project is expected to bring over 10,000 jobs, increase housing needs, and boost the economy of the High Desert. Engineering work is already in process to connect the High Desert to Los Angeles and Palmdale/Lancaster.

Details

MLS#516634
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site350

Features

ZoningResidential 3
Acreage5.27
Property ViewValley,Desert

Market Activity 92345

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Area Information
StateCA
CountySan Bernardino
CityHesperia
Zip Code92345
AreaCalifornia
Listing VS Median (in 92345)
Price:
$395,000
low | high
Med:
$273,525
80.753164556962% of Average
On Site:
350
low | high
Med:
181.5
100% of Average
Listing Updated: 09/22/2020
Mehdi Mostaedi LogoMLS Number: 516634
Listing Provided By:
Mehdi Mostaedi  of  NAI Capital Inc.

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the High Desert Association of REALTORS®.